Final stats of the insurance sector in 2022 presented by National Bank of Serbia29.08.2023.
According to data provided by National Bank of Serbia for 2022 Wiener Städtische osiguranje is ranked 3rd on the Serbian market, reaching the bruto total premium of 15.689.737.000 RSD, or 11.7% market share.
Initial positive business trend has continued throughout 2022, reaching double figures growth in almost all business lines, or 16.1% an annual growth.
Steady premium growth of life insurance has amounted in 9.0% increase – or in total 6.3 billion dinars. This is significantly higher then the total life insurance market growth of 5.9%, matching the last year’s stable seconde market position.
Exceptional growth has been achieved in the sector of non-life insurance, whit total premium of 9.4 billion dinars reached. That amounts to 21.3%, thanks to 60,1% growth of voluntary health insurance and the rise of premium motor vehicle insurance of 25.7%.
The other lines of business have equally reached double figures rise in the last year.
Wiener Städitsche osiguranje continues to invest in inovative insurance products, digitalization services, customer experience improvement and corporate social responsibility. This all influenced the excellent last year results and market indicators for the current year.