Recently published research from Timetric, "The Insurance Industry in Serbia, Key Trends and Opportunities to 2016", is now available at Fast Market Research

Boston, MA -- (SBWire) -- 02/14/2013 --The Serbian insurance industry segment registered a CAGR of 6.4% during the review period. The growth is attributed to the life insurance segment posting a CAGR of 19.3%. However, the non-life insurance segment, which dominates the industry with a market share of 72.1%, recorded a CAGR of 4% during the review period. The personal accident and health category grew at a CAGR of 7.6%. Such growth was achieved despite limited economic growth. The life insurance segment is dominated by the endowment category.

Key Highlights

- The Serbian insurance industry segment registered a CAGR of 6.4% during the review period.
- The growth is attributed to the life insurance segment posting a CAGR of 19.3%.
- However, the non-life insurance segment, which dominates the industry with a market share of 72.1%, recorded a CAGR of 4% during the review period.
- The personal accident and health category grew at a CAGR of 7.6%. Such growth was achieved despite limited economic growth.
- The life insurance segment is dominated by the endowment category.

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the insurance market in Serbia:

- It provides historic values for the Serbian insurance market for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period
- It offers a detailed analysis of the key segments and sub-segments in the Serbian insurance market, along with market forecasts until 2016
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Serbia and outlines the key regulations affecting them

Reasons to Get this Report

- Make strategic business decisions using in depth historic and forecast market data related in the Serbian insurance industry and each segment within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Serbian insurance market
- Assess the competitive dynamics in the Serbian insurance market
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Serbian insurance market and its impact on companies and the industry's future

Companies Mentioned in this Report: Dunav Osiguranje a.d. Beograd, Delta Generali Osiguranje A.D., DDOR Novi Sad a.d., Wiener Stadtische Insurance Company, UNIQA nezivotno osiguranje a.d.o., Takovo osiguranje a.d. Kragujevac

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