Serbian Gross Premiums Rose to 57 Billion Dinars, Central Bank

Serbian gross written insurance premiums rose to 57 billion dinars ($681.5 million) last year, central bank Vice Governor Mira Eric-Jovic said.

“Insurance companies in Serbia had a positive result in 2011,” Eric-Jovic said today at an insurers’ forum in Belgrade, without disclosing details. “While this marked a nominal increase, the premiums declined in real terms,”

The industry had 56.5 billion dinars in gross premiums at the end of 2010, according to central bank figures. The National Bank of Serbia is supervising the entire financial industry including banks, insurance companies and pension funds. The central bank is due to issue final quarterly reports for all three industries by early April.

To contact the reporter on this story: Gordana Filipovic in Belgrade at

To contact the editor responsible for this story: James M. Gomez at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.