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Generali Osiguranje Srbija A.D.o. (Serbia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Generali Osiguranje Srbija A.D.o. Profile Updated: October 13, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Serbian private insurer Delta Osiguranje was set up in 1998 as part of local diversified group Delta Holding, which is owned by Serbian tycoon Miroslav Miskovic.The insurer, which services around 1 million clients across Serbia via more than 50 agencies, focuses on non-life business, life and pension insurance.
Delta Osiguranje collected EUR 40 million in premiums in 2005, more than double the EUR 16 million collected in 2004.
In March 2006, Italy's biggest insurer Generali acquired 50% plus one share of Delta Osiguranje for an undisclosed price. In 2014, the insurer was renamed to Generali Osiguranje Srbija A.D.O. Beograd.

Headquarters
Vladimira Popovica 8
Belgrade; Belgrade; Postal Code: 11010

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Website: http://www.deltagenerali.rs

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 24, 1998
Key Executives
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Chairman of the Executive Board
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Member of the Executive Board
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Chairman of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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99.9546%
Subsidiaries
Srbokoka
1.88%
Company Performance
Financial values in the chart are available after Generali Osiguranje Srbija A.D.o. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RSD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
5.35%
Operating profit (EBIT)
-14.42%
Net Profit (Loss) for the Period
-13.63%
Total assets
-3.42%
Investments
-4.18%
Receivables
8.85%
Total equity
-13.13%
Return on Equity (ROE)
-0.12%
Loss Ratio
-7.08%
Underwriting Expenses Ratio
-0.4%

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