INSURANCE INDUSTRY IN THE REPUBLIC OF SERBIA - RESULTS FOR 2014

This paper analyses the results achieved in the insurance industry as a whole, based on annual fi nancial statements submitted to the National Bank of Serbia by insurance companies. It contains the portfolio structure, effi ciency in adjustment and payment of claims, and profi t or loss data. Due to the specifi c features of insurance business, the additional indicators are also analysed and they include ratios and technical result. Business indicators are shown per insurance lines, except for profi t, i.e. loss.
Aim of this paper is analysis, overview and assessment of how successful this industry is as a whole, but also to enable comparable analysis of achieved results according to insurance lines of each insurance company individually, in relation to totally achieved results of all insurance companies in the country.

Key words: premium, claims, technical result, ratios, profi t, loss.