{
  "title": "Republic of Serbia: Financial Sector Assessment Program Update: Technical Note on Insurance Sector",
  "publication": "IMF Staff Country Reports, May 27, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-serbia-financial-sector-assessment-program-update-technical-note-on-insurance-23916",
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  "summary": "This Technical Note analyzes the insurance sector in Serbia. The Serbian insurance sector remains small and underdeveloped.",
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      "heading": "Summary and key findings",
      "content": "- This Technical Note analyzes the insurance sector in Serbia.\n- The Serbian insurance sector remains small and underdeveloped.\n- Over the last three years, the market experienced little growth in real terms mainly owing to:\n  - weak economic growth,\n  - fierce price competition among the growing number of players,\n  - premium payment difficulties in the industrial sector, which forced many corporate policyholders to cancel their insurance.\n- The paper highlights that the Serbian insurance sector is well capitalized relative to its overall net risk exposure."
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    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Insurance, Insurance companies, Insurance supervision, Solvency\n- Keywords: claims ratio, complaint hotline, CR, Europe, Insurance, Insurance companies, insurance premium, Insurance supervision, ISCR, MTPL insurer, NBS insurance regulation, NBS insurance supervision capability, reinsurance company, risk exposure, serbian insurance industry, Solvency\n\n---\n\n Content in this bundle\n\n- cr10154\n  - cr10154 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr10154 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 27, 2010",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455205707.002",
    "This Technical Note analyzes the insurance sector in Serbia.",
    "The Serbian insurance sector remains small and underdeveloped.",
    "Over the last three years, the market experienced little growth in real terms mainly owing to:",
    "The paper highlights that the Serbian insurance sector is well capitalized relative to its overall net risk exposure.",
    "Subject: Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Insurance, Insurance companies, Insurance supervision, Solvency",
    "Keywords: claims ratio, complaint hotline, CR, Europe, Insurance, Insurance companies, insurance premium, Insurance supervision, ISCR, MTPL insurer, NBS insurance regulation, NBS insurance supervision capability, reinsurance company, risk exposure, serbian insurance industry, Solvency",
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