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Illustrated portrait of Serbia; geographic and cultural interpretation, not regulator premises.
← The regulatory atlasCOUNTRY PERSPECTIVE / Serbia

Central-bank supervision

SerbiaNBS

Insurance supervision in Serbia.

AI-generated country illustrationSources checked

01 / The institution

NBS

The National Bank of Serbia supervises insurance under the insurance law alongside its central-bank mandate.

How it is structured

Central-bank supervision

Institutional source ↗

The legal foundations

Mandate, written into law.

Establishing legislation and the rules governing insurance may be different instruments.

02 / Market signals

The numbers, with context.

Figures retain the reporting period and accounting basis of their source. They are snapshots, not live indicators or directly comparable country rankings.

1 January–31 March 2026RSD 50.2bn

First-quarter premiums

Up 11.6% against Q1 2025.

Page 5 ↗
1 January–31 March 202617.1%

Life share of premiums

Unchanged from the comparable 2025 quarter.

Page 5 ↗

Insurance penetration. A current premium-to-GDP ratio has not been independently verified for this profile. No estimate is substituted.

03 / The report notebook

A dated view of the market.

What we noted in the regulator’s publications. Each entry separates the period covered, publication date when known, and our review date.

ReviewedNOTE 01

1 January–31 March 2026 · Published

Insurance Sector in Serbia — First Quarter Report 2026 ↗

Market structure and premium sections of the latest listed quarterly report reviewed. Quarter figures are not annualised.

Top-five premium share

73.4%

The five largest insurance undertakings accounted for nearly three quarters of total premiums.

Insurance Sector in Serbia — First Quarter Report 2026Page 5 · Country illustration
Read the original publication ↗

04 / Official contacts

Reach the institution.

Public institutional channels, checked 17 September 2026.

Research trail

Sources you can follow.

Independent editorial research by Insurers Global. Source dates do not certify that a law includes every subsequent amendment.

  1. INSURANCE LAW ↗Checked
  2. Institutional website — contact route ↗Checked
  3. Insurance Sector in Serbia — First Quarter Report 2026 ↗Checked

Country scenes are AI-generated illustrations made with OpenAI image tools, not official regulator photographs or endorsements. Quotations remain searchable text. Report figures and directory verification are maintained separately.