Winner
Sources and updates
- Source
- ISA reports on insurance companies; solvency margin, not Solvency II
- Latest figures
- FY 2025, H1 2026
- Next update
- Jan–Sep 2026, around December 2026
Growth
Amounts are always in euros: this changes how growth is measured, nothing else.
How growth is measured →Fingerprint
Winner's line mix, and where it stands among the 16 insurers in North Macedonia on each measure, FY 2023.
Each bar runs from the weakest to the strongest of the insurers in North Macedonia with that figure in FY 2023; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.
Latest quarter
Premium and market share
Market share against the nearest rivals
By year
| Insurer | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Sava | 8.1% | 8.4% | 8.8% | 8.6% | 8.3% |
| Halk | 8.5% | 5.4% | 5.4% | 6.0% | 6.7% |
| Winner | 7.3% | 7.7% | 8.1% | — | — |
| Osiguritelna Polisa | 5.7% | 5.6% | 5.6% | 5.6% | 5.4% |
| GRAWE Non-life | 2.7% | 2.8% | 3.7% | 4.5% | 4.3% |
Lines and claims
Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.
All figures
Claims and costs over time
Solvency
Capital cover over time
DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers
Capital at year end
What the capital requirement covers
Capital cover
Profitability
Net profit by year
All figures
Profit and equity by year
Also in the VIG group
37 companies in 18 markets · €9.29bn premium, latest year
Also in Lithuania · €510mBulgaria · €364mLatvia · €254mSerbia · €169mCroatia · €167mEstonia · €110mAlbania · €55mSlovenia · €54mBosnia and Herzegovina · €52mMoldova · €21mKosovo* · €15mMontenegro · €14m
Ownership and events
Questions about Winner
Short answers from the figures on this page.
What is Winner's market share in North Macedonia?
Winner wrote €18.8m of premium in FY 2023, 8.1% of all premium in North Macedonia, ranking #5 of 16 insurers; its premium grew 18.0% on FY 2022 in MKD.
Who owns Winner?
Winner is part of the VIG group, which has 36 companies in all 18 markets on Polisa (FY 2025).
What does Winner sell?
Winner is a non-life insurer; its largest lines in FY 2023 are motor TPL (62.2% of its premium), property (15.4%) and casco (9.9%).
Is Winner well capitalised?
Winner's solvency margin was 402% at 31 December 2023: it covered its required solvency margin 4.0 times, against a median of 328% for the insurers in North Macedonia (local rules, not Solvency II).
Is Winner profitable?
Winner made a net profit of €0.036m in FY 2023, a return on equity of 0.5%; its non-life combined ratio was 110% after reinsurance.
Is Winner growing?
Winner's premium grew 18.0% in MKD in FY 2023, faster than the market in North Macedonia (+12.2%).
Sources for this page
Premium, lines, claims and solvency margin: ISA (Insurance Supervision Agency of North Macedonia), quarterly reports on insurance companies. How these numbers are built.
Spotted a wrong figure? Tell us and include the source.
CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse
Polisa compiles the figures; the original sources are named on this page and on the method page.
Polisa. (2026). Winner (North Macedonia): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/mk-winner
BibTeXShow entry
@misc{polisa_insurers_mk_winner_2026,
author = {{Polisa}},
title = {Winner (North Macedonia): premium, market share, lines, solvency and claims},
year = {2026},
version = {2026-11-11.13378f},
howpublished = {\url{https://polisapro.com/insurers/mk-winner}},
note = {Accessed 11 November 2026}
}Reuse: Polisa's compilation CC BY 4.0 · source data: ISA (no re-use terms published), MSE (personal non-commercial use only).