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Wiener Städtische

VIG groupSerbiawiener.co.rs ↗#4 of 16 in Serbia, FY 2025
Updated 11 Nov 2026
Sources and updates
Source
premium and claims tables of the National Bank of Serbia; solvency margin where insurers publish it
Latest figures
FY 2025, H1 2026
Next update
Jan–Sep 2026, around November 2026

Sources for SerbiaWhat changed

Compare with nearest rivals →Compare →
Share
Premium
€169m
10.3% of Serbia
Growth
+1.7%
FY 2025 vs 2024, in RSD · market +8.0%
Life share
28%
of own premium
Capital cover
172%
Solvency margin · €41m held vs €24m required
Claims and costs
≈96%
combined ratio after reinsurance, estimated · gross 72% · market 91%
In shortNumber 4 of 16 in Serbia with 10.3% of premium, growing slower than the market. Strongest in Credit & surety, with 29.0% of the line. Its non-life business made money on underwriting, with a combined ratio of about 96% after reinsurance against 91% for the market; before reinsurance it was 72%. It paid €107m in claims, €63 for every €100 of its premium. It covers its required solvency margin 1.7 times.

Latest resultsH1 2026, year to date: €91m of premium, +9.9% on H1 2025 (market +6.9%); share 10.3% (+0.3 pp), #4 of 16. More

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Wiener Städtische's line mix, and where it stands among the 16 insurers in Serbia on each measure, FY 2025.

Line mix
Life28%
Health16%
Property15%
Casco14%
Motor TPL9%
Other non-life5%
Credit & surety5%
Liability4%
Accident3%
Size#4 of 16 by premium
€169m
larger than 80%median €63m
GrowthFY 2025 against 2024, in RSD
+1.7%
ahead of 20%median +9.8%
Claims and costsnon-life combined ratio, after reinsurance, estimated
≈96%
better than 50%median ≈96%
Capital coverlocal solvency margin
172%
ahead of 47%median 195%
Return on equitynet profit ÷ average equity
27.5%
ahead of 100%median 17.3%

Each bar runs from the weakest to the strongest of the insurers in Serbia with that figure in FY 2025; 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.

Premium and market share

Market share against the nearest rivals

By year

Insurer20212022202320242025
Dunav osiguranje26.4%26.3%25.9%26.0%26.1%
Generali Osiguranje Srbija19.6%18.6%18.7%17.8%18.5%
DDOR Novi Sad11.7%11.4%10.9%11.1%10.5%
Wiener Städtische11.3%11.7%11.3%11.0%10.3%
GRAWE Osiguranje4.0%4.0%4.0%3.9%4.0%

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

Solvency

DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers

Capital at year end

Capital cover

    Also in the VIG group

    36 companies in 18 markets · €9.28bn premium, latest year

    All 36 on the VIG page →

    Also in Bulgaria · €364mLatvia · €254mCroatia · €167mEstonia · €110mAlbania · €55mSlovenia · €54mBosnia and Herzegovina · €52mNorth Macedonia · €47mMoldova · €21mKosovo* · €15mMontenegro · €14m

    Company details

    Website
    wiener.co.rs
    Employees
    1,186 (2025; 1,130 in 2022, 1,156 in 2023, 1,124 in 2024)
    Premium per employee
    €143k (FY 2025; median for composite insurers in Serbia: €143k; all insurers)

    Website from the company's own reports or the supervisor's register, checked 20 Oct 2026.

    Questions about Wiener Städtische

    Short answers from the figures on this page.

    What is Wiener Städtische's market share in Serbia?

    Wiener Städtische wrote €169m of premium in FY 2025, 10.3% of all premium in Serbia, ranking #4 of 16 insurers; its premium grew 1.7% on FY 2024 in RSD.

    Who owns Wiener Städtische?

    Wiener Städtische is part of the VIG group, which has 36 companies in all 18 markets on Polisa (FY 2025).

    What does Wiener Städtische sell?

    Wiener Städtische is a composite insurer; its largest lines in FY 2025 are life insurance (28.4% of its premium), health (15.8%) and property (14.9%).

    Is Wiener Städtische well capitalised?

    Wiener Städtische's solvency margin was 172% at 31 December 2025: it covered its required solvency margin 1.7 times, against a median of 195% for the insurers in Serbia (local rules, not Solvency II).

    Is Wiener Städtische profitable?

    Wiener Städtische made a net profit of €14.7m in FY 2025, a return on equity of 27.5%; its non-life combined ratio was ≈96% after reinsurance.

    Is Wiener Städtische growing?

    Wiener Städtische's premium grew 1.7% in RSD in FY 2025, slower than the market in Serbia (+8.0%).

    Sources for this page

    Premium and claims: National Bank of Serbia, quarterly tables T1, T3 and T10–T12 and the insurers' financial statements. The tables are linked under Sources by market; their figures are not changed, and Polisa's calculations are its own. Solvency margin: the insurer's annual report, where published. 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.

    APA

    Polisa. (2026). Wiener Städtische (Serbia): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/rs-wiener-stadtische

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_rs_wiener_stadtische_2026,
      author       = {{Polisa}},
      title        = {Wiener Städtische (Serbia): premium, market share, lines, solvency and claims},
      year         = {2026},
      version      = {2026-11-11.13378f},
      howpublished = {\url{https://polisapro.com/insurers/rs-wiener-stadtische}},
      note         = {Accessed 11 November 2026}
    }

    Reuse: Polisa's compilation CC BY 4.0 · source data: NBS (written consent for non-commercial use (5 Nov 2026)), APR (personal non-commercial use only).