Motor third party liability insurance results of insurance companies for 2014 in Serbia

Abstract

The motor third party liability insurance represents the largest portion of the non life insurance in our country as well as in the neighbouring area and majority of the countries in the world market. The contributing factors are the fact that the number of motor vehicles grows constantly and that the motor third party liability insurance is mandatory for the owners almost in the whole world. This paper shows the annual business results of this type of insurance which largely influence the total results of the non life insurance market.
This papaer also analyzes the achieved results of the motor third party liability insurance in the Republic of Serbia. Depending on the availability of the data the results refer to single Insurance Company which can be used for the analysis of the market in total as well as for the comparative analysis of the Insurance Companies’ results