MTPL Insurance results in Serbia in 2016


Motor third party liability insurance being the most wide spread type of compulsory traffic insurance holds the first place by scope and structure of the business of all types of non-life insurance. Due to its compulsory character and the need to best protect the interest of a large number of victims as insurance users and also motor vehicle owners as the insured, besides scientific and professional public it also causes interest of wider social media.
This paper analysis achieved business results in total and by Insurance Companies that conduits the motor third party liability insurance in the Republic of Serbia in 2016. It displays the scope of business indicating number of insurance, amount of gross premium, number and amount of paid and reserved claims and technical reserves, ratios, technical results and profit or loss.
The analysis of achieved results in motor third party liability insurance aims to review the sufficiency of the premium system to cover the claims and other obligations pursuant to the law in total and by Insurance Companies that may in certain elements be used for comparison purposes.