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Dunav osiguranje

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Dunav osiguranje
Native name
Dunav osiguranje / Дунав осигурање
Company typeJoint-stock company
BELEX: DNOS
IndustryFinance and Insurance
FoundedBelgrade, Serbia (June 30, 1963 (1963-06-30))
Headquarters,
Area served
Worldwide
Key people
Mirko Petrović (General director)
ServicesInsurance of property and life
RevenueIncrease 151.03 million (2015)[1]
Increase €3.06 million (2015)[1]
Total assetsIncrease €262.60 million (2015)[1]
Total equityIncrease €78.10 million (2015)[1]
Ownershareholders equity Government of Serbia (94.09%)
Komercijalna banka (0.62%)
Utma Comerc (0.41%)
AMS Osiguranje (0.35%)
Others
Number of employees
2,936[1]
SubsidiariesDunav Re
Dunav Penzije
Dunav osiguranje Banja Luka
Dunav auto
Dunav Stockbroker
Dunav turist
Websitewww.dunav.com

Dunav osiguranje (Serbian Cyrillic: Дунав осигурање а.д. Београд) is the largest insurance company on the Serbian insurance market, offering all types of insurance. Its head office is located in capital Belgrade.

History of the company

The first Serbian insurance institution, Belgrade Cooperative, was founded in 1897. In the early 20th century a few foreign insurance companies were founded, but commenced their operations with the start of the World War II.

After World War II, insurance passed into the domain of the state, due to the changes caused by the socialist revolution. The National Insurance and Reinsurance was established by merger of pre-insurance company Dunav, Elementar and Winershtedishe. Department had three basic functions: ensuring state and public property from fire and other risks, the implementation of all types of compulsory insurance and reinsurance. Through amendments to the Constitution and political conditions, premium rates have changed and conducted audits of insurance policies, and insurance was decentralized in 1968.

Following that decentralization, a total of 128 institutes and 7 insurance communities integrated into 11 insurance companies. Among them were the "Airport" and "Yugoslavia", which integrated in 1974, and thus way created the ground for the establishment of the insurance company Dunav since 1990. The Institute changed its name to "Joint Stock Company Insurance Danube" with unlimited liability, and then became Dunav osiguranje company as a central part of Danube Group, with several subsidiaries.

Dunav osiguranje today

Dunav osiguranje is a modern company, leader in the Serbian insurance market, and the only Serbian company registered in all types of insurance in the country. With 29 main branches and 600 outlets, Dunav osiguranje has a strong business network with constant improvement and business development closer to the standards of major European insurance companies. Dunav osiguranje company has seven subsidiaries:

  • Dunav Re [2] - reinsurance
  • Dunav penzije [3] - Pension Fund
  • Dunav auto [4] - sale and maintenance of motor vehicles, technical, ancillary activities in insurance
  • Dunav Stockbroker [5] - broker-dealer
  • Dunav banka a.d. Zvečan [6] - a bank based on Autonomous Province of Kosovo and Metohija
  • Dunav osiguranje Banja Luka [7] - an insurance company based in Republic of Srpska (Bosnia and Herzegovina)
  • Dunav tourist[8] - managing resort "Dunav" located in the center of Zlatibor. The resort is in the rank of four-star hotel. It has 24 rooms (Wi-Fi and IPTV), restaurant and bar, conference center, wellness and fitness center.

The Company’s Day is on May 31, when there is a ceremony for the stakeholders and the employees of the company. On this occasion, the company donates for different purposes especially in the area of health and education, in accordance with the concept of social responsibility.

References

  1. ^ a b c d e Основни подаци из годишњег финансијског извештаја за обвезника ревизије за 2015. годину (PDF).
  2. ^ Dunav RE
  3. ^ Dunav penzije
  4. ^ Dunav auto
  5. ^ Dunav Stockbroker
  6. ^ Dunav bank
  7. ^ Dunav osiguranje Banja Luka
  8. ^ Danube tourist

External sources