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Life insurance prospects in Serbia. Belgrade, October 8, 2009. What are the prospects of life insurance services in Serbia ?. The most underdeveloped in this area. Source: DDOR Novi Sad. Balkan area map with GPW per capita 2008 per region. NL 169 EUR L 181 EUR. NL 91 EUR
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Life insurance prospects in Serbia Belgrade, October 8, 2009
What are the prospects of life insurance services in Serbia? • The most underdeveloped in this area Source: DDOR Novi Sad
Balkan area map with GPW per capita 2008 per region NL 169 EUR L 181 EUR NL 91 EUR L 22 EUR NL 219 EUR L 81 EUR NL 43 EUR L 13 EUR NL 76 EUR L 10 EUR NL 103 EUR L 18 EUR Source: Source: Insurance Development Fund
Household savings distribution Serbia – euro zone Source: Source: Insurance Development Fund
Household savings distribution Serbia – euro zone - graphic Source: Insurance Development Fund
Two basic sub lines of Life Business • Insurance of risks • Insurance of savings Source: DDOR Novi Sad
Risk insurance - possible products • Death • Disability (partial/total, accident/illness, permanent/temporary) • Dread diseases • Long Term Care • Permanent Health Insurance Source: DDOR Novi Sad
Basic factors we need for all of them: • To make aware the population • Insurance know how (in the companies and in the supervisory authority) • Distribution Channel Source: DDOR Novi Sad
Possible Saving products • Unit Linked • Index Linked • Universal Life Source: DDOR Novi Sad