Dunav osiguranje

Dunav osiguranje

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Native name	Dunav osiguranje / Дунав осигурање
Type	Joint-stock company
Traded as	BELEX: DNOS
Industry	Finance and Insurance
Founded	Belgrade, Serbia (June 30, 1963 (1963-06-30))
Headquarters	Belgrade, Serbia
Area served	Worldwide
Key people	Mirko Petrović (General director)
Services	Insurance of property and life
Revenue	€177.99 million (2013)
Net income	€0.14 million (2013)
Total assets	€254.35 million (2013)
Total equity	€84.10 million (2013)
Owner	Government of Serbia (94.09%) Komercijalna banka (0.62%) Utma Comerc (0.41%) AMS Osiguranje (0.35%) Others
Number of employees	2,997
Subsidiaries	Dunav Re Dunav Penzije Dunav osiguranje Banja Luka Dunav auto Dunav Stockbroker Dunav turist
Website	www.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 - reinsurance
• Dunav penzije - Pension Fund
• Dunav auto - sale and maintenance of motor vehicles, technical, ancillary activities in insurance
• Dunav Stockbroker - broker-dealer
• Dunav banka a.d. Zvečan - a bank based on Autonomous Province of Kosovo and Metohija
• Dunav osiguranje Banja Luka - an insurance company based in Republic of Srpska (Bosnia and Herzegovina)
• Dunav tourist - 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.

Gallery

• Dunav kanc.jpg

  Office

• Dunav zgrada.jpg

  Dunav osiguranje, Makedonska 4

• Mihailo u kancelariji.jpg

  Office, Makedonska 4.

External sources

• History of company
• About company
• BELEX Informator
• Report 2013