Dunav osiguranje reports mild revenue growth and low net profit in 2013

Dunav osiguranje yesterday unveiled an unrevised and non-consolidated business report saying that its business revenue in 2013 grew 4.2 percent from one year before, reaching RSD 16.94 billion (EUR 146.2 million).

The revenue from insurance and reinsurance premiums soared 7 percent to about RSD 16 billion (EUR 138 million).

Dunav osiguranje's business profit was at RSD 7.8 billion (EUR 67.1 million), whereas its net profit was very low, amounting to RSD 16 million. By the way, the Dunav osiguranje insurance company has nine subsidiaries in its group covering various fields - from tourism and private pension fund management to brokerage operations and banking.