INVESTMENTS OF SERBIAN INSURANCE COMPANIES

In many countries insurance investments make a significant contribution to economic development. This particularly applies to life business. Generally speaking, insurance companies primarily focus on security of investments, and then on yield level. After the Insurance Law was enacted in 2004, the investments in Serbia have been getting considerably more attention. The limitations accompanying the insurance investments in Serbia primarily refer to an extremely poor choice of types of investable property. Besides the state, there also should be far more other issuers of securities, such as companies. The paper also presents a comparison of insurance investments in the surrounding countries. In order to overcome the still very narrow possibilities of investing in Serbia, it is necessary to ensure a far greater development and diversity of both insurance and the financial market.