Representatives of the Republika Srpska Insurance Agency participated in the Republika Srpska Insurance Days 2025, organized by the Association of Insurance Companies of the Republika Srpska Chamber of Commerce.
The focus of this year’s conference is digitization, potential investments by companies in infrastructure projects, a new way of processing claims and a new way of communicating with clients.
Draženka Janjanin, director of the Insurance Agency of the Republic of Srpska, gave an introductory presentation on the topic: Insurance sector market in Republika Srpska – current situation and trends, which opened the professional part of the Conference. Director Janjanin presented key indicators of the insurance market, premium growth, new product development and digital transformation processes in the insurance sector.
She recalled the basic role of the Republika Srpska Insurance Agency, which is the protection of policyholders, users of insurance services and third party victims, as well as the fact that only financially capable and solvent insurance companies can meet these conditions. She drew attention to the importance of the role of persons who perform insurance sales, that in accordance with legal and ethical rules, they should respond to the insurance needs of citizens and business entities.
The conference included several important panel discussions, with a focus on the current challenges that insurance companies face.
Participating in the conference, as part of the panel “Investment potential and the possibility of investing in insurance companies”, Mr. Mladen Jovanović, Head of the Actuarial Supervision Sector, during which he presented the structure and investment trends of insurance companies in the Republic of Srpska.
Pointed out the changes brought by the Solvency II regulation regarding the freedom to invest funds, investment risk management and the connection with the capital of insurance companies, and pointed out the possibilities of increasing the investment potential and the direction of diversification within the framework of existing regulatory restrictions.