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Mar 01, 2022 17:43 EEST
March 1 (SeeNews) - The gross written premiums of Albanian insurers decreased by 5.16% year-on-year in January, reaching 1.4 billion leks ($13.0 million/11.6 million euro), official figures show.
Gross written premiums from non-life insurance fell by 6.33% to 1.3 billion leks in January, while the life insurance segment earned premiums of 105.3 million leks, up 11.54%, according to figures published by the Albanian Financial Supervisory Authority (AFSA) last week.
Total gross claims paid fell to 387.5 million leks in the review period from 540.7 million leks in January 2021.
In 2021, the insurers' gross written premiums increased by 16% compared with 2020, to 19.3 billion leks.
The statistics comprises data from eight insurance companies operating in Albania.
(1 euro = 119.575 leks)
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