January 26 (SeeNews) - The gross written premiums of Albanian insurers increased by 16% year-on-year in 2021, reaching 19.3 billion leks ($178.3 million/157.8 million euro), official figures showed on Wednesday.
Gross written premiums from non-life insurance added 15% on the year to 17.8 billion leks in 2021, while the life insurance segment earned premiums of 1.43 million leks, up 23%, according to figures published by the Albanian Financial Supervisory Authority (AFSA).
Total gross claims paid fell to 6.7 billion leks in the review period from 7.5 billion leks a year earlier.
The statistics comprise data for eight insurance companies operating in Albania.
(1 euro = 119.872 leks)