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Albania
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Koncar, Electromontaj partner for 188 mln euro HPP overhaul deal
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OMV Petrom secures vegetable oil for green diesel
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Albanian insurers GWPs up 4.5% y/y in Jan-May

Jun 28, 2024, 10:18:30 AMArticle by Genta Hodo
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June 28 (SeeNews) - The gross written premiums (GWPs) of Albanian insurers increased 4.52% to 9.36 billion leks ($99.8 million/93.3 million euro) in the first five months, official figures showed.

Albanian insurers GWPs up 4.5% y/y in Jan-May
Photo: Andrea Piacquadio on Pexels

Gross written premiums from non-life insurance rose 3.31% on the year to 8.5 billion leks in the January-May period, the Albanian Financial Supervisory Authority (AFSA) said in a monthly release on Thursday.

The life insurance segment reported an increase of 19.3%, to 846.9 million leks.

Total gross claims paid increased by 29.32% on the year to 3.5 billion leks in the review period.

The statistics are based on data from eight insurance companies operating in Albania.

(1 euro = 100.3 Albanian leks)

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CORRECTED - Albania’s population falls 14.8% (not 14.5%) from 2011 to 2023 – census
CORRECTED - Albania’s population falls 14.8% (not 14.5%) from 2011 to 2023 – census
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