Main features January-February 2018

Main features

  • During January-February 2018 the insurance market experienced an decrease by 0.10% compared to January-February 2017. Gross insurance premiums amount to ALL 2,336,956 thousand, decreasing by ALL 2,249 thousand.
  • The number of insurance policies reached 168,054 which indicate an increase 3.17% compared to January-February 2017.
  • Gross insurance premiums in Non-Life insurance business reached the value of ALL 2,174,652 thousand, which indicate an increase by 0.19% compared with January-February 2017.
  • The number of Non-Life insurance policies reached 149,403 which are 2.96% more than January-February 2017.
  • Gross insurance premiums in Life insurance business reached the value of ALL 157,858 thousand, which indicate a decrease by 6.46% compared to January-February 2017.
  • The number of Life insurance policies reached 18,642 which indicate an increase by 4.82% compared to the same period of 2017.
  • During January-February 2018, the paid claims are in the amount of 766,317 thousand, or 13.29% less than January-February 2017.
  • During January-February 2018, there is a increase of 11 in the number of paid claims, which reached the number of 6,870 paid claims. The Non-Life insurers paid 6,529 claims and Life insurers paid 341 claims.