Main features January-March 2018

  • Main features
  • During January-March 2018 the insurance market experienced an increase by 2.53% compared to January-March 2017. Gross insurance premiums amount to ALL 3,552,332 thousand, increasing by ALL 87,605 thousand
  • The number of insurance policies reached 261,173 which indicate an decrease 4.58% compared to January-March 2017.
  • Gross insurance premiums in Non-Life insurance business reached the value of ALL 3,306,339 thousand, which indicate an increase by 3.54% compared with January-March 2017.
  • The number of Non-Life insurance policies reached 231,090 which are 5.49% more than January-March 2017.
  • Gross insurance premiums in Life insurance business reached the value of ALL 241,547 thousand, which indicate an decrease 4.43% compared to January-March 2017.
  • The number of Life insurance policies reached 30,074 which indicate an increase by 5.54% compared to January-March 2017.
  • During January-March 2018, the paid claims are in the amount of 1,153,340 thousand, or 22.03% less than January-March 2017.
  • In January-March 2018, there is an decrease of 1,104 in the number of paid claims, which reached the number of 10,516 paid claims. The Non-Life insurers paid 10,516 claims and Life insurers paid 459 claims.