During January – November 2018 the insurance market experienced an increase by 6.02% compared to January – November 2017. Gross insurance premiums amount to ALL 15,149,365 thousand, increasing by ALL 859,591 thousand.
The number of insurance policies reached 1,174,224 which indicate an increase 5.62 % compared to January – November 2017.
Gross insurance premiums in Non-Life insurance business reached the value of ALL 14,102,119 thousand, which indicate an increase by 6.61% compared with January – November 2017.
The number of Non-Life insurance policies reached 1,056,744 which are 8.09% more than January – November 2017.
During January – November 2018, the paid claims are in the amount of 6,175,358 thousand, or 24.03% more than January – November 2017.
In January – November 2018, there is a decrease of 358 in the number of paid claims, which reached the number of 40,119 paid claims. The Non-Life insurers paid 38,492 claims and Life insurers paid 1,627 claims.