TIRANA, Aug 22 /ATA/- The two devastating earthquakes that hit our country in 2019, causing 51 fatalities and economic damage estimated at almost 1 billion euros, seem to have increased the interest of citizens to secure their property.
According to the data published by the Financial Supervision Authority (FSA), in the portfolios of property, liabilities, guarantees which during the period January-June 2020 generated over ALL 1,491 million in total revenue, the insurance against fire and other damage to property come first accounting for about 64.32% of the total, followed by general liability insurance with 27.26% of the total.
In the period January-June 2020 the insurance Against Fire and Natural Forces portfolio registered an increase by 32.28% of gross written premium volume of this portfolio and an increase by 0.77% in the number of insurance contracts compared to January-June 2019.
In the period January-June 2020 Accident and Health Insurance income amounted to about ALL 577 million, marking a decrease of 15.99% compared to January-June 2019.
In the period January-June 2020 Life insurance premiums amounted to about ALL 490 million, or 19.76% less compared January-June 2019.
In the period January-June 2020 Voluntary Insurance Premiums amounted to about ALL 2,989 million, or 6.54% less compared to January-June 2019. The number of voluntary insurance contracts decreased by 40.15% compared to January-June 2019.
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