TIRANA, March 30/ATA/-In January-February 2021, revenues from gross written insurance premiums amounted to over ALL 2,824 million, or 6.31% more than in the same period a year earlier.
According to the Financial Supervision Authority (FSA), during the first two months of this year, the number of concluded insurance contracts reached 140,013 decreasing by 27.01% compared to the same period of 2020.
The market continued to be oriented towards Non-Life insurance which constituted 93.63% of the total volume of premiums, while the Life Insurance constituted 6.37%.
The gross written premiums of voluntary insurance occupy 43.89% and gross written premiums of compulsory insurance occupy 56.11% of the total market.
In January-February 2021, gross claims paid in the insurance market amounted to about ALL 1,396 million, or 20.16% less than in the same period of 2020. //a.i/
