TIRANA, Sept 4 /ATA/ The Insurance Geography 2020 represents in detail the distribution of gross written premiums, paid claims and the premiums per capita by prefecture
The indicator of insurance density has marked a decrease in 2020 versus the previous year.
Official statistics from Albanian Financial Supervisory Authority in the Insurance Geography report show that in 2020 this indicator was around ALL 5,866 per capita, with a decrease of around ALL 302 compared to the previous year.
The gross written premium geographical distribution shows that the insurance market is concentrated in the largest prefectures, such as Tirana by 59.24 % of the total gross written premium volume in 2020, Durres (7.41%), Fier (5.52%), Shkodra (4.62%), Vlora (4.61%) and Korca (4.52%). This concentration trend has continued over a period of 13 years, according FSA.
Regarding the premium per capita by prefecture, Tirana Prefecture ranks first with ALL 10,780 per capita, followed by Gjirokastra with ALL 5,465 per capita, Durres with ALL 4,2145 per capita, Vlora with 4,074 per capita and Shkodra with ALL 3,887 per capita.
This report includes detailed information of paid claims during the year 2020, according to the prefectures, enabling the comparison of these indicators year-over-year. Similar to the previous year the main share of paid claims belongs to the prefecture of Tirana (72.42%), followed by the prefecture of Durres (12.52%).
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