TIRANA, Oct.12/ATA/ Data from the Financial Supervision Authority (FSA) show that, in the 8-month period 2021, voluntary insurance brought about 40.8% of gross written premiums to the non-life market, compared to 37.7% in 2020.
According to the report published by the Financial Supervision Authority (FSA), in January-August 2021 voluntary insurance premiums reached over 5 billion ALL, or 26.49% more than in the same period last year. The number of voluntary insurance contracts also increased by 15.31% compared to January-August 2020.
In the portfolios of property, responsibilities, guarantees which during January 2021 provided over 2,463 million ALL in total revenue, the first place was occupied by “fire and other property damage” with about 62.99%.
In the fire and natural forces insurance portfolio, in January-August 2021, there has been an increase of 44.13 % of the volume of gross written premiums of this portfolio, and an increase of 10.57 % of the number of insurance contracts, compared to the same period of the previous year.
Revenues from accident and health insurance, in January-August 2021, amounted to about ALL 828 million, marking a increase of 8.22% compared to January-August 2020.
In January-August 2021, Life Insurance Premiums reached about ALL 904 million, or 29.8% more than in the same period a year earlier. //a.i/
