TIRANA, June 30 /ATA/ – Gross Written Insurance Premiums income in first five months of 2022 amounted to over 3,337 million, or up by 9.6 % compared to the same period between January through May 2021, according to data from the Financial Supervision Authority (FSA).
Number of the voluntary insurance contracts also increased by 38.72% compared to the same period of the previous year.
According to FSA, life insurance premiums amounted to about 583 million lek during January through May period, up by 18.11% compared to the same period of the previous year.
The insurance market continued to be oriented towards non-life insurance premiums that rose 7.58% year-on-year during the first five months.
The property, liability and guarantee portfolios provided over 1.593 million lek in income, with fire and other property damages ranking first and with about 70.73%, followed by general liability insurance with 21.51% of the total.
Accident and health insurance income amounted to about 601 million lek, registering an increase of 14.26% compared to the same period of 2021.
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