TIRANA, Oct. 22 /ATA/ – Albania’s insurance market grew by 1.9% year-on-year to 20.6 billion leks in the first nine months of 2026, according to data from the Financial Supervisory Authority (FSA).
Non-life insurance, which accounts for the largest share of the market, generated 18.8 billion leks in premiums, up 1.5% from the same period last year.
Within the segment, premiums from fire and natural disaster insurance fell by 14.4%, reducing their share of total non-life premiums to 8.6% from 10.2% a year earlier.
Health insurance premiums, by contrast, rose by 12.2% year-on-year.
Life insurance premiums increased by 6.8% in January-September. The segment remains heavily reliant on borrower life insurance linked to loans from financial institutions.
Borrower life insurance accounted for 84.1% of total life insurance premiums, up from 82.6% in the same period of 2025.
The data point to moderate overall growth in Albania’s insurance market, with performance varying across product categories.
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