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	<title>Jan-Aug period &#8211; Albanian  Telegraphic  Agency.</title>
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		<title>Albania’s insurance market grows 9.5% in January-August period</title>
		<link>https://en.ata.gov.al/2025/10/10/albanias-insurance-market-grows-9-5-in-january-august-period/</link>
					<comments>https://en.ata.gov.al/2025/10/10/albanias-insurance-market-grows-9-5-in-january-august-period/#respond</comments>
		
		<dc:creator><![CDATA[Urim Shera]]></dc:creator>
		<pubDate>Fri, 10 Oct 2025 15:52:16 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Flash News]]></category>
		<category><![CDATA[News from Albania]]></category>
		<category><![CDATA[increase]]></category>
		<category><![CDATA[insurance market]]></category>
		<category><![CDATA[Jan-Aug period]]></category>
		<guid isPermaLink="false">https://en.ata.gov.al/?p=276458</guid>

					<description><![CDATA[TIRANA, Oct 10 /ATA/ &#8211; Albania’s insurance market grew by 9.5% year-on-year in the January–August 2025 period, driven by higher premiums and increased contract volumes, the Financial Supervisory Authority (FSA) said on Friday. Gross written premiums reached 17.9 billion leks, up 9.53% from the same period in 2024, the regulator said. The number of insurance [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>TIRANA, Oct 10 /ATA/ &#8211; Albania’s insurance market grew by 9.5% year-on-year in the January–August 2025 period, driven by higher premiums and increased contract volumes, the Financial Supervisory Authority (FSA) said on Friday.</p>
<p>Gross written premiums reached 17.9 billion leks, up 9.53% from the same period in 2024, the regulator said. The number of insurance contracts rose 6.1% year-on-year to 1,116,204.</p>
<p>Non-life insurance continued to dominate the market, accounting for 91.6% of total premiums, followed by life insurance with 8.4% and reinsurance with 0.03%.</p>
<p>Mandatory insurance made up 61.8% of the market, while voluntary policies represented 38.2%.</p>
<p>Gross claims paid amounted to 5.47 billion leks, down 2.3% from a year earlier, while claims in motor insurance rose 2.6% to 4.19 billion leks.</p>
<p>The Financial Supervisory Authority said the figures reflected a positive trend in insurance coverage and growing public and business confidence in the sector.</p>
<p>e.xh/j.p/u.sh/</p>
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