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	<title>premiums-life-insurance &#8211; Albanian  Telegraphic  Agency.</title>
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	<lastBuildDate>Mon, 14 Jun 2021 10:45:09 +0000</lastBuildDate>
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		<title>Life insurance market shows growth rates</title>
		<link>https://en.ata.gov.al/2021/06/14/life-insurance-market-shows-growth-rates/</link>
					<comments>https://en.ata.gov.al/2021/06/14/life-insurance-market-shows-growth-rates/#respond</comments>
		
		<dc:creator><![CDATA[Sonila Mehmeti]]></dc:creator>
		<pubDate>Mon, 14 Jun 2021 10:45:09 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Flash News]]></category>
		<category><![CDATA[News from Albania]]></category>
		<category><![CDATA[premiums-life-insurance]]></category>
		<guid isPermaLink="false">http://en.ata.gov.al/?p=151466</guid>

					<description><![CDATA[TIRANA, June 14 /ATA/ The life insurance market showed growth rates during the first 4 months of this year. According to Financial Supervisory Authority, in the period January-April 2021, life insurance premiums amounted to about ALL 392 million, or 19.99% more compared January–April 2020. Gross Written Insurance Premiums income during the period January-April 2021 amounted [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>TIRANA, June  14 /ATA/ The life insurance market showed growth rates during the first 4 months of this year.<br />
According to Financial Supervisory Authority, in the period January-April 2021, life insurance premiums amounted to about ALL 392 million, or 19.99% more compared January–April 2020.</p>
<p> Gross Written Insurance Premiums income during the period January-April 2021 amounted to over ALL 5,355 million, or 13.54% more compared to January-April 2020. In the period January–April 2021, the number of concluded insurance contracts reached 269,245 registering a decrease of 5.31% compared to January-April 2020.</p>
<p>The insurance market continued to be oriented towards non-life insurance, which brought 92.67% share of the total premium volume, leaving life insurance with 7.31% share of the total premium volume. Seen from the market segmentation perspective by the following insurance types: compulsory and voluntary, the voluntary insurance written premiums account for 45.16% and compulsory insurance written premiums account for 54.84% of the total market.</p>
<p>In the period January-April 2021, gross paid claims in insurance market amounted to about ALL 2,542 million, or 13.4% less compared to January-April 2020.</p>
<p>During the period January–April 2021, gross paid claims in the motoric insurance reached the value of ALL 1,382 million, with an increase around 58.87% compared with the same period one year before.<br />
Compulsory Motor insurance Premiums during the period January-April 2021 amounted to about ALL 2,936 million or 10.93% more compared to January-April 2020.<br />
 /j.p/sm/</p>
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