premiums – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Sat, 03 Oct 2026 11:49:49 +0000 en-US hourly 1 Albania insurance market grows in eight months, claims payments reach 6 billion leks https://en.ata.gov.al/2026/10/03/albania-insurance-market-grows-in-eight-months-claims-payments-reach-6-billion-leks/ https://en.ata.gov.al/2026/10/03/albania-insurance-market-grows-in-eight-months-claims-payments-reach-6-billion-leks/#respond Sat, 03 Oct 2026 11:49:49 +0000 https://en.ata.gov.al/?p=308321 TIRANA, Oct. 3 /ATA/ – Albania’s insurance market continued to grow in the first eight months of 2026, with higher premiums, more insurance contracts and an increase in claims payments, data from the Financial Supervisory Authority (AMF) showed.

Insurers collected about 18.34 billion leks in premiums from January to August, up 2.44% from the same period a year earlier. Claims payments rose 9.04% to about 5.96 billion leks.

The number of insurance contracts increased 6.14%, while the number of claims paid rose 6.39%.

Motor insurance remained the largest segment, accounting for 68.78% of the non-life market. Compulsory motor insurance premiums reached about 11.52 billion leks, up 4.01%, while claims payments rose 9.16% to 3.88 billion leks.

Voluntary insurance claims payments increased 14.15% to about 1.64 billion leks, while premiums reached 5.23 billion leks.

Life insurance premiums rose 6.19% to about 1.60 billion leks, while claims payments increased 14.71% to around 260 million leks.

AMF said market growth was driven by motor, health and accident insurance, as well as insurance products linked to lending.

Claims activity remained broadly stable in recent months, both in terms of payments and the number of cases, the regulator said.

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]]> https://en.ata.gov.al/2026/10/03/albania-insurance-market-grows-in-eight-months-claims-payments-reach-6-billion-leks/feed/ 0 Compulsory motor insurance premiums increase 12.8% in Q1, 2025 https://en.ata.gov.al/2025/05/09/compulsory-motor-insurance-premiums-increase-12-8-in-q1-2025/ https://en.ata.gov.al/2025/05/09/compulsory-motor-insurance-premiums-increase-12-8-in-q1-2025/#respond Fri, 09 May 2025 17:32:38 +0000 https://en.ata.gov.al/?p=263469 TIRANA, May 9 /ATA/ – Gross Written Insurance Premiums revenue from the mandatory motor insurance amounted to 3.38 billion lek in the first quarter of 2025, recording an increase of 12.8% compared to the same period of the previous year, according to data from the Financial Supervision Authority (FSA).

The domestic MTPL insurance premiums rose 12. in gross written premium volume, accompanied by a 6.17% increase in the number of contracts compared to the same period of the previous year.

The green card insurance premiums in the first quarter of 2025 saw an increase of 9.23% in gross written premium volume, with the number of contracts increasing by 19.79% compared to January–March 2024.

Border insurance premiums registered an increase of 0.51% in gross written premium volume compared to January–March 2024, while the number of contracts decreased by 1.10%.

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]]> https://en.ata.gov.al/2025/05/09/compulsory-motor-insurance-premiums-increase-12-8-in-q1-2025/feed/ 0 Compulsory motor insurance written premiums amount to around 2.3 billion lek in first two months https://en.ata.gov.al/2025/04/03/compulsory-motor-insurance-written-premiums-amount-to-around-2-3-billion-lek-in-first-two-months/ https://en.ata.gov.al/2025/04/03/compulsory-motor-insurance-written-premiums-amount-to-around-2-3-billion-lek-in-first-two-months/#respond Thu, 03 Apr 2025 17:36:03 +0000 https://en.ata.gov.al/?p=260344 TIRANA, April 3 /ATA/ – The compulsory motor insurance premiums rose 12.19% year-on-year to about 2.3 billion lek between January to February 2025, according to Albanian Financial Supervisory Authority (AFSA).

AFSA data show the Domestic MTPL Insurance Premiums recorded an increase by 12.48% of the gross written premium volume in the reviewed period.

The number of insurance contracts in the first two months of 2025 also increased 5.57% compared with the same period of the previous year.

Green Card Insurance Premiums in January through February 2025 registered an increase by 11.17% of the gross written premium volume. The number of contracts also increased by 23.95% compared with the same period of 2024.

Border Insurance Premiums registered an increase by 6.11% of the gross written premium volume compared with same period of 2024, while number of contracts rose 6.42%.

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]]> https://en.ata.gov.al/2025/04/03/compulsory-motor-insurance-written-premiums-amount-to-around-2-3-billion-lek-in-first-two-months/feed/ 0 Life written insurance premiums up by 16.5 % in first four months of 2024 https://en.ata.gov.al/2024/05/30/life-written-insurance-premiums-up-by-16-5-in-first-four-months-of-2024/ https://en.ata.gov.al/2024/05/30/life-written-insurance-premiums-up-by-16-5-in-first-four-months-of-2024/#respond Thu, 30 May 2024 19:53:35 +0000 https://en.ata.gov.al/?p=236121 TIRANA, May 30 /ATA/ –  The voluntary insurance written premiums fell 5.15% year-on-year to around 3 billion lek  in the first four months of 2024, data from the Financial Supervision Authority showed on Thursday.

According to the latest Financial Supervisory Authority, despite the decline in insurance written premiums, the number of the voluntary insurance contracts rose by 2.31% compared to the same period of 2023.

The life insurance premiums increased during the reviewed period between January and April 2024.

The life insurance premiums amounted to over 660 million lek up by 16.49% compared to the same period of the previous year.

The non-life insurance premiums decreased by 9.94% in the first four months of this year.

Fire and other property damage insurance dominated the property, liability and guarantee portfolio with a total of over 1.2 billion lek, up by 66.21%, followed by general responsibility with 24.30% of the total.

The fire and force majeure insurance portfolio decreased 34.55% in the volume of gross written premiums during the first four months of 2024, whereas number insurance contracts under this portfolio increased by 3.86 % compared to the same period of 2023.

Income from accident and health insurance contracts amounted to about 509 million lek, up by 20.54% compared to January-April 2023.

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]]> https://en.ata.gov.al/2024/05/30/life-written-insurance-premiums-up-by-16-5-in-first-four-months-of-2024/feed/ 0 Voluntary insurance written premiums up by 12.03% in 2023 https://en.ata.gov.al/2024/02/02/voluntary-insurance-written-premiums-up-by-12-03-in-2023/ https://en.ata.gov.al/2024/02/02/voluntary-insurance-written-premiums-up-by-12-03-in-2023/#respond Fri, 02 Feb 2024 17:33:33 +0000 https://en.ata.gov.al/?p=226465 TIRANA, Feb 2 /ATA/ – The voluntary insurance written premiums rose 12.03% year-on-year to around 8.9 billion lek  in 2023, data from the Financial Supervision Authority showed on Friday.

According to the Financial Supervisory Authority, the number of the voluntary insurance contracts slightly by 0.01% compared to 2022.

The non-life insurance premiums increased 13.16% year-on-year in 2023.

Fire and other property damage insurance dominated the property, liability and guarantee portfolio with a total of over 3.8 billion lek, up by 64.40%, followed by general responsibility with 25.90% of the total.

The fire and force majeure insurance portfolio rose 15.73% in the volume of gross written premiums during 2023, whereas number insurance contracts under this portfolio increased by 7.79 % compared to 2022.

Income from accident and health insurance contracts amounted to about 1,3 billion lek, down by 1.04% compared to 2022.

The life insurance premiums amounted to over 1.8 billion lek, up by 10.31% compared to the same period of the previous year.

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]]> https://en.ata.gov.al/2024/02/02/voluntary-insurance-written-premiums-up-by-12-03-in-2023/feed/ 0 Compulsory motor insurance written premiums up by 6.94% in 2023 https://en.ata.gov.al/2024/01/31/compulsory-motor-insurance-written-premiums-up-by-6-94-in-2023/ https://en.ata.gov.al/2024/01/31/compulsory-motor-insurance-written-premiums-up-by-6-94-in-2023/#respond Wed, 31 Jan 2024 16:19:56 +0000 https://en.ata.gov.al/?p=226253 TIRANA, Jan 31 /ATA/ – The compulsory motor insurance premiums rose 6.94% year-on-year to about 13.9 billion lek in 2023.

Data from the Albanian Financial Supervisory Authority (AFSA) show that the Domestic MTPL Insurance Premiums recorded an increase by 8.20% of the gross written premium volume in 2023.

The number of contracts increased by 9.21% compared with 2022.

Green Card Insurance Premiums registered an increase by 1.16% of the gross written premium volume. The number of contracts increased by 38.10% compared with last year.

Border Insurance Premiums registered an increase by 1.11% of the gross written premium volume compared with 2022

The number of contracts increased by 11.58% .

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