The Albania Financial Services Authority published insurance market statistics for January to November 2025 showing gross written premiums of ALL 24.254bn, up 10.17% year on year, and 1,506,529 insurance contracts, up 4.69%. Non-life insurance accounted for 91.54% of premiums, life insurance 8.43% and reinsurance 0.028%, while compulsory insurance represented 62.42% of total premiums. Gross claims paid totalled around ALL 7.488bn, down 3.61% versus the same period in 2024, with motor insurance contributing about ALL 5.716bn or 76.33% of the total; paid-claims figures include Compensation Fund claims reported by the Albanian Insurance Bureau. Compulsory motor insurance premiums reached about ALL 15.139bn, up 12.40%, with domestic MTPL premiums up 13.48% and contracts up 7.06%, Green Card premiums up 9.09% with contracts down 2.14%, and border insurance premiums down 1.36% with contracts down 1.76%. Voluntary insurance premiums were about ALL 9.115bn, up 6.65%, with voluntary non-life premiums up 4.86%; within property, liabilities and guarantees (over ALL 3.791bn), fire and other property damage made up 66.86% and general liability 23.20%. Life insurance premiums totalled about ALL 2.045bn, up 13.41%, and accident and health premiums were around ALL 1.297bn, up 3.53%; average paid motor claims were ALL 160,000 for domestic MTPL, ALL 584,000 for Green Card and ALL 117,000 for casco.
Albania Financial Services Authority reports gross written insurance premiums up 10.17% to ALL 24.254bn in January to November 2025
The Albania Financial Services Authority reported a 10.17% increase in gross written premiums to ALL 24.254bn for January to November 2025, with non-life insurance comprising 91.54% of premiums. Gross claims paid decreased by 3.61% to ALL 7.488bn, with motor insurance accounting for 76.33% of claims. Compulsory motor insurance premiums rose by 12.40% to ALL 15.139bn, while voluntary insurance premiums increased by 6.65% to ALL 9.115bn.