[Article]Albanian insurers' end-March gross written premiums up 2.58%

The gross written premiums of Albanian insurers totaled 3.55 billion leks ($33.3 million/27.5 million euro) at the end of March, up 2.58% on the year, official figures showed. Gross written premiums from non-life insurance rose 3.54% year-on-year to 3.3 billion leks in the January-March period, while the life insurance segment earned premiums of 241.54 million leks, down 4.43% from the prior-year level, according to figures published on the website of the Albanian Financial Supervisory Authority (AFSA) last week. Total gross claims paid decreased to 1.15 billion leks at end-March from 1.47 billion leks in the same period a year earlier. The statistics comprises data for eight insurance companies operating in Albania.

Source: Scan TV 

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