Kosovo
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Kosovo 1H2024 Market Portfolio
Kosovo 1Q2024 Market Portfolio
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STATISTICS: KOSOVO, 1H2024: significantly higher profitability
Kosovar insurers wrote gross premiums worth EUR 82 million in the first half of 2024, 16.78% more y-o-y. Paid claims reached EUR 35 million, decreasing by 3.3% y-o-y.
18 September 2024STATISTICS: Kosovo insurers Q1 2024 profit increased to EUR 3.9 million
The insurance market of Kosovo totaled EUR 41.6 million at the end of Q1 2024, 22.3% more y-o-y, according to data provided by the Central Bank (CBK).
11 June 2024STATISTICS: SAVA is the biggest insurers in Kosovo in 2023
The insurers owned by Slovene insurance group SAVA and Austrian UNIQA are, in terms of FY2023 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2023 Annual Report.
9 April 2024STATISTICS: Kosovo insurers 2023 profits more than tripled to EUR 10.7 million
The GWP of Kosovo insurers increased by over 9% y-o-y to EUR 146.50 million during January-December 2023 while total gross claims paid increased by 11.5% y-o-y to EUR 71.70 million, according to the official monthly figures published on the website of the Central Bank of Kosovo showed.
26 February 2024KOSOVO: insurers’ aggregated net profit for 2023 increased tenfold compared to 2022
According to the Central Bank of the Republic of Kosovo (BQK), Kosovar insurers wrote gross premiums worth EUR 146.4 million, which is 9.2% more y-o-y. At the same, the aggregated net profit reached EUR 13.3 million in 2023, as compared with EUR 1.3 million the previous year.
31 January 2024STATISTICS: Kosovo insurers’ Q3 profits tripled to EUR 9.4 million
Kosovo 12th active insurers posted 3Q 2023 Gross written premiums (GWPs) worth EUR 110.1 million, from EUR 98.2 million at the end of September 2022, central bank data showed.
6 November 2023STATISTICS: Kosovo H1 insurers' profits more than doubled to almost EUR 6 million
Kosovo's active 12 insurers reported an aggregate net profit of EUR 5.9 million at the end of June 2023 vs. EUR 2.5 million a year before, according to data provided by the Central Bank (CBK). At the same time, the total insurers' assets increased to EUR 294.2 million, from EUR 253.6 million a year earlier.
18 September 2023KOSOVO: by the end of May insurers recorded rise in GWP, net profit and assets
By the end of May total GWP, generated by the insurance companies operating in Kosovo, increased by 15% y-oy- to EUR 34.2 million, SeeNews reports citing the Central bank data.
6 July 2023STATISTICS: Kosovo insurers Q1 profit increased to EUR 2.3 million
The insurance market of Kosovo totaled EUR 34.2 million at the end of Q1 2023, 14.8% more y-o-y, according to data provided by the Central Bank (CBK).
31 May 2023KOSOVO: in January-February the insurance sector expanded by 11% y-o-y
In January-February 2023, total GWP of insurance companies operating in Kosovo increased by 11.1% y-o-y to EUR 21.9 million, SeeNews reports citing the Central bank data.
6 April 2023STATISTICS: Kosovo insurers YE2022 net profits decreased to EUR 3.5 million
The GWP of Kosovo insurers increased by 14.14% y-o-y to EUR 134.00 million during January-December 2022 while total gross claims paid increased by 5.41% y-o-y to EUR 64.30 million, as official monthly figures published on the website of the Central Bank showed.
15 March 2023STATISTICS: Kosovo insurers posted 3Q2022 net profits worth EUR 5.5 million
The GWP of Kosovo insurers increased by 11.3% y-o-y to EUR 98.3 million during January-September 2022 while total gross claims paid increased by 2.2% y-o-y to EUR 46.6 million, as official monthly figures published on the website of the Central Bank showed.
24 November 2022STATISTICS: KOSOVO 1Q2022: half-year insurers' profits increased by EUR 1 million to EUR 2.5 million
Kosovo's active 12 insurers reported an aggregate net profit of EUR 2.5 million at the end of June 2022 vs. EUR 1.5 million a year before, according to data provided by the Central Bank (CBK). At the same time, the total insurers' assets increased to EUR 253.6 million, from EUR 230 million a year earlier.
25 August 2022KOSOVO: in the first five months, the market expanded by 15% y-o-y
From January to May this year, GWP of insurance companies operating in Kosovo increased by 15.1% y-o-y to EUR 48.7 million, SeeNews wrote with reference to the central bank data.
30 June 2022STATISTICS: Kosovo insurers posted Q1 profit of EUR 0.4 m, after a net loss of over half million euro a year before
The insurance market of Kosovo totaled EUR 29.8 million at the end of Q1 2022, 16.1% more y-o-y, according to data provided by the Central Bank (CBK).
25 May 2022STATISTICS: SIGAL UNIQA, ILLYRIA and SCARDIAN were the biggest insurers in Kosovo in 2021
SIGAL UNIQA, ILLYRIA and SCARDIAN are, in terms of FY2021 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2021 Annual Report.
27 April 2022Kosovo insurers profits more than doubled
Kosovo insurers reported FY2021 aggregate net profit of EUR 8.7 million, more than double as compared to a year earlier when the same indicator was EUR 4.1 million, Central Bank monthly figures showed.
3 March 2022STATISTICS: Kosovo insurers ended 2021 with double digit increases in GWP and claims
Kosovo insurers posted double digit increase in 2021 business, as official yea-end figures published on the website of the Central Bank showed. Overall, the aggregate value of GWP increased to EUR 119.23 million, up by 17.44% y-o-y from EUR 101.52 million at the end of December 2020.
3 March 2022STATISTICS: Kosovo insurers posted 9 months double-digit increases in premiums and claims
Kosovo insurers posted double digit increase in 9 months 2021 GWP, as official monthly figures published on the website of the Central Bank showed.
7 December 2021Kosovo insurers posted 9 months profits of EUR 6 m
Kosovo insurers posted a net profit of EUR 5.9 million in the nine months through September 2021, EUR 1 million more compared to a year earlier, Central Bank monthly figures showed.
23 November 2021
