Kosovo insurers posted 9 months profits of EUR 6 m

23 November 2021 —
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.

Gross written premiums from life and non-life insurance totaled EUR 86.9 million, of which life insurance - EUR 3.5 million, and non-life EUR 83.4 million, while total gross claims paid amounted to EUR 48.7 million.

The assets held by Kosovo insurance companies increased to EUR 235.7million as of September 30th, 2021, from EUR 214.3million a year earlier.

The figures comprise data for 13 insurance companies operating in Kosovo, 11 - non-life insurers and two life companies.