The insurance market of Kosovo totaled EUR 40.46 million at the end of Q1 2025, 5% more y-o-y, according to data provided by the Central Bank (CBK). The Bank ceased providing results for the life insurance business, which means this figure is related exclusively to the non-life business.

Out of the total GWP, about 50% or EUR 20.18 million related to mandatory MTPL: EUR 18.76 million for Domestic MTPL and EUR 1.4 million for border policies.

Paid claims amounted to EUR 21.66 million, 23.77% up y-o-y, with the mandatory MTPL LoB generating about half of this amount.

The figures reveal that the quarterly aggregate market result was positive, the 12 local insurers (of which seven are foreign owned) reporting a net profit of EUR 4 million, slightly better than at the end of March 2024. At the same time, the total assets held by Kosovo insurance companies increased to EUR 341.4 million at the end of Q1 2025, from EUR 319.0 million a year earlier.

Access xprimm.com and download the latest Kosovo insurance market statistics.