STATISTICS: Kosovo insurers posted H1 2021 net profit of EUR 1.5 million

30 August 2021 — Andrei Victor
Kosovo active 13 insurers reported aggregate net profit of EUR 1.5 million at the end of June 2021, as compared with a market net profit of EUR 4.9 million at end of H1 2020, according to data provided by the Central Bank (CBK). At the same time, the total assets held by Kosovo insurance companies increased to EUR 230 million, from EUR 208.6 million a year earlier.

In terms of premiums, the insurance market of Kosovo totaled EUR 55.2 million vs. EUR 46.4 million, of which life insurance EUR 2.2 million (according to the "Financial System - Monthly Information" released on CBK website), while non-life segment GWP increased by 18.8% y-o-y to EUR 53.1 million - according to "The Insurance Companies Activity" published by CBK.

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

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