Kosovo
VIG's 9-mo pre-tax profit in Albania, Kosovo rises
2 December 2018STATISTICS: KOSOVO 3Q2018: Insurers' net profit decreased by more than one third
The insurance market of Kosovo totaled EUR 2.1 million at the end of September 2018, 34% less y-o-y (vs. EUR 3.2 million), data provided by the Central Bank (CBK) showed.
8 November 2018Kosovo posts strong annual economic growth of 4.7% in 2Q18
3 October 2018STATISTICS: Kosovo, 1H2018: insurers' net profit declined by 62% y-o-y, despite the GWP increase
Kosovo insurers posted an aggregate net profit of EUR 0.8 million in1H 2018, down from EUR 2.1 million a year earlier, according to the Financial System Monthly Report published by the local Central Bank.
23 August 2018STATISTICS: KOSOVO 1Q2018: Insurers' net profit more than halved
The insurance market of Kosovo totaled EUR 21.4 million at the end of March 2018, 10.5% more y-o-y, data provided by the Central Bank (CBK) showed.
31 May 2018STATISTICS: KOSOVO, FY2017: insurers' bottom result returned in the positive area
Kosovo insruance market totaled about EUR 87.4 million at the end of December 2017, 4.3% more y-o-y, data provided by the Central Bank (CBK) showed. Total gross claims paid increased by 19.7% y-o-y to EUR 46 million.
21 February 2018KOSOVO insurers swing to 3.2 mln euro net profit in Sept
Kosovo's insurance companies turned to a net profit of 3.2 million euro ($3.7 million) in September 2017, from a net loss of 12.1 million euro in the same month a year earlier, central bank figures showed.
6 November 2017STATISTICS: KOSOVO insurers have sold 100,000 more policies y-o-y during January-September 2017
The insurance market of Kosovo increased by 2.5% y-o-y during the first nine months of the year to EUR 64.5 million, as the Central Bank - CBK market figures showed.
2 November 2017STATISTICS: KOSOVO insurers reported a 20% y-o-y growth rate in 1H paid claims
The Kosovo insurers' GWP increased by 2.74% y-o-y, to EUR 41.05 million in the first half of 2017, as shown by the Central Bank's data.
10 August 2017KOSOVO: Net profit of insurance companies flattish in Jan-April
Kosovo's insurance companies posted a combined net profit of 900,000 euro ($1 million) in the first four months of 2017, flattish compared to the profit recorded a year earlier, figures from the central bank showed.
8 June 2017STATISTICS: KOSOVO insurers reported 1.5% y-o-y growth rate in Q1 GWP
By the end of March 2017, the Kosovo insurance market totaled EUR 18.8 million - 1.5% more y-o-y, as the market figures published by the Central Bank of Kosovo - CBK indicate.
31 May 2017KOSOVO: Insurance has increased by 6.1 percent
According to CBK's report, in 2016, the value of premiums written by insurance companies amounted to euro 83.5 million, which represents an annual increase of 4.4 percent.
18 May 2017KOSOVO insurers' net profit declines 15.4% y/y in Q1
Kosovo's insurance companies posted a combined net profit of 1.1 million euro ($1.2 million) in the first quarter of the year, compared to a net profit of 1.3 million euro in the like period of 2016, according to data from the country's central bank.
3 May 2017KOSOVO insurers' net loss triples in 2016
Kosovo's insurance companies posted a combined net loss of 23.9 million euro ($25.4 million), more than three times higher than their aggregate net loss of 7.7 million euro in 2015, data from the country's central bank shows.
15 March 2017STATISTICS: KOSOVO: +3% in FY2016 GWP, supported by the double-digit growth rate in voluntary classes
Last year, the Kosovo insurance market totaled EUR 81.2 million, or 3.1% more y-o-y, according to the figures published by the Central Bank of the Republic of Kosovo (CBK). At the same time, the volume of paid claims by local insurers remained about at the 2015 level: EUR 39 million.
9 February 2017STATISTICS: KOSOVO insurers' Jan-Sept GWP rises 3% y-o-y
In 3Q 2016 the Kosovo insurers reported a 3% y-o-y increase in GWP to EUR 62.9 million, as the Central Bank - CBK data showed. MTPL premiums accounted for about 65% of total GWP, of which a share of 56% - third party liability policies, while the share of Border policies was close to 9%. Other types of voluntary segments accounted for ~35% of total market.
3 November 2016Kosovo - Serbia reach reciprocal "sticker agreement" for car plates
An agreement signed on September 14 will eliminate the need for drivers
of Kosovo-registered cars to purchase temporary "proba" plates when
traveling in Serbia. "After three years of the proba plates, I
told our international partners, 'It's time for reciprocity'," Edita
Tahiri, Kosovo Minister for Dialogue, said for PI.
27 September 2016KOSOVO's insurers 7-mo net loss more than quadruples
Kosovo's insurance companies posted a combined net loss of 11.5 million euro for the first seven months of the year, compared to a net loss of 2.5 million euro in the same period last year, data from the country's central bank indicated.
7 September 2016STATISTICS: KOSOVO, 1H2016: Insurers posted GWP of EUR 40 million in 1H2016
The Kosovo insurers' GWP increased by 1.68% y-o-y to EUR 39.96 million in the first half of 2016, as shown by the Central Bank's data. Gross written premiums from Motor TPL insurance increased by 5.28% to EUR 22.57 million, generating about 56.48% of total GWP. The total gross claims paid were down by more than 8% to EUR 17.81 million.
18 August 2016KOSOVO insurers total net loss deepens sharply in H1
Kosovo's insurance companies posted a combined net loss of 11 million euro for the first half of the year, as compared to a net loss 2.5 million euro net loss a year ago, data from the country's central bank indicated.
17 August 2016
