Markets & Trends
The Insurance Supervision Agency (ISA), as of June 30, 2021, received 82 complaints from insureds who were dissatisfied with the work of insurance companies. Compared to the same period last year, in 1H2021 the number of submitted complaints has doubled, ISA
North Macedonia-based insurer Triglav Osiguruvanje, which is part of Slovenian insurance group Triglav, said that it recorded a net loss of MKD 17.6 million (EUR 0.38 million) in the first half of 2021 (vs a net profit of MKD 30.5 million for the same period last year), SeeNews reports.
At the end of March 2020, the Macedonian insurance market totaled about MKD 2.6 billion (EUR 42 million*), up by 4.5% y-o-y, according to data provided by the local Insurance Supervision Agency. Paid claims by insurers remained at the Q1 2019 level: MKD 955 million, the equivalent of EUR 15.5 million*.