STATISTICS: KOSOVO 1Q2022: half-year insurers' profits increased by EUR 1 million to EUR 2.5 million

25 August 2022 — Andrei Victor
STATISTICS:  KOSOVO 1Q2022: half-year insurers' profits increased by EUR 1 million to EUR 2.5 million
Kosovo's active 12 insurers reported an aggregate net profit of EUR 2.5 million at the end of June 2022 vs. EUR 1.5 million a year before, according to data provided by the Central Bank (CBK). At the same time, the total insurers' assets increased to EUR 253.6 million, from EUR 230 million a year earlier.

In terms of GWP, the local insurance market totaled EUR 61.5 million in H1 2022 vs. EUR 55.3 million during January-June 2021, of which life insurance EUR 3.4 million (according to the "Financial System - Monthly Information" released on CBK website), while non-life segment GWP increased by 9.5% y-o-y to EUR 58.1 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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