STATISTICS: Macedonian insurers' business expanded by 17.4% y-o-y after Q3

13 January 2022 — Andrei Victor
Macedonian insurers posted nine-months 2021 aggregate GWP worth MKD 8.8 billion (~EUR 143 million), 17.4% more y-o-y, according to the market figures published by the Insurance Supervision Agency of Macedonia.

Non-life GWP accounted for about 85% of the total GWP (MKD 7.5 billion, or EUR 121.6 million) - of which MTPL (41.7% of total), property (20.9%), MoD (7.5%), A&H (8.6%) and GTPL (2.3%) - , the remaining share of 15% being represented by the life insurance segment: GWP of MKD 1.3 billion (EUR 21.5 million).

In terms of GWP, TRIGLAV (13.9)% market share was the largest non-life insurer, while CROATIA (34.5%) led the life field.

Access and download the 3Q2021 Macedonian insurance market statistics.

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