In the first three quarters of 2026, gross written premiums (GWP) in Albania's insurance market reached ALL 20.57 billion, marking an almost 2% increase y-o-y. In European currency, due to the appreciation of the Albanian Lek against Euro, the market growth was of 7.23%, to EUR 223.53 million.
The market remains oriented towards non-life insurance, which accounted for 91.32% of the total premium volume, while life insurance represented 8.67%, and reinsurance 0.01%.
In the same period, gross paid claims totalled ALL 6.69 billion (EUR 72.72 million), which is by 8.29% more y-o-y in local currency. Motor insurance claims reached ALL 5.15 billion (EUR 55.93 million), increasing by 9.52%. Compulsory MTPL premiums rose by 3.83%, reaching approximately ALL 12.95 billion (EUR 140.71 million).
Access xprimm.com and download the latest Albanian insurance market statistics (in EUR and ALL).
STATISTICS: ALBANIA 3Q2026: Modest premiums growth accompanied by faster growth of paid claims
4 November 2026 — Daniela GHETU
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