STATISTICS: ALBANIA 3Q2026: Modest premiums growth accompanied by faster growth of paid claims

4 November 2026 — Daniela GHETU
STATISTICS:  ALBANIA 3Q2026: Modest premiums growth accompanied by faster growth of paid claims

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).
 

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