During the period January-June 2013, Kosovo insurance market has continued with an increase. The volume of gross written premium for the above mentioned period has arrived in amount of EUR 40.3 million or 16% more comparing with the same period of previous year.

From the total amount of GWP, around 97.7% of premium is from non-life insurance while only 2.3% are from life insurance.

Gross claims paid amount for this period arrived in amount of EUR 21 million or 50% more comparing with the same period of previous year.

The level of increase of GWP was mainly as a result of premiums from Third Part Liability (TPL) insurance, while during this period the TPL insurance has increased its participation in total GWP with 73% (June, 2012 - 69%).

For the above mentioned period, total assets of insurance industry arrived at EUR 130.1 million or 8.3% more comparing with same period of previous year. From the total assets, around 62% is from cash and cash equivalents (2012: 67%), 22% from current assets (2012: 20%) and 15% from fix assets (2012: 13%).

Courtesy to the Central Bank of the Republic of Kosovo - BQK

Access www.xprimm.com and download the 1H2013 Kosovo insurance market statistics.

Market portfolio (in EUR and BGN):

• Gross written premiums
• Paid claims
• Growth rates