Kosovo
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.
25 August 2022KOSOVO: in the first five months, the market expanded by 15% y-o-y
From January to May this year, GWP of insurance companies operating in Kosovo increased by 15.1% y-o-y to EUR 48.7 million, SeeNews wrote with reference to the central bank data.
30 June 2022STATISTICS: Kosovo insurers posted Q1 profit of EUR 0.4 m, after a net loss of over half million euro a year before
The insurance market of Kosovo totaled EUR 29.8 million at the end of Q1 2022, 16.1% more y-o-y, according to data provided by the Central Bank (CBK).
25 May 2022STATISTICS: SIGAL UNIQA, ILLYRIA and SCARDIAN were the biggest insurers in Kosovo in 2021
SIGAL UNIQA, ILLYRIA and SCARDIAN are, in terms of FY2021 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2021 Annual Report.
27 April 2022Kosovo insurers profits more than doubled
Kosovo insurers reported FY2021 aggregate net profit of EUR 8.7 million, more than double as compared to a year earlier when the same indicator was EUR 4.1 million, Central Bank monthly figures showed.
3 March 2022STATISTICS: Kosovo insurers ended 2021 with double digit increases in GWP and claims
Kosovo insurers posted double digit increase in 2021 business, as official yea-end figures published on the website of the Central Bank showed. Overall, the aggregate value of GWP increased to EUR 119.23 million, up by 17.44% y-o-y from EUR 101.52 million at the end of December 2020.
3 March 2022STATISTICS: Kosovo insurers posted 9 months double-digit increases in premiums and claims
Kosovo insurers posted double digit increase in 9 months 2021 GWP, as official monthly figures published on the website of the Central Bank showed.
7 December 2021Kosovo insurers posted 9 months profits of EUR 6 m
Kosovo insurers posted a net profit of EUR 5.9 million in the nine months through September 2021, EUR 1 million more compared to a year earlier, Central Bank monthly figures showed.
23 November 2021STATISTICS: Kosovo insurers posted H1 2021 net profit of EUR 1.5 million
Kosovo active 13 insurers reported aggregate net profit of EUR 1.5 million at the end of June 2021, as compared with a market net profit of EUR 4.9 million at end of H1 2020, according to data provided by the Central Bank (CBK). At the same time, the total assets held by Kosovo insurance companies increased to EUR 230 million, from EUR 208.6 million a year earlier.
30 August 2021From July 1, driving between Kosovo and Montenegro will no longer require border insurance
Kosovo and Montenegro have signed an agreement on the abolition of border security between the two countries, announced Tirana Post. Thus, starting 1 July, for cross border traveling by car there will be no need to acquire border insurance.
30 June 2021Kosovo's Central Bank decides on the temporary reduction of border motor liability insurance
The Executive Board of the Central Bank of the Republic of Kosovo on the meeting held on June 24, 2021 has decided to temporarily reduce the border motor liability insurance.
30 June 2021STATISTICS: Kosovo insurers posted a quarterly loss of over half million euro
The insurance market of Kosovo totaled EUR 25.7 million at the end of Q1 2021, 12.5% more y-o-y, according to data provided by the Central Bank (CBK).
The figures reveal that the quarterly aggregate market result was negative, the 13 local insurers reporting a net loss of EUR -0.6 million, from a net profit of EUR 2.1 million at the end of March 2020.
The figures reveal that the quarterly aggregate market result was negative, the 13 local insurers reporting a net loss of EUR -0.6 million, from a net profit of EUR 2.1 million at the end of March 2020.
20 May 2021STATISTICS: Who are the 2020's biggest insurers in Kosovo?
SIGAL UNIQA, SIGMA VIG and ILLYRIA are, in terms of FY2020 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2020 Annual Report.
15 April 2021STATISTICS: Kosovo insurers reported YE 2020 net profit of EUR 4.1 million
Kosovo active 13 insurers reported aggregate net profit of EUR 4.1 millon at the end of 2020, as compared with a market net loss of EUR -2.8 million at December 31st, 2019, according to data provided by the Central Bank (CBK).
18 February 2021STATISTICS: KOSOVO, 3Q2020: Insurers reported profits of almost EUR 5 million at end-September
Kosovo insurers posted a net profit of EUR 4.9 million in the nine months through September, compared to a net loss of EUR -0.8 million a year earlier, Central Bank monthly figures showed.
3 December 2020KOSOVO: CBK and Kosovo Competition Authority discussed about MTPL market liberalization
The Deputy Governor of the Central Bank of Kosovo (CBK) for Financial Supervision, Sokol Havolli and the Chairman of the Kosovo Competition Authority (KCA) , Valon Prestreshi presented to the media the measures taken regarding the new model that will be applied with the cost of compulsory insurance.
1 October 2020STATISTICS: KOSOVO, 1H2020: Insurers turned on profit at the end of June
The insurance market of Kosovo totaled EUR 46.36 million at the end of June 2020, 4.29% less y-o-y, data provided by the Central Bank (CBK) showed.
24 September 2020KOSOVO: Insurance Association of Kosovo proposes legislative solutions for the uninsured vehicles problem
It is estimated that about 140 thousand unregistered / uninsured vehicles circulate on the roads of Kosovo, which cause damage to millions of insurance companies, but also the Kosovo budget, the Insurance Association of Kosovo reports.
23 September 2020KOSOVO: CBK temporarily reduces border-MTPL tariffs by 35%
The Executive Board of the Central Bank of the Republic of Kosovo in the meeting held on July 29 has decided to temporarily reduce the motor liability border insurance.
19 August 2020STATISTICS: KOSOVO, 1Q2020: The insurance market increased by 2.22% despite the lower number of issued policies
At the end of March 2020, the Kosovo insurance market totaled EUR 21.91 million, 2.22% more y-o-y, the market statistics published by the Central Bank of Kosovo - CBK indicates. During the reported period, claims paid by insurers totaled EUR 12.69 million, up by 17.57% y-o-y.
4 June 2020
