Southeastern Europe, bordering the Adriatic Sea and Ionian Sea, between Greece in the south and Montenegro and Kosovo to the north

mild temperate; cool, cloudy, wet winters; hot, clear, dry summers; interior is cooler and wetter

Natural hazards:
destructive earthquakes; tsunamis occur along southwestern coast; floods; drought

Macroeconomic data (xls)

Currency: Leka

1 EUR = 135.23 Lek - ALL (December 31st, 2016)
1 EUR = 137.28 Lek - ALL (December 31st, 2015)
1 EUR = 140.14 Lek - ALL (December 31st, 2014)
1 EUR = 140.20 Lek - ALL (December 31st, 2013)
1 EUR = 139.59 Lek - ALL (December 31st, 2012)
1 EUR = 138.93 Lek - ALL (December 31st, 2011)
1 EUR = 138.77 Lek - ALL (December 31st, 2010)

Albanian Financial Supervisory Authority (AFSA)
Albanian Insurers Association
Bank of Albania

Insurance statistics

1H2017Market Portfolioxlsx
1H2017Insurance Companies Rankingsxlsx
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FY2016Insurance companies rankingsxlsx
3Q2016Market Portfolioxlsx
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FY2015Insurance companies rankingsxlsx
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1Q2015Insurance Companies Rankingsxlsx
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FY2014Insurance companies rankingsxlsx
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1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market Portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
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FY2013Insurance companies rankingsxlsx
Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
1H2013Insurance market overview pdf
Insurance Companies Rankingsxlsx
1H2013Market Portfolioxlsx
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1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
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FY2012Insurance companies rankingsxlsx
3Q2012Market portfolioxlsx
3Q2012Insurance companies rankingsxlsx
1H2012Insurance market overview pdf
1H2012Market portfolioxlsx
1H2012Insurance companies rankingsxlsx
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1Q2012Insurance companies rankingsxlsx
FY2011Insurance market overview pdf
FY2011Market portfolioxlsx
FY2011Insurance companies rankingsxlsx
3Q2011Market portfolioxlsx
3Q2011Insurance companies rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2010Insurance market overviewpdf
1H2010Market portfolio and rankingsxlsx
Albanian insurance market overview pdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
Non-Life insurance rankings xls
2009Albanian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls

Albania FY2018 Insurance Companies Ranking

Albania FY2018 Market Portfolio

See all statistics

ALBANIAN insurers FY2012 GWP up 7.4% y-o-y

Albanian insurance companies posted combined gross written premiums of ALL 8.9 billion (EUR 64 million) at the end of 2012, or 7.38% more y-o-y, according to the financial data published by the Albanian Financial Supervisory Authority (FSA). Despite this increase, during FY2012, the number of signed insurance contracts was 1,057,821 or 19% less compared with year 2011.

ALBANIA: Independence of the financial regulators under debate

"Regulator independence is a necessity for achieving and consolidating market development. A transparent and stable environment promotes consumer confidence and encourages free and fair competition among all market participants", stated Enkeleda SHEHI, Chairperson of the Albanian Financial Supervisory Authority in her opening speech to the international conference organized by AFSA under the title "Independence of the Financial Sector Regulators: Reemphasized".

ALBANIA 3Q2012: GWP went down by 0.2% y-o-y

During January-September 2012, the Albanian insurance market experienced a decrease of 0.18% to ALL 6.52 billion, according to data provided by the Albanian Financial Supervisory Authority. In European currency, due to the appreciation of ALL in relation to EUR, the local insurance market reported a 0.36% increase to EUR 46.50 million.

ALBANIA, 1Q2012: GWP falls 15.7%

Albanian insurers' premiums revenues for the period January-March 2012 were about ALL 1.88 billion (EUR 13.41 million), or 15.74% less than January-March 2011, according to Albanian Financial Supervisory Authority (AFSA). "The major impact in this decrease of total gross written premium had compulsory motor insurance Green Card and accidents, with about 83% of the total decrease", showed an AFSA press release.

ALBANIA: Auto Insurance Rates to Undergo Reform

Auto insurance rates in Albania will undergo reform in upcoming months and they will be depending on factors related to the degree of vulnerability for an accident, Top Channel reported on Tuesday referring to Albania's Financial Supervisory Authority.

ALBANIA: Car Registration Procedures Made Easier

Albania's Ministry of Transportation has facilitated the procedures for registering a motor vehicle in the country, local media reports. The only required documents now are the ownership certificate and the ID card. The law took effect on February 13, 2012.