Kosovo Territory

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Location map
author: CIA


Location:
- Southeast Europe;
- Neighbours: Macedonia, Albania, Montenegro, Serbia.

Climate:
- influenced by continental air masses resulting in relatively cold winters with heavy snowfall and hot, dry summers and autumns;
- Mediterranean and alpine influences create regional variation;
- maximum rainfall between October and December.


Macro indicators (* 2018 estimates)
Surface:10,908km2
Population*:-million
GDP*:-EUR billion
GDP/capita*:-EUR

European Union:
Potential candidate


Currency: Euro
Code: EUR
- unilaterally adopted EUR currency


Sources:



 


Statistics

Kosovo 1Q2019 Market Portfolio

Kosovo 2008 - 2017 Timeline

See all statistics

Latest news


KOSOVO, FY2011: Insurance market maintains the ascending path

According to data published by the Central Bank of the Republic of Kosovo, insurance market continued to grow in 2011, up to EUR 78.1 million in gross written premiums. As compared to the 2010 result, the figure shows a 9.7% increase, most of it generated by the over 605 thousand policies sold in the analyzed period, almost 65 thousand more than in 2010.

KOSOVO: Market ends 3Q2011 with an increase of 7%

First nine months of 2011 represented, for insurance companies operating in Kosovo, a volume of gross written premiums of EUR 58.7 million, recording, compared to 2010, an increasing evolution of 7%. This value was generated by the over 465 thousand policies sold in the analyzed period. The characteristic of young market is strongly supported by the practiced insurance lines, 60% of the local market portfolio is attributed to MTPL insurance. Paid claims of insurers amounted to EUR 19.7 million.



KOSOVO TERRITORY: No vehicle insurance in northern Kosovo

Kosovo Interior Minister Bajram Redzepi stated on Sunday that authorities will start charging vehicle insurance for cars coming to Kosovo from central Serbia as of Monday, but that this measure will not gain ground in the north immediately.


VIDEO: Kosovo's insurance market is heading towards EUR 90 million

The Kosovo market is reduced as volume, but it is constantly expanding, registering underwritings of about EUR 60 million. "We expect that over the coming years it will reach EUR 90 million, because we expect many investors to take over the former state-owned factories. The privatization process is coming to an end, and the insurance sector will grow with it", stated Visar RRUSTEMI, General Director, KOSOVA E Re, in an interview for XPRIMM.TV, during the Annual Meeting of Reinsurers in Monte Carlo.

SAVA Re buys remaining stake in Kosovo insurance

Reinsurance company SAVA Re signed a deal on the purchase of 49 percent stake in Kosovo property insurance DUKAGJINI, in which it already controls a majority ownership stake. Fixed part of the price for the purchase of this stake, in the amount of EUR 8.5 million, will be paid at the beginning of 2011.