At the end of March 2019, the Macedonian insurance market totaled about a quarter billion MKD (EUR 40 million), up by 4.6% y-o-y, according to data provided by the local Insurance Supervision Agency.
18 July 2019
Turkey-based Halkbank announced the acquisition of Macedonian Nova Insurance, and now shows interest in investing in Moldova, too. Halkbank is already active in North Macedonia and Serbia, making Moldova the third country in the region Halkbank wants to develop.
23 May 2019
18 April 2019
The preliminary FY2018 statistics provided by Macedonian ISA indicate for the local insurance market a total gross written premiums (GWP) volume of EUR 161.4 million (MKD 9.9 billion), up by 10.4% y-o-y.
11 April 2019
EUROLINK Insurance, Macedonia, was awarded for its contribution to the development of entrepreneurship in Central and Southeastern Europe at the 2018 Creators for Centuries project, the company said.
7 March 2019
Slovenia's top insurer Zavarovalnica Triglav plans to expand its activity in the Macedonian private pensions market. The Group is already present on the local insurance market, with two companies.
14 February 2019
Stopanska Banka has become one of the largest insurance distribution channels in Macedonia, by starting - in the year that marked its 75th annyversary, a partnership with two important life insurers from the local market: CROATIA Insurance and UNIQA.
14 February 2019
Macedonian insurers nine-months 2018 aggregate GWP amounted MKD 7.4 billion (~EUR 120 million), 8.9% more y-o-y, according to the market figures provided by the Insurance Supervision Agency of Macedonia.
18 January 2019
The Macedonian insurance market recorded a constant ascendant trend during the last decade, with GWP increasing between 2008 and 2017 by about 40%. Yet, as the life insurance sector gained more relevance in the recent years, its contribution to the market growth became more visible.
13 December 2018
12 November 2018
Macedonian insurers ended 1H2018 with an aggregated GWP volume of EUR 80 million, up 6.7% y-o-y. Most of the market growth came from the non-life insurance segment, namely from MTPL and fire and allied perils insurance lines.
4 October 2018
Macedonian insurers reported GWP worth EUR 38.4 million, 5.5% up y-o-y in 1Q2018, half of the market growth being owed to the MTPL insurance class and to the life insurance segment, which provided for about 40% of the premiums volume increase.
19 July 2018
On July 2, a Memorandum of Cooperation between the Macedonian Insurance
Supervision Agency and the Regulatory Authority for Insurance
Supervision of Turkey was signed in Skopje, by Mr.Klime POPOSKI,
President of the Council of Experts (Macedonia) and Ahmet GENK, Vice
President (Turkey).
5 July 2018
Insurer Osiguruvanje Makedonija, a subsidiary of the Vienna Insurance Group (VIG), said on Wednesday that its non-consolidated net profit rose to 32.6 million denars (530,600 euro) in the first quarter of the year from 11.2 million denars in the prior-year period.
2 May 2018
The Macedonian insurance market totalled MKD 8.99 billion (EUR 146.24 million) at the end of 2017, up by 3.10% y-o-y, according to data published by the local Insurance Supervision Agency.
22 March 2018
20 March 2018
Slovenian SAVA Re announced it got the approval from the Macedonian Agency for Supervision of Fully Funded Pension Insurance (MAPAS) and the required approvals from other competition authorities for the acquisition of NLB Nov penziski fond AD Skopje.
15 March 2018
Macedonian insurers reported 3Q2017 aggregate GWP of MKD 6.8 billion (EUR 110.6 million), 2.7% more y-o-y, according to the market figures provided by the Insurance Supervision Agency of Macedonia.
7 December 2017
Non-life insurer Osiguruvanje Makedonija, a subsidiary of the Vienna Insurance Group (VIG), said its after-tax profit fell to 56.4 million denars (91,700 euro) in the first nine months of 2017, from 88.0 million denars a year earlier.
13 November 2017
Macedonian non-life insurer Triglav Osiguruvanje said on Monday its after-tax profit rose to 73.4 million denars (1.2 million euro) in the first nine months of the year from 59.2 million denars in the same period last year.
6 November 2017