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Voxpress:

Compulsory motor insurance, up 7 percent compared to a year ago

2023-12-15 12:53:34Biznes SHKRUAR NGA REDAKSIA VOX

 

Compulsory motor insurance, up 7 percent compared to a year ago

Compulsory motor insurance premiums during the period January-October 2023 reached about 11.4 billion ALL, or 7.25% more than in the 10th month of 2022.

Referring to the AMF report, the "Domestic MTPL" product, in January-October 2023, had an increase of 8.58% in the volume of gross written premiums. This was also accompanied by an increase in the number of contracts of 9.73% compared to the same period of the previous year.

The "green card" product in January-October 2023 had an increase of 1.46% in the volume of gross written premiums. This was accompanied by an increase in the number of contracts of 42.51% compared to January-October 2022.

The "border insurance" product, in January-October 2023, had a 1.77% increase in the volume of gross written premiums compared to January-October 2022. The number of contracts also increased by 13.09%.


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