Gross Written Insurance Premiums income during the period January-April 2021 amounted to over ALL 5,355 million, or 13.54% more compared to January-April 2020. In the period January–April 2021, the number of concluded insurance contracts reached 269,245 registering a decrease of 5.31% compared to January-April 2020.

The insurance market continued to be oriented towards non-life insurance, which brought 92.67% share of the total premium volume, leaving life insurance with 7.31% share of the total premium volume. Seen from the market segmentation perspective by the following insurance types: compulsory and voluntary, the voluntary insurance written premiums account for 45.16% and compulsory insurance written premiums account for 54.84% of the total market.

In the period January-April 2021, gross paid claims in insurance market amounted to about ALL 2,542 million, or 13.4% less compared to January-April 2020.

During the period January–April 2021, gross paid claims in the motoric insurance reached the value of ALL 1,382 million, with an increase around 58.87% compared with the same period one year before.

Compulsory Motor Insurance
Compulsory Motor insurance Premiums during the period January-April 2021 amounted to about ALL 2,936 million or 10.93% more compared to January-April 2020.

Domestic MTPL Insurance Premiums registered an increase by 12.93% of the gross written premium volume in the period of January-April 2021. The number of contracts increased by 14.95% compared to January-April 2020.

Green Card Insurance Premiums registered a decrease by 8.36% of the gross written premium volume in the period of January-April 2021. The number of contracts decreased by 18.76% compared to January-April 2020.

Border Insurance Premiums registered an increase by 80.03% of the gross written premium volume in the period of January-April 2021 compared to January-April 2020. The number of contracts increased by 79.31%.

Voluntary Insurance
In the period January-April 2021, Voluntary Insurance Premiums amounted to about ALL 2,418 million, or 16.43% more compared to January-April 2020. The number of voluntary insurance contracts decreased by 24.51% compared to January-April 2020.

In the period January-April 2021, Voluntary Non -Life Insurance Premiums registered an increase by 15.72% compared to January-April 2020.

In the period January-April 2021 the Property, Liability and Guarantee portfolios provided over 1,338 million ALL income in total, and the first place was occupied by Fire and Other Property Damages with about 70.54%, followed by General Liability insurance with 20.04% of the total income.

In the period January-April 2021 the insurance Against Fire and Natural Forces portfolio registered an increase by 31.90% of gross written premium volume of this portfolio and an increase by 10.95% in the number of insurance contracts compared to January-April 2020.

In the period January–April 2021 Accident and Health Insurance income amounted to about ALL 353 million, marking a increase of 2.75% compared to January–April 2020.

In the period January-April 2021, Life insurance premiums amounted to about ALL 392 million, or 19.99% more compared January–April 2020.

*[1]Gross Paid Claims
In the period of January- pril 2021 the payment of claims decreased by 13.40% compared to January-April 2020. The highest share of the gross paid claims belong insurance Motor Insurance with about AL 1,382 million, or 54.35% of the total gross paid claims.

The following table illustrates the average claims for the main motor insurance products.

Item	Values (in ALL 000)		Change
			(in %)
January - April	2020	2021	21 / 20-1 '
Average Claims
Domestic MTPL	155	195	25.45
Green Card	515	1,235	139.70
Casco	104	124	18.58

For further information, the Statistical Bulletin for the period January-April 2021 contains detailed statistical statements of the insurance market classified by type of insurance, insurance products, participation of insurance companies and other.

To read the full statistical report (in Excel version) for January-April 2021, please click here.