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Albania: Insurance sector's net income for January-April 2014 up 26%

May 28, 2014 - 6:00am

Insurance figures in Albania show that the industry's net income from gross written premiums during the January to April 2014 period increased 26% year on year to about 3.5 billion Albanian lekë ($34.6 million), Xinhua reported.

Nonlife insurance premiums made up nearly 90% of the overall volume.

Gross claims paid fell 30% year on year to ALL 827 million ($8.2 million), Xinhua reported.

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