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Premiums up over 14% in Kosovo

Posted On: Mar. 16, 2023 9:56 AM CST

Data from Kosovo’s central bank showed that local insurers’ aggregate gross written premium increased 14% year-on-year to €134 million ($142.6 million) in 2022, Xprimm reported. Non-life insurance premiums grew 11.7% year-on-year to €127.7 million. However, the local insurers’ aggregate net profit fell 60% year-on-year to €3.5 million.