Press release
The Insurance Industry in Albania, Key Trends and Opportunities to 2017 Published By MarketResearchReports.biz
Description
The report provides in-depth industry analysis, information and insights into the insurance industry in Albania, including:
The Albanian insurance industry’s growth prospects by insurance segments and categories
The competitive landscape in the Albanian insurance industry
The current trends and drivers of the Albanian insurance industry
Challenges facing the Albanian insurance industry
The detailed regulatory framework of the Albanian insurance industry
Executive summary
Albania has a small but developing insurance industry, which is recovering from the effects of the global financial crisis in 2009 and 2010. Three life and nine non-life insurance companies were operative by the end of 2012 in Albania. In 2012, due to the influence of mandatory motor insurance, 83.2% of the industry’s overall written premium was generated by the non-life segment. The Albanian insurance industry registered a slight decline during the review period (2008–2012) at a compound annual growth rate (CAGR) of -0.5%. However, the large uninsured population in the country provides the industry with forecast-period (2012–2017) growth potential.
Scope
This report provides a comprehensive analysis of the insurance industry in Albania:
It provides historical values for the Albanian insurance industry for the report’s 2008–2012 review period, and forecast figures for the 2012–2017 forecast period.
It offers a detailed analysis of the key segments and categories in the Albanian insurance industry, along with forecasts until 2017.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions.
It profiles the top insurance companies in Albania, and outlines the key regulations affecting them.
Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/161171
Reasons to buy
Make strategic business decisions using in-depth historic and forecast industry data related to the Albanian insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities within the Albanian insurance industry.
Assess the competitive dynamics in the Albanian insurance industry.
Identify the growth opportunities and market dynamics within key segments.
Gain insights into key regulations governing the Albanian insurance industry and its impact on companies and the industry's future.
Key highlights
Albania has a small but developing insurance industry.
Three life insurers and nine non-life insurers operated in the country by the end of 2012.
In terms of written premium, the industry declined from ALL84.3 million (US$1.0 million) in 2008 to ALL82.7 million (US$0.8 million) in 2012, at a review-period CAGR of -0.5%, due to the effects of the global financial crisis in 2009 and 2010.
The Albanian insurance industry is underdeveloped when compared to other European countries. The country’s insurance penetration and density is the lowest among Balkan countries, with a penetration of 0.66% in 2012.
Albania’s aging population is expected to change the country’s demographic structure over the forecast period.
Public healthcare is free to all Albanian citizens under social insurance.
With motor third-party liability insurance compulsory in Albania, car owners are required by law take out cover, and there are no substitutes for liability insurance.
Table of contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Albanian Insurance Industry Overview
3.1 Albanian Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save time and money for our clients.
We are a one stop solution for all your research needs, our main offerings are syndicated research
reports, custom research, subscription access and consulting services. We serve all sizes and types
of companies spanning across various industries.
Contact
Mr. Nachiket
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Insurance Industry in Albania, Key Trends and Opportunities to 2017 Published By MarketResearchReports.biz here
News-ID: 341043 • Views: …
More Releases from MarketResearchReports.Biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in…
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume…
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with…
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is…
More Releases for Albania
Dentale Albania Redefines Dental Tourism: Affordable Dental Implants and All-Inc …
Tirana & Vlora, Albania - Dentale Albania, a leading provider of dental tourism services in Balkans, is redefining the way international patients experience dental care abroad by offering exceptional affordable dental treatments combined with an unforgettable Albanian getaway. The clinic's all-inclusive dental tourism packages provide patients with the perfect balance of world-class dental care, affordability, and unique travel experiences, making Albania the premier destination and setting new standards for dental…
Business Network Albania Launches to Connect Albanian Entrepreneurs Worldwide
New nonprofit connects Albanian founders, diaspora investors, and startup mentors through curated networking, mentorship, and visibility programs.
⸻
TIRANA, Albania - July 2025 - Business Network Albania (BNA), a newly established nonprofit, officially launches its operations this month to empower Albanian entrepreneurs worldwide. The organization is building a global network that connects Albanian founders-both domestic and in the diaspora-with mentors, collaborators, and capital partners to accelerate sustainable growth and economic opportunity.
BNA's platform…
SC Capital Holding's CEO Simo Chaabani Announced Strategic Hospitality Investmen …
Image: https://www.abnewswire.com/upload/2025/05/3f540b6862031cc5feebddd51a404dbc.jpg
Simo Chaabani, the CEO of SC Capital Holding, has announced plans to enter the Albanian market as part of the Swiss-based investment group's broader Eastern European expansion strategy, renowned for its targeted hospitality acquisitions.
"We believe Albania is poised to become a premier Mediterranean destination," said Simo Chaabani. "The combination of underdeveloped coastal assets, increasing international interest, and rising air connectivity creates a compelling opportunity for us."
The CEO of SC…
Affordable Dental Tourism in Albania: High-Quality Care in Tirana
Albania is emerging as a top destination for dental tourism, attracting international patients with its high-quality yet affordable dental care. The capital city, Tirana, is home to state-of-the-art dental clinics offering world-class treatments at a fraction of the cost compared to Western Europe and the United States.
Why Choose Dental Tourism in Albania?
Albania has become a preferred choice for dental tourists due to its combination of affordability, advanced technology, and experienced…
Insurance Industry, in Albania: Strategic Market Intelligence with Trend & Futur …
A new research document is added in HTF MI database of 37 pages, titled as 'Strategic Market Intelligence: Insurance Industry in Albania - Key Trends and Opportunities to 2022' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes important players/vendors such as Sigal Unique Group Austria Sh.a., Eurosig Sh.a., Sigma Interalbanian Vienna Insurance Group Sh.a. etc. The report will help you gain market…
Non -Life Insurance Sector Buoyant Share in the Insurance Industry Albania: Ken …
• The insurance industry growth is immensely hinged on motor third-party liability insurance in Albania
• The Albania insurance industry will support private agriculture insurance
Ken Research announced its latest publication on, “The Insurance Industry in Albania, Key Trends and Opportunities to 2019”, which provides a detailed analysis of the insurance industry in Albania. Category-wise coverage of different segments in the industry is also included in the report. It analyzes the various distribution channels…
