The CEC reports insurance has increased by 5.3 per cent.

“One of the main contributors to increasing insurance sector assets was the increase in willing money kept in commercial banks, which has the largest share in the asset structure of the insurance companies”, the ECC's Three-month Economics Rating report reported.

According to the CEC, non-life insurance, which represents most of the sector's 89.8 per cent of assets, marked annual growth of 4.9 per cent. Meanwhile, insurance measures, which make up the remainder of assets, marked annual growth of 8.8 per cent.

By March 2017, the value of insurance companies written down amounted to 19.4m euros, which represents an annual increase of 1.7 per cent. The written wait structure is chaired by non-life security priorities, which represent 96.7 per cent of the total written expectations. The realised value of non-life insurance cuts reached 18.7m euros in March 2017, pointing to an annual increase of 2.0 per cent. While the value of life insurance cuts reached 641.5 thousand euros, marking an annual decline of 7.2 per cent”, the CEC has announced.

The damages paid by the insurance sector, including the damages of Kosovo security companies and the Kosovo Security Bureau (BKS), marked increases to 11.3m euros in TM1 2017 (8.5m euros in TM1 2016).

The slightest increase in received cuts during this period compared to the higher increase in paid damages contributed to the growth of a total damage to written”, the CEC's Three-month Economics Rating report said.