SIGAL
Growth
Amounts are always in euros: this changes how growth is measured, nothing else.
How growth is measured →Latest resultsH1 2026, year to date: €17m of premium, +9.2% on H1 2025 (market −0.6%); share 10.7% (+1.0 pp), #2 of 16. More
Latest event2 Jan 2026: After UNIQA's exit, UNIQA AD Skopje was renamed SIGAL Insurance Group AD Skopje. More
Fingerprint
SIGAL's line mix, and where it stands among the 17 insurers in North Macedonia on each measure, FY 2025.
Each bar runs from the weakest to the strongest of the insurers in North Macedonia with that figure in FY 2025; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.
Latest quarter
Premium and market share
Market share against the nearest rivals
By year
| Insurer | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Makedonija | 7.8% | 7.8% | 8.1% | 14.4% | 12.7% |
| Eurolink | 9.7% | 8.8% | 9.3% | 9.3% | 11.9% |
| SIGAL | 8.8% | 8.9% | 9.1% | 9.4% | 10.4% |
| Triglav | 11.5% | 11.9% | 10.3% | 10.1% | 9.5% |
| Croatia Non-life | 5.8% | 7.4% | 7.6% | 7.9% | 8.5% |
Lines and claims
Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.
All figures
Claims and costs over time
Solvency
Capital cover over time
DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers
Capital at year end
What the capital requirement covers
Capital cover
Profitability
Net profit by year
All figures
Profit and equity by year
Also in the SIGAL group
6 companies in 3 markets · €135m premium, latest year
Ownership and events
Company details
- Website
- sigal.com.mk
- Employees
- 150 (2025; 131 in 2022, 141 in 2023, 145 in 2024)
- Premium per employee
- €202k (FY 2025; median for non-life insurers in North Macedonia: €131k; all insurers)
Website from the company's own reports or the supervisor's register, checked 20 Oct 2026. Employees: employees at 31 December, from the notes to each insurer's audited financial statements or its annual report filed with the Macedonian Stock Exchange; the supervisor publishes only the sector total, which they match (2,012 of 2,016 in 2025).
Questions about SIGAL
Short answers from the figures on this page.
What is SIGAL's market share in North Macedonia?
SIGAL wrote €30.4m of premium in FY 2025, 10.4% of all premium in North Macedonia, ranking #3 of 17 insurers; its premium grew 24.6% on FY 2024 in MKD.
Who owns SIGAL?
SIGAL is part of the SIGAL group, which has 6 companies in 3 of the 18 markets on Polisa (FY 2025).
What does SIGAL sell?
SIGAL is a non-life insurer; its largest lines in FY 2025 are motor TPL (59.9% of its premium), property (14.4%) and health (8.9%).
Is SIGAL well capitalised?
SIGAL's solvency margin was 158% at 31 December 2025: it covered its required solvency margin 1.6 times, against a median of 298% for the insurers in North Macedonia (local rules, not Solvency II).
Is SIGAL profitable?
SIGAL made a net profit of €2.26m in FY 2025, a return on equity of 25.8%; its non-life combined ratio was 94% after reinsurance.
Is SIGAL growing?
SIGAL's premium grew 24.6% in MKD in FY 2025, faster than the market in North Macedonia (+12.3%).
Sources for this page
Premium, lines, claims and solvency margin: ISA (Insurance Supervision Agency of North Macedonia), quarterly reports on insurance companies. How these numbers are built.
Spotted a wrong figure? Tell us and include the source.
CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse
Polisa compiles the figures; the original sources are named on this page and on the method page.
Polisa. (2026). SIGAL (North Macedonia): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/mk-sigal
BibTeXShow entry
@misc{polisa_insurers_mk_sigal_2026,
author = {{Polisa}},
title = {SIGAL (North Macedonia): premium, market share, lines, solvency and claims},
year = {2026},
version = {2026-11-11.13378f},
howpublished = {\url{https://polisapro.com/insurers/mk-sigal}},
note = {Accessed 11 November 2026}
}Reuse: Polisa's compilation CC BY 4.0 · source data: ISA (no re-use terms published), MSE (personal non-commercial use only).