Albania
Growth
Amounts are always in euros: this changes how growth is measured, nothing else.
How growth is measured →Latest news4 Nov 2026: Premiums up almost 2% to ALL 20.57bn in January-September; claims up 8.3% All news (6) →
Coverage The insurers shown cover the whole market. All insurers licensed by AMF; AMF's headline total also includes a small amount of accepted reinsurance. Source.
Market share by insurer
Latest quarter: Jan–Sep 2026
Premium written Jan–Sep 2026, year to date: €217m, +2.0% against Jan–Sep 2025 in local currency. Share change in percentage points against the same period a year earlier.
Largest insurers, Jan–Sep 2026
Premium year to date and growth; the bar is the share, its change in points under it.
Gains and losses in share
Change in share against Jan–Sep 2025, in percentage points; an insurer with no premium now has lost its whole share.
- Sigal · 30 Jan 2026: AMF 2025 data: SIGAL holds 25.8% of the market and pays 26% of claims
All figures
| Insurer | Jan–Sep 2026 €m | Share | Δ pp | Jan–Sep 2025 €m | Growth |
|---|---|---|---|---|---|
| Sigal | 50.1 | 23.1% | −0.2 | 47.9 | +1.1% |
| Albsig | 38.8 | 17.9% | +0.5 | 35.7 | +4.8% |
| Eurosig | 26.7 | 12.3% | −0.3 | 25.9 | −0.8% |
| Sigma VIG | 25.4 | 11.7% | −0.1 | 24.2 | +1.4% |
| Intersig VIG | 18.2 | 8.4% | −0.1 | 17.5 | +0.4% |
| Insig | 14.1 | 6.5% | −0.2 | 13.7 | −0.6% |
| Ansig | 12.5 | 5.8% | −0.1 | 12.0 | +0.5% |
| Atlantik | 12.5 | 5.8% | +0.1 | 11.6 | +4.2% |
| Albsig Jetë | 7.6 | 3.5% | +0.4 | 6.5 | +13.8% |
| Sigal Life | 5.6 | 2.6% | +0.0 | 5.3 | +2.9% |
| SiCRED | 3.0 | 1.4% | +0.2 | 2.5 | +15.2% |
| Insig Jetë | 2.0 | 0.9% | −0.4 | 2.7 | −28.4% |
| Vienna Life | 0.6 | 0.3% | +0.2 | 0.1 | +726.3% |
| Market | 217.0 | 100% | 205.4 | +2.0% |
Each insurer's figures: All insurers, growth and latest quarter → · Full-year outlook →
What's happening in Albania
The latest news on the market's insurers and their supervisor, newest first: facts in Polisa's own words, each with its source.
- ResultsPremiums up almost 2% to ALL 20.57bn in January-September; claims up 8.3%
Premiums reached ALL 20.57bn (EUR 223.5m) in nine months, 91.3% of it non-life. Compulsory motor TPL rose 3.8% to about ALL 12.95bn, while paid claims grew 8.3% to ALL 6.69bn.
Source: XPRIMM - SupervisorAMF forum on natural catastrophe cover: 95% of Albanian homes uninsured
The Financial Supervisory Authority held a Tirana forum on catastrophe risk with Aon and the insurers' association. AMF said 13 insurers wrote about EUR 280m in 2025, a 1% penetration; Aon put uninsured homes at 95%.
Source: XPRIMM - ResultsPremiums up 10.5% to ALL 27.09bn in 2025; domestic motor TPL up 13.3%
Premiums reached ALL 27.09bn (EUR 279.9m) on 1.68m contracts. Domestic motor TPL rose 13.3% to ALL 14.37bn with contracts up 6.9%, which XPRIMM partly links to price rises; claims paid were flat at ALL 8.59bn.
Source: XPRIMM - ResultsAMF 2025 data: SIGAL holds 25.8% of the market and pays 26% of claims
According to SIGAL, the AMF's 2025 annual figures give the group 25.84% of all premiums, 30.6% of life and 25.4% of non-life, and 26.02% of all claims paid in the Albanian market.
SigalSigal LifeSource: SIGAL Insurance Group (citing AMF)
2 earlier
- SupervisorNew AMF head Adela Xhemali puts Solvency II and IFRS 17 at top of the agenda
Meeting insurers at the start of her term, AMF Executive Director Adela Xhemali named alignment with EU rules, including Solvency II and IFRS 17, as the priority; her appointment date was not given.
Source: SIGAL Insurance Group - PricesBonus-malus pricing applies to Albanian motor TPL policies from 2026
From the start of 2026, motor TPL premiums reflect claims history: SIGAL says 600,000-700,000 claim-free drivers get about 3% off, while some 30,000 drivers who caused accidents in the past year pay more.
Source: SIGAL Insurance Group
Five-year trend
Premium
Market share of the five largest
Lines in Albania
All figures
Motor TPL, FY 2025: average premium €196 per policy, 3.8 claims per 100 policies, average claim €1,699. Prices in every market on the Motor TPL page →
Claims paid in Albania
Insurers paid €84m to their customers in FY 2025, +0.2% on FY 2024 in ALL: €30 for every €100 of premium. Non-life claims were €81m; life insurance benefits €3.3m.
Premium and claims paid, FY 2021–2025
PremiumClaims paid% claims paid per €100 of premium
Claims paid by line, FY 2025
Claims paid in the year by all licensed insurers, before reinsurance; payments for the Compensation Fund are not counted. Source: AMF statistical report. Cash paid in the year, not the claims incurred that the combined ratios on this page are built from. Claims across all markets →
Reinsurance in Albania
Share of non-life premium ceded, by line
Largest cedents
All figures
Capital cover across the market
Groups present
Each group's share of this market, its companies here, and where else it operates.
Profit and capital
Net profit by year
All figures
Each insurer's profit, return on equity and ratios: All insurers, solvency and profit →
Staff and premium per employee
FY 2025 premium over the insurers' reported employees. Agents, banks and group service companies are not employees, so an insurer that sells through others looks more productive: compare insurers of the same type.
Premium per employee, FY 2025
non-lifelife
Size and productivity, FY 2025
Each dot an insurer: employees across (log scale), premium per employee up; the larger the dot, the larger the premium.
By typeMedian per employee
All figures
| Insurer | Type | Employees | Premium €m | Premium per employee |
|---|---|---|---|---|
| Albsig Jetë | life | 12 | 9.6 | €800k |
| Sigal Life | life | 20 | 7.6 | €380k |
| Sigma VIG | non-life | 132 | 32.0 | €242k |
| Sigal | non-life | 305 | 63.9 | €210k |
| Albsig | non-life | 250 | 48.1 | €192k |
| Insig | non-life | 100 | 18.2 | €182k |
| Eurosig | non-life | 198 | 34.6 | €175k |
| Intersig VIG | non-life | 135 | 23.2 | €172k |
| SiCRED | life | 41 | 3.8 | €94k |
Staff: employees as each insurer gives them in its audited financial statements or annual report: the year's average (Sigal, Albsig), the count at 31 December (SiCRED, Sigal Life, Insig) or an undated count in the annual report (Eurosig, Sigma, Intersig); the supervisor publishes none per insurer. Type: life where life insurance is 90% or more of the premium, non-life where it is 10% or less, composite in between. Productivity across all markets →
Questions about Albania
Short answers from the figures on this page.
How big is the Albania insurance market?
Insurers in Albania wrote €277m of premium in FY 2025, +10.6% on FY 2024 in ALL. That is 1.0% of GDP and €117 per person.
Who is the largest insurer in Albania?
Sigal is the largest insurer in Albania with 23.1% of premium (€63.9m) in FY 2025, ahead of Albsig (17.4%) and Eurosig (12.5%); the three largest write 53% of the market.
How many insurance companies are there in Albania?
13 insurers wrote premium in Albania in FY 2025: 8 non-life and 5 life.
Which insurance groups are present in Albania?
Polisa records 4 insurance groups in Albania in FY 2025; the largest by premium are SIGAL 25.8%, Albsig 20.8%, Eurosig 20.4%, VIG 20.0%. Insurers with no group (independent or not in a group) write 12.9% of the premium.
What is the largest line of business in Albania?
Motor TPL is the largest line in Albania with 62.4% of premium (€173m) in FY 2025, then property with 10.4%; life insurance is 9.0% of the market.
How well capitalised are the insurers in Albania?
The median solvency margin of the insurers in Albania was 186% at 31 December 2025: the typical insurer covered its required solvency margin 1.9 times (local rules, not Solvency II). 10 of the 13 insurers publish it.
Spotted a wrong figure? Tell us and include the source.
All insurers
ExcelDownload CSVLicence| Insurer | Premium | Share |
|---|---|---|
| Sigal | 63.9 | 23.1% |
| Albsig | 48.1 | 17.4% |
| Eurosig | 34.6 | 12.5% |
| Sigma VIG | 32.0 | 11.5% |
| Intersig VIG | 23.2 | 8.4% |
| Insig | 18.2 | 6.6% |
| Ansig | 16.2 | 5.9% |
| Atlantik | 15.8 | 5.7% |
| Albsig Jetë | 9.6 | 3.5% |
| Sigal Life | 7.6 | 2.7% |
| SiCRED | 3.8 | 1.4% |
| Insig Jetë | 3.7 | 1.3% |
| Vienna Life | 0.1 | 0.0% |
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). Albania insurance market: market shares, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/markets/al
BibTeXShow entry
@misc{polisa_markets_al_2026,
author = {{Polisa}},
title = {Albania insurance market: market shares, lines, solvency and claims},
year = {2026},
version = {2026-11-11.13378f},
howpublished = {\url{https://polisapro.com/markets/al}},
note = {Accessed 11 November 2026}
}Reuse: Polisa's compilation CC BY 4.0 · source data: AMF (no re-use terms published), Bank of Albania (all rights reserved, exchange rates only).