
Insurance companies have paid a total of around 60 million euros in damages to cover the damages of their clients, a figure that is also for this year completely dominated by the vehicle segment.
Scan Television has published the official data of the insurance market for the 11 months of the year that we just left behind, where a very strong decrease in accident insurance stands out. From ALL 81.4 million in 2022, they have fallen by a full 44%, to close the 11 months of 2023 in the amount of ALL 44.3 million. Indemnities paid in the insurance portfolios of goods in transport as well as those from fire have marked a sharp drop in 2023, with respectively 63.19% and 50.54%.
While the first in total, for the year 2023, gross paid claims in the insurance market, reached about 6.3 billion ALL, or 3.22% more than in January-November 2022. Most of the paid claims gross belongs to motor insurance with about 4,386 million ALL, nearly 40 million euros or 69.21% of the total gross paid claims.
More specifically, regarding the non-life segment, 53% of the total damages belong to the domestic MTPL product with 3 billion ALL. The insurance of land vehicles ranks second in terms of the share to the total, occupying 13.4% of it, with 775 million ALL.
Although claims paid in the fire and natural disaster insurance portfolio have halved compared to the previous year, it is responsible for 8.68% of the total. Almost at the same level, or 8.54%, is the total amount of claims paid by disease insurance companies, followed by the green card. Damages paid in this portfolio accounted for 8.52% of the total, with 493 million ALL paid during the 11 months of the year we just left.
Guarantee insurance is the other item with a certain weight in the total compensation with 1.6%, while the other portfolios, insurance of liabilities, accidents or goods in transport, are at very low values. Much more modest are the damages paid in the life segment, which, although increasing by 10% compared to a year ago, do not exceed the total of 1.6 billion lek, or almost 16 million euros.