The insurance industry in Albania is relatively new. Prior to 1991, there were no insurance companies operating in the country. The insurance industry has been undergoing critical changes during the last decade. The life market in Albania is small, and still dominated by credit life insurance. Life insurance was introduced only in 1997 and made up about seven percent of gross written premiums. Risk based supervision was rolled out in 2016, starting...
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Albania : Insurance Market Development (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/437431577710173970