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Vienna Insurance Group - Development of the Albanian Insurance Market

Vienna Insurance Group - Development of the Albanian Insurance Market. June 2008. VIG is the Leading Austrian Insurance Group operating in 23 countries . Albanian Insurance Market by the end of 2007. 000 Euro. AUT.  EU-15. CZ. H. SK. PL. BG. RO. UKR.  CEE. AL. TR.

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Vienna Insurance Group - Development of the Albanian Insurance Market

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  1. Vienna Insurance Group - Development of the Albanian Insurance Market June 2008

  2. VIG is the Leading Austrian Insurance Group operating in 23 countries

  3. Albanian Insurance Market by the end of 2007 000 Euro

  4. AUT  EU-15 CZ H SK PL BG RO UKR  CEE AL TR Overview of Insurance Density Ongoing considerable and long-term growth potential in the CEE markets

  5. Challenges of the Albanian Insurance Market • Products • Development of new products, increased scope • Supervisory influence on market • Motor TPL reform • Mandatory TPL insurance (non motor) • Catastrophe pool • Strengthen the supervisory authority • Market “culture” • Improve understanding and perception of insurance business • Improve cost awareness

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