Of the five highest paid individual damages in the first six months of this year, two are for property insurance with a total value of 335.000 euros. For coverage of compulsory motor third party liability, the highest paid amount is 173.000 euros, and a company paid 101.000 euros for green card coverage, while 80.000 euros were paid to an insured for cargo insurance (i.e. goods in transit insurance).
The highest paid damage covered with an insurance policy is 12,28 million denars (200.000 euros) and it was paid for property insurance. The damage was collected by a legal entity insured with the non-life insurance company ADOR “Macedonia”, according to the official data of the Insurance Supervision Agency (ISA) for the first six months of this year.
The second damage in terms of value, in the first half of this year, was paid in the class of compulsory motor third party liability insurance. It amounts to 10,66 million denars (173.000 euros) and was paid by “Euroins Insurance”.
The third individual highest damage was paid by ADOR “Macedonia” also on the basis of a property insurance policy. Its value is 7,1 million denars (115.000 euros), and the recipient of the compensation is a legal entity.
Next according to the paid value is the largest individual damage in the green card class. It amounts to 6,2 million denars (101.000 euros) paid by “Halk Insurance”. The most valuable damage in the cargo class (wherewith goods in transit are insured) is 4,9 million denars (80.000 euros) and was paid by the company “Triglav Insurance”.
In the accident insurance class, which has the highest number of active insurance contracts of all other classes of voluntary insurance, the highest damage was paid by the company “Eurolink” and it amounts to 3,57 million denars (58.000 euros).
Next is the highest amount of damage paid for a motor vehicle with casco insurance and it amounts to 1,78 million denars (29.000 euros), paid by “Winner VIG”. The highest amount of damage for travel insurance in the first half of the year was paid by “Sava Insurance” and it amounts to 934.000 denars (15.200 euros).
In the most current type of voluntary non-life insurances – private health insurance, the highest damage was paid by the company “Halk Insurance”. It amounts to 615.000 denars (10.000 euros).
Financial loss insurance is a voluntary class of insurance that has great potential and despite its small market share, it has grown significantly. In this period, the highest amount of damage that was paid in this insurance class is 468.000 denars (7.600 euros) and it is covered by “Sava Insurance”.
In the first six months of this year, citizens, companies and institutions collected a compensation of 1,94 billion denars (31,5 million euros) for damages covered by non-life insurance policies. Non-life insurance companies in the first half of this year paid 319,5 million denars (5,2 million euros) or 20 percent more damages compared to the same period last year.
The Insurance Supervision Agency (ISA) is an independent regulatory body that regulates the insurance market, supervises the operation of insurance companies, takes care of the protection of the rights of the insured and contributes to the financial education of the population.