In the first six months of this year the insurance companies paid the total of 35,163 damages for non-life insurance, whereby the insured collected EUR 31.5 million i.e. 20% more than last year. The private health insurance has the highest increase of paid damage i.e. by 68% compared to the same period last year.
In the first six months of this year the insured collected 35,163 damages from the insurance companies. That is 15% increased number of paid damages for non-life insurance compared to the same period last year. In the first six months of this year, 11 insurance companies for non-life insurance paid damages in the total amount of MKD 1.94 billion (EUR 31.5 million). The aforementioned shows an increase by 20% compared to the first six months in 2020, as presented in the official data of the Insurance Supervision Agency (ISA).
The highest increase of the number of paid damages in this period is recorded in the private health insurance – class with the highest increase during the health pandemic caused by the COVID 19 virus. In the period January – June this year, the total of 9,144 damages covered with insurance contracts were paid, i.e. there is an increase in the number of paid damages by 68% compared to the same period last year. In the first six months of this year, the insured collected the total of MKD 92.6 million (EUR 1.5 million) for private health insurance coverage.
With regards to property insurance, the highest class of voluntary insurance according to the value of investments in policies, the total of 4,022 damages were paid for six months. That is an increase by 3% compared to the same period last year. Based on such damages, the insured collected MKD 292.1 million (EUR 4.75 million).
With regards to the most used voluntary class – accident insurance, the total of 3,573 damage claims were paid, i.e. same as last year. The value paid by the insurance companies to the insured amounts in MKD 249.4 million (EUR 4.05 million).
Based on Casco insurance for motor vehicles, 3,661 damages were paid i.e. by 3% less compared to last year. The insurance companies paid MKD 224.1 million (EUR 3.6 million) to the insured for such damages.
As expected, the highest number of paid damages is for the legally mandatory car liability insurance. The total of 13,603 damages were paid with regards to the aforementioned, which is by 19% more compared to the same period in 2020. The value of the paid damages in this insurance class for this period amounts in MKD 875.9 million (EUR 14.24 million).
The Insurance Supervision Agency (ISA) is an independent regulatory body which regulates the insurance market, supervises the operation of the insurance entities, takes care of the protection of the rights of the insured and contributes to financial education and inclusion of the population.