New Market Research Report: The Insurance Industry in Albania, Key Trends and Opportunities to 2017
Albania has a small but developing insurance industry. The Albanian economy is still undergoing a transition from an erstwhile closed economy to an open market economy. The economy also faced severe pressure as a consequence of the economic crisis sweeping the European region in 2009 and 2010. While the country’s GDP growth rate between 2004 and 2008 averaged over 8%, it dropped to under 3% between 2009 and 2011.
View full press release