The Albania Financial Services Authority has published the agenda for its Board meeting on 26 March 2025, which includes proposed approvals of the authority’s 2024 annual report and 2024 audited financial statements, alongside a set of insurance and market-supervision decisions. Items for consideration also include information on the authority’s 12-month 2024 budget execution and an update on the financial condition of the private pension funds and collective investment undertakings (SIK) markets based on financial statements as of 31 December 2024. Draft decisions cover approval of technical provisions for insurers operating in life and non-life classes and approval of the risk premium for compulsory motor insurance, as well as corporate actions for supervised entities including amendments to Albsig’s statute and appointments or reappointments to governance roles at GrECo Albania Insurance & Reinsurance Broker, Star broker, and the Albanian Securities Exchange (ALSE).
Albania Financial Services Authority 2025-03-17
Albania Financial Services Authority schedules Board meeting to consider approving its 2024 annual report and audited accounts and to set insurance technical provisions and compulsory motor risk premium
The Albania Financial Services Authority's Board meeting on 26 March 2025 will cover approvals of the 2024 annual report, audited financial statements, insurance and market-supervision decisions, and updates on private pension funds and collective investment undertakings. Draft decisions include technical provisions for insurers, risk premiums for compulsory motor insurance, and corporate actions for supervised entities, such as amendments to Albsig’s statute and governance appointments at GrECo Albania Insurance & Reinsurance Broker, Star broker, and the Albanian Securities Exchange.