The year 2025 marked a period of consolidation and sustainable growth for SIGMA Vienna Insurance Group, both in terms of total gross written premiums and across its key insurance segments, where the company significantly improved its performance compared with 2024.

According to official data from the Albanian Financial Supervisory Authority’s annual statistical report, SIGMA VIG increased its gross written premiums from approximately ALL 2.82 billion in 2024 to over ALL 3.13 billion in 2025, recording an annual growth rate of around 10.8%. At the same time, the company further strengthened its market position, expanding its market share to 12.69%.

The company, part of the Austrian insurance group Vienna Insurance Group, also paid out more than ALL 1 billion in gross claims during the year, responding in a timely manner to policyholders’ claims. The largest share of claims payments related to motor insurance, where ALL 977 million were paid, representing the highest growth rate in the market, at 25.4% compared with 2024. Claims payments also increased across other insurance classes, including property and health.

Strong performance in motor insurance

Motor insurance remains the backbone of activity across the Albanian insurance market, and SIGMA recorded notable growth in this segment in 2025. Gross written premiums from motor insurance reached approximately ALL 2.6 billion, up from ALL 2.4 billion in 2024, corresponding to an annual increase of around 11.7%. Within this segment, Third Party Liability (TPL) insurance continues to account for the largest share of the portfolio.

Property insurance supports portfolio diversification

Performance in property insurance was also positive, confirming its strategic importance for portfolio diversification. In 2025, SIGMA generated approximately ALL 299 million in gross written premiums from property insurance, compared with around ALL 260 million in 2024, marking an increase of 11%. This segment benefited from rising demand for asset protection, particularly against fire and natural catastrophe risks, gradually reducing the company’s reliance on motor insurance.

Stable development across other non-life segments

In other non-life insurance lines—including accident and health, liability insurance, and various other risk classes—SIGMA maintained stability and recorded modest premium growth. These segments contributed to a more balanced portfolio and supported improved financial resilience compared with 2024.

A more balanced and resilient portfolio

Overall, segment-level analysis shows that SIGMA’s growth in 2025 was supported by several key products: strong expansion in motor insurance, a marked increase in property insurance, and steady development in other insurance lines. Compared with 2024, the 2025 portfolio appears more balanced, more diversified, and more resilient to risk.

This performance confirms that SIGMA Vienna Insurance Group is pursuing a more mature growth strategy, combining volume expansion with improved business quality and a strengthened competitive position in the Albanian insurance market.

Article published at SIGMA Outperforms the Market in 2025, Driven by Property and Motor Insurance - Ekofin