Insurance market in Albania under investigation

Insurance market in Albania under investigation
The competition authority in Albania has examined the activity of the insurance market in 2018.  As a result, the authority of competition has decided to make the necessary recommendations to the financial watchdog, which is also the authority that regulates this market.

The authority of competition has decided to open an investigation on the sale of insurance policies by commercial banks. The authority of competition has also demanded the financial watchdog to regulate the markets that are subject to its activity with the aim of guaranteeing honest competition by taking concrete measures. /ibna/