Kosovo’s controversial car insurance hikes
Transparency and legality of Central Bank’s decision questioned.
|2020.03.31
|
“To register a car, a driver now needs no less than 300 euros.”
The appointed actuary had just two years experience as a licensed professional — the minimum experience required for this position.
The Insurance Association of Kosovo said that insurance companies have continued to work with negative annual balances.
Given the decision to increase car insurance was taken by a public institution, the KCA does not have the authority to penalize the insurance companies.
Arian Lumezi
Arian Lumezi is an editor at K2.0. He holds a master’s degree in International Journalism from Cardiff University, pursued through a Chevening scholarship.
This story was originally written in English.