Macedonia (FYROM)

Introduction: 

Macedonia or North Macedonia as it recently changed its name is a landlocked country in the Balkan Peninsula. It is an EU candidate country with a population of above 2.1 million inhabitants. The national currency is the Macedonian denar.

The stable regulatory system, as well as socio-economic factors, support the favorable outlook of the insurance sector in its modest volume. The non-life sector accounts for the major part of premiums written in the market.

 

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