SiCRED continues to play an important role in the life insurance market, being ranked at the second place according to the gross written premiums.


SiCRED introduces “Life Insurance (with Survival benefits)”. This insurance product guarantees a monetary sum (Sum Assured) payable in case of death or survival of the insured. This product enables the insured to insure his/her life and to save on regular basis with a minimum guaranteed annual interest rate of 1.2%, to participate in the profit achieved by the insurance company form this product category and furthermore to enhance his/her benefits by choosing the riders of accident insurance as well as critical illness insurance.
SiCRED is the first insurance company in the Albanian market to offer a combination of life insurance with long-term savings and critical illness insurance that provides to the insured a monetary amount in case of diagnosis of one of the critical illness during the insurance period.


SiCRED Pension Fund Management Company changed its name, as a result of the majority changes in the ownership, into CREDINS INVEST sh.a.– Pension Fund and Undertakings for Collective Investment Management Company, which now operates not only in the management of pension funds, but also in the management of the collective undertakings investments as well.
CREDINS Invest sh.a. was licenced by Albanian Financial Supervisory Authority on 30 May 2016 to manage the collective investment undertakings. Currently, CREDINS Invest sh.a. manages to funds:
– “CREDINS Pension” voluntary pensions fund; and
– “CREDINS Premium” Investment Fund