9 9 1 ▁as ▁a ▁government - owned ▁mon opol y , ▁it ▁was ▁the ▁first ▁ins urance ▁company ▁to ▁operate ▁in ▁Alban ia ▁and ▁it ▁has ▁played ▁a ▁defining ▁role ▁in ▁the ▁creation , ▁development ▁and ▁cons olid ation ▁of ▁this ▁business ▁in ▁the ▁country ' s ▁economy . ▁ ▁IN SI G ▁car ries ▁out ▁its ▁activities ▁mainly ▁in ▁the ▁field ▁of ▁ins urance ▁by ▁the ▁offering ▁of ▁life ▁and ▁general ▁ins urance ▁products ▁and ▁services . ▁The ▁company ▁has ▁expanded ▁its ▁operations ▁outside ▁the ▁territory ▁of ▁Alban ia ▁by ▁opening ▁new ▁subs idi aries ▁in ▁neighbour ing ▁Kos ovo ▁and ▁North ▁Mac ed onia . ▁ ▁Eu ros ig ▁bought ▁both ▁the ▁life ▁and ▁non - life ▁ins urance ▁business es ▁of ▁Ins ig ▁from ▁Alban ia ' s ▁government ▁for ▁ 2 . 2 ▁billion ▁le ks ▁($ 1 7 . 9 ▁million / 1 6 . 3 ▁million ▁euro ) ▁in ▁May ▁ 2 0 1 6 . ▁- ▁See ▁more ▁at : ▁ ▁In ▁May ▁ 2 0 1 6 , ▁the ▁Alban ian ▁Government ▁sold ▁the ▁life ▁and ▁general ▁ins urance ▁business ▁of ▁IN SI G ▁for ▁ 2 . 2   b ill ion ▁le ks ▁( 1 7 . 9   mill ion , ▁or ▁ 1 6 . 3   mill ion ▁eu ros ). ▁ ▁References ▁ ▁Category : Fin an cial ▁services ▁companies ▁established ▁in ▁ 1 9 9 1 ▁Category : In sur ance ▁companies ▁of ▁Alban ia ▁Category :