News

10 Reasons why you should hire Albanians!

April 30, 2024

People often ask me why I chose to found an actuarial consulting firm in Albania. Here are my top ten reasons... Reason #1: Educated Workforce Did you know that Albania's labor force with an advanced education was 75.46% in 2019? According to Trading Economics, labor force with advanced education (%…

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IFRS 17

October 30, 2023

Have you ever wondered… What is IFRS 17? Why is it important? How does it work? What does it apply to? When does it go into effect? The following is a basic primer for beginners, answering all these questions and more! Information will be added weekly. Stay tuned!

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Dear Albania, I Know That You Know That I’m Not an Italian

September 12, 2023

Dear Albania, I think it's cool and I'm duly impressed that you speak fluent Italian. But I know that you know that I do not. Do I look like the hundreds of medical tourists from Italy, who despite their heavily bandaged, once-Roman noses, manage to evoke effortless refinement and personal…

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Missing “It”

May 3, 2022

I have spent the last six months in Tirana studying the Albanian language. The language is complex and beautifully unique, but in my opinion it has one glaring flaw. There is no word in Albanian for it. Sure, if you ask Google Translate, they will give you a word. But…

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Uniting Old and New

February 28, 2022

Let me tell you about this building in the center of Tirana. When modern developers set their sights on this valuable land, they had a problem. A centuries-old old historical structure was taking up coveted space. Instead of razing the old building to make way for the new, the developers…

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Lisa Foreman FSA, MAAA

February 21, 2022

Lisa is a consulting actuary living and working in Tirana, Albania. She has 20 years of experience in the life insurance industry in the United States, has worked for stock and mutual life insurance companies in the U.S., and as a consultant. Lisa has worked on life, annuity and group…

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Top Nine Reasons for Americans to Invest in Albania

February 14, 2022

Adapted from the Albanian Investment Development Agency  Liberal Investment Climate – the Albanian government is eager to increase direct foreign investments, allowing 100% ownership for foreign companies. Albania is committed to developing a stable business climate, implementing reforms, investing in infrastructure, and reducing national debt. Competitive Labor Cost – Albania…

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