LEKS KINDLUSTUSE AS

ANNOUNCEMENT

20.09.1999

 

 

COMMENTARY TO THE FINANCIAL RESULTS 08/99

 

During eight months of 1999, Leks Kindlustus has collected insurance 

premiums for total of 136 million EEK, incl. 15.2 million EEK in August. 

During the same period, Leks Kindlustus has paid claims in total amount 

of 71.5 million EEK, incl. 7.9 million EEK in August.

 

Premiums collected by Leks Kindlustuse AS in 8 (eight) months, in 

million EEK

 

                           8 mos 1999      8 mos 1998      change (%)

 

Gross premiums                  136.0           129.2           +5.3

Claims paid                      71.5            68.5           +4.4

 

 

Premiums collected by Leks Kindlustuse AS in August, in million EEK

 

                                1999            1998       change (%)

 

Gross premiums                  15.2            14.3             +6.4

Claims paid                      7.9             8.9            -10.5

 

 

Structure of premiums collected by Leks Kindlustus in 8 months: motor TPL 

insurance premiums 49.2 million EEK, corporate property insurance 12.4 

million EEK, corporate kasko insurance 38.9 million EEK, private kasko 

insurance 11.9 million EEK and private property insurance 9.6 million EEK.

 

Premiums by lines of insurance, in million EEK

 

                                  8 mos 1999              8 mos 1998

 

corporate property insurance            12.4                    11.0

motor TPL insurance                     49.2                    44.1

private property insurance               9.6                     7.8

corporate kasko insurance               38.9                    37.3

private kasko insurance                 11.9                     9.3

 

 

Compared to the same period last year, the volume of private property insurance 

premiums increased by 22% and private kasko insurance premiums by 28%.

 

Service fees from motor TPL insurance contracts in 8 months amounted to 5.2 

million EEK. 

 

 

Pille Eikner

Public Relations Manager

+372 66 58 200