Last update: 30.06.2024 18:10 (GMT+3)

ASA Kindlustus: Commentary to the financial results 01/99

16.02.1999, ASA Kindlustus, TLN
ASA KINDLUSTUSE AS
ANNOUNCEMENT
16.02.99


COMMENTARY TO THE ASA KINDLUSTUS AS FINANCIAL RESULTS OF 01/99

The volume of the insurance premiums collected by ASA Kindlustus
AS during January was 12.92 million EEK, which is 1% higher than
the respective figure of January 1998 and 36% higher than in
December 1998 (9.485 million EEK). The claims paid totaled 4,486
million EEK in January.

The volumes of the premiums collected and claims paid by lines
of insurance are presented in the following table:

Million EEK
Premiums received 1999, 1998, Jan 1999/
January January Jan 1998

Motor TPL insurance 8,659 7,831 106%
Property insurance (private) 0,470 0,728 65%
Property insurance (corporate) 0,395 2,400 16%
Accident insurance 1,307 -
Other 2,091 1,842 135%
Total 12,922 12,801 101%

Million EEK
Claims (claims paid plus 1999 1998
claim handling expenses January January
minus salvage)

Motor TPL insurance 2,974 2,500
Property insurance (private) 0,133 0,232
Property insurance (corporate) 0,199 0,261
Accident insurance 0,154 -
Other 1,026 0,310
Total 4,486 3,303


Nadja Tarmak
AB Kindlustuse Grupp
Manager of the Financial Division
Tel. +372 6 440 542

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