Last update: 06.07.2024 18:05 (GMT+3)

Insurance group (IG) "Balta" in July, 2000 has signed in non-life insurance premiums LVL 1 799

14.08.2000, , RIG

Insurance group (IG) "Balta" in July, 2000 has signed in non-life
insurance premiums LVL 1 799 766, but in life insurance premiums - LVL
55 854.
IG "Balta" in July, 2000 has paid out in insurance compensations LVL
526 371;
that is 33,3% from all compensations paid out in Latvia. In risk
insurance IG "Balta" has paid out LVL 501 998 and in life insurance LVL
24 374.
As a result in first 7 month of 2000 IG "Balta" has signed in non-life
insurance premiums LVL 10 771 769, but in life insurance premiums - LVL
662 000. Insurance compensations paid out during this period are LVL 5
008 104 and LVL 240 848
respectively. Average compensation level in IG "Balta" is 46.3%.
According to Insurance Surveillance Inspection data for 7 month IG
"Balta" contains 21% of risk insurance and 29% of life insurance
market. Therefore IG "Balta" has retained leading position in Latvian
insurance market.

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