Last update: 03.07.2024 20:02 (GMT+3)

JSC "Balta" financial results for the first 9 month of 1999

01.11.1999, , RIG

In first 9 month of 1999 JSC "Balta" has signed LVL 12 157 963 in
insurance premiums, Of this, LVL 5 257 152 were received as mandatory
third party motor liability insurance premiums and LVL 6 900 811 were
voluntary insurance premiums.
During this period JSC "Balta" total insurance compensations paid out
during this period were LVL 4 945 351, compensation level 41,1%. Profit
for the first 9
month before taxes is LVL 1 069 994. Therefore JSC "Balta" based on
financial indicators for the first 9 month has retained leaders
position in premiums subscribed 19% of non-life insurance market and
22% by paid - out compensations.

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