ASA KINDLUSTUS AS

ANNOUNCEMENT

20.07.99

 

FINANCIAL RESULTS OF ASA KINDLUSTUS AS 06/99

        

ASA Kindlustus AS has collected insurance premiums in June for 

10.04 

million EEK. Total volume of premiums collected in H1 1999 is 60.93 

million EEK.

 

ASA Kindlustus AS has paid claims in H1 1999 for total of 33.95 

million 

EEK, incl. 5.29 million EEK in June.

 

Financial results, compared to H1 1998

 

                         H1 1999        H1 1998         change

Gross premiums             60.93          63.45           - 4%

Claims paid                33.95          28.80          + 17%

 

Structure of insurance premiums collected by ASA Kindlustus AS in 

H1 is 

the following: motor TPL insurance 41.29 million EEK, corporate 

kasko 

insurance 7.32 million EEK, private kasko insurance 2.11 million 

EEK, 

general liability insurance 3.33 million EEK and private property 

insurance 2.13 million EEK.

 

 

Aleksandr Zaporozhtsev

ASA Kindlustus AS

Manager of Financial Department

Tel. + 372 2 42 52 98