LEKS KINDLUSTUSE AS

ANNOUNCEMENT

18.08.1999

 

FINANCIAL RESULTS OF LEKS KINDLUSTUS 07/99

 

During seven months of 1999, Leks Kindlustus has collected insurance 

premiums for total of 120.4 million EEK, incl. 18.2 million EEK in 

July. Leks Kindlustus has paid claims in 7 months in total amount 

of 63.6 million EEK, incl. 7.6 million EEK in July.

 

Premiums collected by Leks Kindlustuse AS in 7 (seven) months, in 

million EEK

 

                           7 mos 1999      7 mos 1998      change (%)

 

Gross premiums                  120.4           113.4           +6.2

Claims paid                      63.6            59.6           +6.7

 

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

 

                           7 mos 1999     7 mos 1998       change (%)

 

Gross premiums                  18.2            16.3            +11.1

Claims paid                      7.6             6.6            +15.5

 

Structure of premiums collected by Leks Kindlustus in 7 months of 

1999: motor TPL insurance premiums 43.7 million EEK, corporate 

property insurance 10.8 million EEK, corporate kasko insurance 32.8 

million EEK, private kasko insurance 10.6 million EEK and private 

property insurance 8.3 million EEK.

 

Premiums by lines of insurance, in million EEK

 

                                  7 mos 1999              7 mos 1998    

 

corporate property insurance            10.8                    10.1

motor TPL insurance                     43.7                    39.6

private property insurance               8.3                     6.8

corporate kasko insurance               32.8                    32.2

private kasko insurance                 10.6                     8.3

 

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

insurance premiums increased by 22% and private kasko insurance 

premiums by 27%.

 

 

Claims paid by lines of insurance

In million EEK

 

                                  7 mos 1999              7 mos 1998    

 

corporate property insurance             4.2                     2.7

motor TPL insurance                     21.7                    17.1

private property insurance               2.0                     2.8

corporate kasko insurance               21.8                    24.8

private kasko insurance                  9.1                     4.9

 

Service fees from motor TPL insurance contracts in 7 months amounted 

to 4.5 million EEK. 

 

 

Pille Eikner

Public Relations Manager

+372 66 58 200