LEKS KINDLUSTUSE AS

ANNOUNCEMENT

 

 

COMMENTARY TO THE FINANCIAL RESULTS 11/99 

 

During eleven months of 1999, Leks Kindlustus has collected insurance premiums for 

total of 192.6 million EEK, incl. 17.6 million EEK in November.

 

Compared to the same period last year, the volume of insurance premiums has increased 

by 10% in eleven months.

 

During the same period, Leks Kindlustus has paid claims in total amount of 97.2 million 

EEK, incl. 9.7 million EEK in November.

 

Premiums collected by Leks Kindlustuse AS in 11 (eleven) months, in million EEK 

 

			1999  		1998  	      Change (%)

			11 months  	11 months

 

Gross premiums   	192.6		176.1	  	+9.4

Claims paid		97.2 		103.9		-6.5

 

Premiums collected in November, in million EEK

 

 

			1999  		1998  	      Change (%)

			November	November

 

Gross premiums		17.6		15.2		+16

Claims paid		9.7	 	10	    	-2.8

 

Structure of premiums collected by Leks Kindlustus in 11 months:

motor TPL insurance premiums 76.5 million EEK (compared to the same period last year, 

the increase is 28%), corporate property insurance 16.5 million EEK, corporate kasko 

insurance 50.6 million EEK, private kasko insurance 15.1 million EEK and private 

property insurance 13.5 million EEK.

 

Premiums by lines of insurance, in million EEK, 1999

 

				11 months   11 months   growth (%)

 

Corporate property insurance	16.5		16	    3

Motor TPL insurance		76.5		59.8	   28

Private property insurance	13.5		11.2	   21

Corporate kasko insurance	50.6		53.2	   -5

Private kasko insurance		15.1		12.9	   17

 

Premiums by lines of insurance, in million EEK in November, 1999

 

				November	November  growth (%)

 

Corporate property insurance	1.4		1.5	    -2

Motor TPL insurance		8.1		6.3	    29

Private property insurance	1.3		1	    22

Corporate kasko insurance	4.4		4.2	     5

Private kasko insurance		1.2		1	    14

 

Service fees from motor TPL insurance contracts amounted to 7.4 million EEK in eleven 

months.

			

 

Pille Eikner

Public Relations manager

+372 66 58 200