LEKS KINDLUSTUSE AS

ANNOUNCEMENT 

18.10.1999

 

 

COMMENTARY TO THE FINANCIAL RESULTS 09/99

 

During nine months of 1999, Leks Kindlustus has collected insurance 

premiums for total of 151.4 million EEK, incl. 151.4 million EEK in 

September. During the same period, Leks Kindlustus has paid claims 

in total amount of 79.6 million EEK, incl. 7.9 million EEK in 

September.

 

Premiums collected by Leks Kindlustuse AS in 9 (nine) months, in 

million EEK 

 

			1999 		1998 	   change (%)

			9 months	9 months

 

Gross premiums		151.4		144.5		+4.7

Claims paid		 79.6 		 77.9		+2.1

 

Premiums collected in September, in million EEK

 

			1999 		1998 	     change (%)

			9 months	9 months

 

Gross premiums		15.4		15.3		 +0.5

Claims paid		 7.9	 	 9.4	    	-15.4

 

 

Structure of premiums collected by Leks Kindlustus in 9 months: 

motor TPL insurance premiums 54.6 million EEK, corporate property 

insurance 13.6 million EEK, corporate kasko insurance 43.2 million 

EEK, private kasko insurance 12.4 million EEK and private property 

insurance 10.8 million EEK.

 

Premiums by lines of insurance, in million EEK

 

						1999 		1998

					    9 months	    9 months

 

corporate property insurance			13.6		 9.9

motor TPL insurance				54.6		46.5

private property insurance			10.8		 8.7

corporate kasko insurance			43.2		34.9

private kasko insurance		 		12.4		10.3

 

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

insurance premiums increased by 25% and corporate property insurance 

premiums by 38%.

 

Service fees from motor TPL insurance contracts in nine months amounted 

to 5.8 million EEK.

 

 

Pille Eikner

Public Relations Manager

+372 66 58 200