ASA KINDLUSTUS

ANNOUNCEMENT

18.05.99

 

RESULTS OF ASA KINDLUSTUS 04/99

 

The volume of the insurance premiums collected by ASA Kindlustus AS 

during April was 10.520 million EEK (9% more than in March). In four 

months, ASA has collected premiums in the amount of 42.639 million EEK, 

which is 0.07% lower than the respective figure of last year. The claims 

paid in March totaled 6.151 million EEK, and during four months 22.365 

million EEK.

 

The volumes of premiums collected and claims paid by lines of insurance 

are presented in the following table:

 

In million EEK

 

Premiums received             1999       1998   1999 Apr  1998 Apr      Jan-

                        January -  January -                          Apr99/

                              Apr        Apr                          Jan-

                                                                      Apr.98

Motor TPL insurance        28,690     26,160      7,332     6,803      +9,7%

Property insurance          2,854      2,451      0,627     0,805     +16,4%

(private)

Property insurance          6,531     11,986      1,806     3,226     -45,6%

(corporate)

General liability insurance 2,855                 0,448                     

Other                       1,709      2,342      0,307     0,682     -27,1%

Total                      42,639     42,939     10,520    11,516    -0.07 %

                                                                       

 

 

 

In million EEK

 

Claims  (claims paid plus claim            1999       1998   1999 Apr 1998 Apr

handling expenses minus salvage)      January -  January -

                                            Apr        Apr

                                                                            

Motor TPL insurance                      15,221     11,088      4,216    2,584

Property insurance (private)              1,529      1,203      0,433    0,343

Property insurance (corporate)            5,238      4,076      1,348    1,195

General liability insurance              -0,405                -0,259         

Other                                     0,782      1,458      0,413    0,331

                  Total                  22,365     17,825      6,151    4,453

 

 

 

Additional information:

 

Nadja Tarmak

Manager of Financial Division

AB Kindlustuse Grupp

Tel.+372 64 40 542