ASA KINDLUSTUS

ANNOUNCEMENT

19.04.99

 

RESULTS OF ASA KINDLUSTUS 03/99

 

 

The volume of the insurance premiums collected by ASA Kindlustus AS 

during March was 9.647 million EEK. In three months, ASA has collected 

premiums in the amount of 32.119 million EEK, which is 2% higher than 

the respective figure of last year. The claims paid in March totaled 

6.952 million EEK, and during three months 16.214 million EEK.

 

The volumes of premiums collected and claims paid by lines 

of insurance are presented in the following table:

 

Mln.EEK

Premiums received 	     1999     1998     1999     1998     Q1 99/

                          January  January    March    March     Q1 98

                          - March  - March

 

Motor TPL insurance	   21.358   19.357    6.283    6.035      +10%

Property insurance	    2.227    1.646    0.678    0.460      +35%

(private)

Property insurance 	    4.625    8.760    1.615    2.795      -47%

(corporate)

General liability insurance 2.407             0.611                   

Other                       1.502    1.660    0.460    0.605      -10%

                   Total   32.119   31.423    9.647    9.895       +2%

                                                                      

 

Mln.EEK

Claims  (claims paid 		1999     1998     1999     1998

plus claim handling 	     January  January    March    March

expenses minus 		     - March  - March

salvage)

Motor TPL insurance	      11.005    8.504    4.923    3.129

Property insurance	       1.096    0.860    0.342    0.524

(private)

Property insurance	       3.890    2.881    1.879    1.020

(corporate)

General liability insurance   -0.146            -0.369         

Other                          0.369    1.127    0.177    0.895

                  Total       16.214   13.372    6.952    5.568

 

 

Additional information:

 

Nadja Tarmak

Manager of Financial Division

AB Kindlustuse Grupp

Tel.+372 64 40 542