LEKS KINDLUSTUSE AS

ANNOUNCEMENT

17.11.1999

 

COMMENTARY TO THE FINANCIAL RESULTS 10/99

 

During ten months of 1999, Leks Kindlustus has collected insurance 

premiums for total of 169.5 million EEK, incl. 19.1 million EEK in 

October. During the same period, Leks Kindlustus has paid claims in 

total amount of 87.5 million EEK, incl. 8 million EEK in October.

 

Premiums collected by Leks Kindlustuse AS in 10 (ten) months, in 

million EEK

 

				1999  		1998  	   change (%)

				10 months	10 months

 

Gross premiums		       169.5		161.9		+4.7

Claims paid			87.5 		93.9		-6.8

 

Premiums collected in October, in million EEK

 

				1999  		1998  	   change (%)

				October		October

 

Gross premiums		        19.1		16.3		+18

Claims paid			8	 	10.9	    	-26.6

 

 

Structure of premiums collected by Leks Kindlustus in 10 months: 

motor TPL insurance premiums 68.4 million EEK, corporate property 

insurance 15.1 million EEK, corporate kasko insurance 46.2 million 

EEK, private kasko insurance 13.9 million EEK and private property 

insurance 12.2 million EEK.

 

Premiums by lines of insurance, in million EEK

 

						1999  		1998

						10 months	10 months

 

corporate property insurance			15.1		14.1

motor TPL insurance				68.4		58.8

private property insurance			12.2		10.1

corporate kasko insurance			46.2		49

private kasko insurance		 		13.9		11.8

 

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

insurance premiums increased by 20% and private kasko insurance 

premiums by 17%. 

 

Service fees from motor TPL insurance contracts in ten months amounted 

to 6.6 million EEK. 			

 

 

Pille Eikner

Public relations manager

+372 66 58 200