Baltic, Financial Services, Insurance
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Tuesday, 23.04.2024, 08:30
If earns EUR 17 mln in Baltics in 2014
BC, Riga, 12.02.2015.
Print version
Print versionThe Estonia-registered insurance company If P&C Insurance and its subsidiaries in Latvia and Lithuania earned EUR 17 million in 2014, which is 28.8% more than in 2013, when the company earned EUR 13.2 million, If Apdrosinasana spokeswoman Daiga Bluke informed LETA.
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The amount of gross premiums written in 2014 amounted to EUR 122.6 million, (in 2013 – EUR 117 million).
The amount of gross premiums written by If P&C Insurance subsidiary in Latvia (If Apdrosinasana) amounted to EUR 28.1 million in 2014, (in 2013 – EUR 26.5 million).
The company's combined index in the Baltics was 87% (previously – 89%). The company's loss index was 56.5% (previously – 60%), cost index – 30.5% (previously – 28.5%).
If has more than 340,000 clients in the Baltic States. The company fully belongs to If P&C Insurance Holding Ltd, a subsidiary of Sampo Plc.
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