Baltic, Financial Services, Insurance

International Internet Magazine. Baltic States news & analytics Tuesday, 09.06.2026, 09:09

Insurer If achieves EUR 1.4 mln in profit in Baltics in Q1

BC, Riga, 08.05.2013.Print version
Insurance company If P&C Insurance (If) branches in Estonia, Latvia and Lithuania earned EUR 1.4 million (LVL 0.98 million) in consolidated profit in the first quarter of 2013, LETA/Nozare.lv was informed by the company.

In the corresponding period in 2012, If operated with EUR 5.7 million (LVL 3.99 million) in profit.

 

If collected EUR 31.8 million (LVL 22.35 million) in gross premiums in the first three months of 2013, compared to EUR 31.7 million (LVL 22.28 million) in the first three months of 2012.

 

If Latvian branch If Apdrosinasana racked up LVL 5.5 million in gross premiums in the first quarter of 2013, compared to LVL 5.6 million in the same period in 2012.

 

If paid EUR 16.3 million (LVL 11.4 million) in insurance claims in the Baltic countries in the first three months of 2013, compared to EUR 16.5 million (LVL 11.6 million) in the first three months of 2012.

 

If Apdrosinasana paid LVL 2.8 million in insurance claims in the first quarter of 2013, compared to LVL 2.3 million in the first quarter of 2012.






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