Estonia, EU – Baltic States, Financial Services, Latvia, Lithuania

International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 16:06

Co If profit reached EUR 5.5 mn in Lithuania, Latvia, Estonia in H1

BC, Vilnius, 07.08.2013.Print version
In the first half of 2013, the consolidated profit of insurance company If in the Baltic countries amounted to LTL 19 million (EUR 5.5 million), reported LETA/ELTA.

During the first half of 2013, the volume of written gross premiums in the Baltic market by If comprised LTL 212 million (EUR 61.4 million), it is by 0.6 percent more compared to the same period last year.


Over this half of this year, LTL 111 million (EUR 32 million) have been paid out in claims in Baltics, it is by 13 percent more compared to the corresponding period in 2012.


The number of If clients increased by 1.7 percent to 370,000.


In Lithuania, volume of written gross premiums comprised LTL 49.5 million (EUR 14.3 million), it is by LTL 1 million (EUR 289,620) more compared to the same period last year. LTL 25.6 million (EUR 7.4 million) have been paid out in claims, while, in the first half of 2012, LTL 18 million (EUR 5.2 million) were paid out in claims.






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