Financial Services, Good for Business, Insurance, Latvia
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Sunday, 21.04.2019, 05:42
Premium subscription by Coface credit risk insurer grows 20% in Baltics in 2018
BC, Riga, 06.02.2019.
Print version
Print versionPremium subscription by Coface credit risk insurance in the Baltic states last year rose by 20% to EUR 5.446 mln, the company informed LETA.
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The claims paid in the Baltic states amounted to EUR 2.484 mln.
Last year Coface
subscribed 229 insurance agreements in the Baltic states, growing 10% from
2017.
According to Coface,
the main export destinations for the Baltic states last year were Germany,
Latvia and Estonia, while the biggest increase were for exports to Finland (44%)
and Switzerland (27%).
The insurance sectors that saw the biggest rise in the
Baltic region included transport sector, chemical industry, timber and
furniture production.
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