ESTONIA, FY2012: Non-life insurance driving the double-digit increase of the local market

In 2012, the gross written premiums of insurance companies in Estonia marked a double-digit increase of 10.6% y-o-y. In absolute values, the insurance market has gained in GWP more than EUR 33 million: from EUR 312 million in 2011 to EUR 345 million in December 2012.

Claims paid by insurers amounted to EUR 205 million, according to official data published by the Estonian FSA - Financial Supervision Authority.

The break-down on insurance classes shows that underwritings on life insurance went up by 5.7% y-o-y, reaching almost EUR 73 million. At the same time Estonian general insurers totaled EUR 272 million, increasing 12% y-o-y, or, in absolute value by about EUR 29 million.

Access www.xprimm.com and download the FY2012 Estonian insurance market.

Market portfolio (in EUR):
  • Gross written premiums
  • Paid claims 
  • Growth rates
Life and non-life insurance lines insurance companies ranking (in EUR):
  • Gross written premiums
  • Paid claims 
  • Market shares
  • Growth rates

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