Eastern Europe, bordering the Baltic Sea and Gulf of Finland, between Latvia and RussiaClimate:
maritime; wet, moderate winters, cool summers
sometimes flooding occurs in the spring
Currency: EUROSources:The Estonian National Statistics BoardFinancial Supervision Authority of Estonia (Finantsinspektsioon)Estonian Insurance Association (EKL)National Bank of Estonia
|Source of statistics:|
Until 1H2014 - FSA
Starting 3Q2014 - The National Statistics Board
Note: The FSA figures reflects the performance of the insurers registered in Estonia - including their cross- border business. The figures publisehd by the Estonian National Statistics Board - reflects the performance of Estonian insurers and other EU branches - for the insured risks only in Estonia.
|1H2017||Insurance Companies Rankings||xlsx|
|1Q2017||Insurance Companies Rankings||xlsx|
|FY2016||Insurance Companies Rankings||xlsx|
|3Q2016||Insurance Companies Rankings||xlsx|
|1H2016||Insurance Companies Rankings||xlsx|
|1Q2016||Insurance Companies Rankings||xlsx|
|FY2015||Insurance Companies Rankings||xlsx|
|3Q2015||Insurance Companies Rankings||xlsx|
|1H2015||Insurance Companies Rankings||xlsx|
|1Q2015||Insurance Companies Rankings||xlsx|
|FY2014||Insurance Companies Rankings||xlsx|
|3Q2014||Insurance Companies Rankings||xlsx|
|1H2014||Insurance market overview ||pdf|
|1H2014||Insurance companies rankings||xlsx|
|1Q2014||Insurance companies rankings||xlsx|
|FY2013||Insurance market overview ||pdf|
|FY2013||Insurance Companies Rankings||xlsx|
|3Q2013||Insurance Companies Rankings||xlsx|
|1H2013||Insurance market overview ||pdf|
|1H2013||Insurance Companies Rankings||xlsx|
|1Q2013||Insurance companies rankings||xlsx|
|FY2012||Insurance market overview ||pdf|
|FY2012||Insurance Companies Rankings||xlsx|
|3Q2012||Insurance Companies Rankings||xlsx|
|1H2012||Insurance market overview ||pdf|
|1H2012||Insurance Companies Rankings||xlsx|
|1Q2012||Insurance companies rankings||xlsx|
|FY2011||Insurance market overview ||pdf|
|FY2011||Insurance Companies Rankings||xlsx|
|3Q2011||Insurance Companies Rankings||xlsx|
|1H2011||Insurance market overview||pdf|
|1H2011||Market portfolio and rankings||xlsx|
|2010|| Insurance market overview||pdf|
|2010||Market portfolio and rankings||xlsx|
|1H2009||Estonian insurance market overview||pdf|
|1H2009 ||Market portfolio ||xls|
|1H2009 ||Life insurance rankings||xls|
|1H2009||Non-Life insurance rankings ||xls|
|2009||Estonian insurance market overview ||pdf|
|2009||Life insurance rankings||xls|
|2009||Non-Life insurance rankings||xls|
|1H2010||Estonian insurance market overview||pdf|
|1H2010||Life insurance rankings (total & main lines)||xls|
|1H2010||Non-Life insurance rankings (total & main lines)||xls|
Estonian insurance market totaled EUR 315 million at the end of September 2017, up by 10.6% y-o-y, according to quarterly market figures published by the Estonian National Statistics Board.
At the end of October, the Estonian Parliament passed a bill of amendments to the Insurance Activities Act initiated by the government, according to which the European Union's Insurance Distribution Directive (IDD) will be adopted, informs LETA/BNS, quoted by The Baltic Course.
Estonian insurers reported H1 2017 GWP of EUR 207.8 million, 9.5% more compared with January-June 2016, according to the market figures published by the Estonian National Statistics Board.
Estonian insurers reported in Q1 2017 GWP of EUR 99.7 million, up 8.6% y-o-y, according to the quarterly figures published by the Estonian National Statistics Board.
Estonia has allowed the testing of self-driving cars on the country's roads; however, an additional condition is that the vehicle must also have a driver who can take control if needed.
Insurers operating on the Estonian market reported total GWP of EUR 388 million for the financial year 2016, up by 7.4% y-o-y, according to the market data published by the Estonian National Statistics Board. The value of life GWP increased by 3.9% y-o-y, to EUR 85.7 million (22.1% of the total market), while Estonian general insurers posted GWP of EUR 302.3 million, 8.5% more y-o-y.
Estonian insurers posted aggregate GWP of EUR 285 million at the end of September, up by 6.7% y-o-y, according to quarterly market figures published by the Estonian National Statistics Board. The total value of life GWP was down by 0.4% y-o-y to EUR 60.2 million, while the non-life segment totaled EUR 224.8 million, or 8.7 %more y-o-y.
Estonian insurers reported H1 GWP of EUR 190 million, 6.3% more compared with January-June 2015, according to the market figures published by the Estonian National Statistics Board. At the same time, the value of paid claims increased by 13.7% y-o-y, to EUR 112 million.
Alerted by the increase of terrorist attacks in the West, a couple of Estonian insurance companies have added the costs related to risk factor to their basic packages.
Estonian insurers reported in Q1 2016 GWP of EUR 91.78 million, up 5.21% y-o-y, according to preliminary aggregate market figures published by the Estonian National Statistics Board. Per insurance classes, the total value of GWP on the life segment was down by 4.18% y-o-y to EUR 19 million (20.69% of the total market), while the value of non-life GWP totaled EUR 72.79 million, 7.97% more y-o-y.
Even though residents of Estonia are better prepared for retirement than people in Latvia and Lithuania, more than 70% of Estonians don't believe that the present pension system is sustainable, it appears from the Baltic Retirement Readiness Index Survey based on a poll taken by TNS, cites LETA.
Last year, the Estonian insurance market posted total gross written premiums of EUR 361.2 million, up by 6% y-o-y, according to FY2015 preliminary market figures published by the Estonian National Statistics Board. Claims paid during the period were up by 9.2% y-o-y to EUR 207 million. It's worth mentioning that the figures published by the Estonian National Statistics Board reflect the performance of Estonian insurers and other EU branches for the insured risks only in Estonia.
Non-life insurance premiums collected by Estonian insurance companies in November 2015 totaled 22.6 million euros, 5.4% more than in the same month last year, figures available from Statistics Estonia show, cites LETA/BNS.