in eastern Europe, bordering the Baltic Sea, between Estonia and Lithuania

maritime climate with wet, moderate winters

Natural hazards:

Currency: Lats (LVL)

1 EUR = 0.702804 Lats - LVL (fixed)

The Financial and Capital Market Commission of Latvia (FKTK)
Latvian Insurers Association (LAA)
National Bank of Latvia

Insurance statistics

1H2017Market Portfolioxlsx
1H2017Insurance companies rankings xlsx
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FY2016Market Portfolio FKTKxlsx
FY2016Insurance companies rankings LAAxlsx
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1H2016Market Rankings (Latvia Insurance Association)xlsx
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1H2014Insurance market overview pdf
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FY2013Insurance market overview pdf
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3Q2013Market Portfolioxlsx
1H2013Insurance market overview pdf
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FY2012Insurance market overview pdf
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1H2012Insurance market overview pdf
1H2012Market Portfolioxlsx
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FY2011Insurance market overview pdf
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1H2011Insurance market overviewpdf
1H2011Market portfolioxlsx
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
Latvian insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
Non-Life insurance rankings xls
2009Latvian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Latvian insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankingsxls

Latvia 1H2018 Market Portfolio

Latvia 1H2018 Insurance Companies Ranking

See all statistics

LATVIA's insurers' premiums increased 13.5% in Q1

According FKTK - The Financial and Capital Market Commission, the Latvian insurance market totaled EUR 142.7 million at the end of March 2014. Compared to the corresponding period of last year, the figure increased 13.5% y-o-y. At the same time, the value of paid claims and indemnities decreased 8.2% y-o-y to EUR 67.7 million.

LATVIAN regulator gives a green light to PZU to purchase the shares of Balta

The Financial and Capital Markets Commission of Latvia gave consent to PZU to purchase the shares of AAS Balta - leader of the Latvian insurance market. This is another step in the international expansion of the biggest Polish insurer, informed BC Agnieszka Zebrowska from the corporate communication department at PZU Group.

ERGO: insurance market in LATVIA could increase by 7-8% in 2014

Ergo: insurance market in Latvia could increase by 7-8% in 2014. BC, Riga, 26.05.2014. Print version. The average growth of the insurance market in Latvia could increase 7-8% in 2014, Ergo Baltic States' board member Ingrida Kirse predicts, reports LETA.

LATVIAN insurance market up 5.3% in 2013

Financial and Capital Market Commission - FKTK reports that, in 2013, the Latvian insurance market grew by 5.3%, reaching EUR 471 million. The gross written premiums by local insurers decreased 1% y-o-y to EUR 350 million, while the gross premiums written by the EU branches totaled EUR 121 million or 30% more y-o-y.