23 Jul 2008

08 insurance market in the first quarter of Latvia up 29%

Baltic Business Weekly reported on May 7, according to Latvia "Financial and Capital Market Commission" to statistics, by the end of 2007, a total of four life insurance companies, 11 non-life insurance companies and seven foreign insurance companies in the branch Latvia operators.

In 2008 a quarter of these insurance companies underwriting a total of 98.369 million lats premiums, an increase of 29 percent. One Life insurance and non-life insurance amounted to 46.733 million lats, up 62.8 percent.

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