Latvian insurance market has increased by 13 %
According to the Latvian Insurers Association within ten months Latvian insurance companies’ premiums have increased by 13%(Ls35,2 million ) in comparison with the similar period of the last year.
In general from January till October insurers have signed premiums for the sum Ls304,6 million.
The sum of paid during this period premiums has grown much quickly – on 48 % or Ls52,7 million. Within ten months period the sum of premiums has made Ls161,8 million or Ls532 thousand a day.
The quantity of the premiums signed by companies on insurance risks, has grown on 16 % or Ls36,7 million, the sum of paid premiums has increased by 41 % or Ls40,8 million.
In life insurance the volume of the signed premiums has decreased for 3 % or on Ls1,6 million – up to Ls44,9 million.
The share of life insurance premiums has made 15 %, and the share of risks insurance makes 85 %.