ESTONIA: The market continued to decline in 3Q2011

6 December 2011 — Vlad BOLDIJAR
xcom_statisticIn January-September 2011, the gross written premiums of insurance companies in Estonia decreased by 5.2%, reaching EUR 302 million, compared with total underwritings in the correspondent period of 2010. Claims paid by insurers amounted to EUR 193 million according to official data published by the Financial Supervision Authority of Estonia.

At the end of September, underwritings on life insurance decreased by 11.5% y-o-y, reaching EUR 119 million. At the same time Estonian general insurers totaled EUR 183 million, decreasing in absolute value by about EUR 1.2 million.

Access www.xprimm.com and download the 3Q2011 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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