Estonia

Location:
- Eastern Europe, bordering the Baltic Sea and Gulf of Finland;
- Neighbours: Finland, Russia, Latvia.

Climate:
- maritime;
- wet, moderate winters;
- cool summers.

Natural hazards:
- floods in the spring;

European Union:
EU member, since 2004

Currency: Euro

Code: EUR
Since: 2011
- replaced Estonian kroon (EEK)

1 EUR = 15.6466 EEK (fixed)

Sources:




Flag



Location map
author: OCHA/ReliefWeb


 


Statistics

Estonia Timelaine 2008-2017

Estonia FY2018 Market Portfolio

See all statistics

Latest news

ESTONIA: Jan-March: growth of motor insurance prices is slowing down

According to the statistical data of the Estonian Motor Insurance Fund (LKF), growth of motor insurance prices is slowing down, which is confirmed by their increase only by 1% in the 1st quarter of 2019 y-o-y, as the Fund informed on its official website on May 15.









SEB to merge its three Baltic life units

SEB - one of the largest life insurers in Baltic region announced is planning to merge its units in the Baltic States, "into one legal entity to further improve our operational efficiency and deliver improved customer services. The merger will not affect our services to the customers".

VIG's Baltic unit SEESAM Insurance AS - 10% GWP increase in 3Q

Estonian non-life insurer SEESAM, one of last entered players in the VIG family, raised its GWP in the Baltic states by 10% y-o-y, to EUR 54.1 million, informs LETA, quoting Dace ZITMANE, marketing manager at the Latvian branch of the company.







Estonia to adopt the Insurance Distribution Directive

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.