Estonia-registered insurance company If P&C Insurance and its subsidiaries in Latvia and Lithuania, earned EUR 17.4 million in January-September 2014, informs LETA...In January-September 2013, If P&C Insurance earned EUR 10.8 million.

The amount of gross premiums written in January-September 2014 amounted to EUR 93.8 million, as compared to the respective period of 2013.

The amount of gross premiums written by If P&C Insurance subsidiary in Latvia (If Apdrosinasana) amounted to EUR 22.2 million, as compared to EUR 20.5 million in January-September 2013.

The company's combined index in the Baltics was 81.7% (previously - 87.7%). The company's loss index was 55.4% (previously - 59.9%), cost index - 26.4% (previously - 27.9%).

If has more than 340,000 clients in the Baltic States. The company fully belongs to If P&C Insurance Holding Ltd, a subsidiary of Sampo Plc. Read the full story IF earns EUR 17.4 mln in Baltics in January-September