STATISTICS: ESTONIA, 1H: Insurers reported impressive rates across all LoB

Estonian insurers reported H1 2018 GWP of EUR 243 million, almost 17% more compared with January-June 2017, according to the market figures published by the Estonian National Statistics Board.

In GWP terms, the life segment was up by 4% to EUR 45 million (18.5% of total GWP), while the GWP by Estonian non-life insurers totaled EUR 198 million, 20.3% more y-o-y, due to impressive rates reported on all lines of businesses, the largest rates being recorded by "Accident and sickness" (+33.7%), and "property" (+23.4%).

The figures revealed that the market leaders as GWP volumes remained unchanged. Thus, among the five life insurers, the largest insurer was SWEDBANK Life Insurance SE (41.29% market share), while If P&C Insurance AS (~26%) lead the general insurance segment.

Access www.xprimm.com and download the 1H2018 Estonian insurance market statistics.

Market portfolio:

  • Gross written premiums
  • Paid claims
  • Growth rates
Life and non-life rankings:

  • Gross written premiums
  • Paid claims
  • Market shares
  • Growth rates
Find detailed 1H2018 market data in the forthcoming edition of the XPRIMM Insurance Report CEE, SEE & CIS - 1H2018, to be launched on 21 October, in Baden Baden.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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