At the end of 2025, the insurance market of Estonia totaled EUR 680.81 million in terms of GWP, down by 0.6% y-o-y, according to the year-end market data published by the Estonian National Statistics Board.

While life insurance business grew by 8.8% y-o-y, to EUR 91.4 million, non-life fell by 2%, to EUR 589.4 million.

In terms of claims, insurers paid claims worth EUR 405.7 million, down by 1% y-o-y, a trend driven by the lower claims expenses recorded by the Motor Hull and property insurance lines.

Estonia's largest life insurer in terms of GWP was Swedbank Life Insurance SE (43.9% market share), followed by SEB Life and Pension Baltic SE Eesti filiaal (27.8%) and COMPENSA Life VIG SE (15.7%).

In the non-life segment, Top 3 market players as GWP volume were: Swedbank P&C Insurance AS (EUR 113.13 million) followed by the former leader - If P&C Insurance AS (GWP of EUR 103.33 million) and AB Lietuvos draudimas Eesti filiaal - EUR 85.85 million.

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