STATISTICS:

STATISTICS: ESTONIA Q1: The insurance market expanded by more than a quarter

Estonian insurers reported in Q1 2018 GWP of EUR 125.7 million, representing an 26.1% y-o-y increase, according to the quarterly figures published by the Estonian National Statistics Board.

The total value of GWP on the life segment was up by 18% y-o-y to EUR 23.2 million, while the value of non-life GWP totaled EUR 102.5 million, 28% more y-o-y.

At the same time, the value of insurance claims paid by local and other EU branches was up by 18.7% y-o-y to EUR 67 million, of which EUR 11.6 million related to life segment, the remaining EUR 49 million being accounted by the non-life subclasses.

Among the five life insurers, the market leader was SWEDBANK Life Insurance SE (~40% market share), while Estonia's market leader on the non-life insurance segment was If P&C Insurance AS (~31%).

It is important to note: The figures published by the Estonian National Statistics Board reflect the performance of Estonian insurers and other EU branches - for the insured risks only in Estonia.

Access www.xprimm.com and download the 1Q2018 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

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

Share |

Related articles

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.

2017-11-09

STATISTICS: ESTONIA, FY2016: Non-life lines saw the best results, driving up the market results

Insurers operating on the Estonian market reported total GWP of EUR 388 million for the financial year 2016, up by 7.4% y-o-y, according to the market data published by the Estonian National Statistics Board. The value of life GWP increased by 3.9% y-o-y, to EUR 85.7 million (22.1% of the total market), while Estonian general insurers posted GWP of EUR 302.3 million, 8.5% more y-o-y.

2017-02-02

STATISTICS: ESTONIAN insurers' GWP up by almost 7% y-o-y in 3Q

Estonian insurers posted aggregate GWP of EUR 285 million at the end of September, up by 6.7% y-o-y, according to quarterly market figures published by the Estonian National Statistics Board. The total value of life GWP was down by 0.4% y-o-y to EUR 60.2 million, while the non-life segment totaled EUR 224.8 million, or 8.7 %more y-o-y.

2016-12-08

STATISTICS: GWP in ESTONIA's insurance market up 6.3% in H1

Estonian insurers reported H1 GWP of EUR 190 million, 6.3% more compared with January-June 2015, according to the market figures published by the Estonian National Statistics Board. At the same time, the value of paid claims increased by 13.7% y-o-y, to EUR 112 million.

2016-08-25

ON THE MOVE

TOP EVENT

photodune-3834701-laughing-girl-xs

LIVE: 1st National Reinsurers Summit in Moscow: focus on global cooperation

Today has started in Moscow the 1st National Reinsurers Summit "National Reinsurers: Focus on global cooperation". Organized by the Russian National Reinsurance Company (RNRC) with the support of the Central Bank of the Russian Federation, the conference has the xprimm.com insurance portal as Media Partner.

20.09.2018

photodune-3834701-laughing-girl-xs

LIVE from Monte Carlo: The 62nd edition of the "Rendez-Vous de Septembre"

The 62nd edition of the "Rendez-Vous de Septembre", the annual traditional meeting of reinsurers starts Sunday in Monte Carlo. XPRIMM Publications covering the CEE, SEE and CIS insurance markets are available at the XPRIMM stand in Fairmont Hotel, as well as at the most important venues in Monte Carlo.

13.09.2018

Willis Re - Market still soft, but functional

Despite the high losses from 2017 the reinsurance market is still soft, James KENT, Global Chief Executive Officer (CEO) of Willis Re stated at a press briefing in Monte Carlo.

10.09.2018

See all