STATISTICS: ESTONIAN insurers' GWP rises 5.4% in Jan-Sept

Estonian insurers posted aggregate GWP of EUR 267 million at the end of September 2015, up by 5.4% y-o-y, according to quarterly market figures published by the Estonian National Statistics Board. Of all five life insurers, the market leader was SWEDBANK Life Insurance SE (40.2% market share), while Estonia's market leader in non-life insurance was If P&C Insurance AS (27%).

On the main segments, the total value of life GWP was up by 3.1% y-o-y to EUR 60.4 million (of which EUR 23 million generated by unit-linked products), while the non-life segment totaled EUR 206.7 million , or 6%more y-o-y.

According to the figures published on the Estonian National Statistics Board website, among all non-life insurance classes, the largest weight in GWP were reported by the two motor classes (Motor hull and Motor TPL), which generated together about EUR 123 million (more than 46% of total market).

Note:

The figures published by the Estonian National Statistics Board - reflects the performance of Estonian insurers and other EU branches - for the insured risks only in Estonia. The FSA figures reflect the performance of the insurers registered in Estonia - including their cross- border business.

Access www.xprimm.com and download the 3Q2015 Estonian insurance market statistics.

  • Aggregate market portfolio (GWP, claims, growth rates)
  • Life & non-life rankings (GWP, claims, growth rates, market shares)

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