Life Insurance in Latvia, Key Trends and Opportunities to 2018
Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Latvian Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009-2018
5 Life Insurance Outlook
5.1 Key Drivers
5.2 Key Trends
5.3 Challenges
5.4 Life Insurance Growth Prospects by Category
5.5 Individual Life Insurance
5.5.1 Individual endowment insurance
5.5.2 Individual term life insurance
5.5.3 Other individual insurance
5.6 Life Insurance Growth Prospects by Customer Segment
5.6.1 Individual single-premium insurance
5.6.2 Individual non-single-premium insurance
5.7 Life Insurance Growth Prospects by Product Type
5.7.1 Total linked insurance
5.7.2 Total non-linked insurance
6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-commerce
6.5 Brokers
6.6 Other Channels
7 Governance, Risk and Compliance
7.1 Legislation Overview and Historical Evolution
7.2 Latest Changes in Regulations
7.3 Regulations and market practice by Type of Insurance
7.3.1 Life insurance
7.3.2 Property insurance
7.3.3 Motor insurance
7.3.4 Liability Insurance
7.3.5 Marine, aviation and transit insurance
7.3.6 Personal accident and health insurance
7.4 Compulsory Insurance
7.4.1 Motor third-party liability insurance
7.4.2 Air carriers and aircraft operators insurance
7.4.3 Professional indemnity insurance for alternative investment fund managers
7.5 Supervision and Control
7.5.1 International Association of Insurance Supervisors (IAIS)
7.5.2 European Insurance and Occupational Pensions Authority (EIOPA)
7.5.3 Financial and Capital Market Commission (FCMC)
7.6 Non-Admitted Insurance Regulations
7.6.1 Overview
7.6.2 Intermediaries
7.6.3 Market practices
7.6.4 Fines and penalties
7.7 Company Registration and Operations
7.7.1 Types of insurance organization
7.7.2 Establishing a local company
7.7.3 Foreign ownership
7.7.4 Types of license
7.7.5 Capital requirements
7.7.6 Solvency margins
7.7.7 Reserve requirements
7.7.8 Investment regulations
7.7.9 Statutory return requirements
7.7.10 Fee structure
7.8 Taxation
7.8.1 Insurance premium or policy taxation
7.8.2 Withholding taxes on premium paid overseas
7.8.3 Corporate tax
7.8.4 VAT
7.8.5 Captives
7.9 Legal System
7.9.1 Introduction
7.9.2 Access to court
7.9.3 Alternative dispute resolution (ADR)
8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the Latvian Life Insurance Segment
8.3 Citadele Life - Company Overview
8.4 Compensa Life Vienna Insurance Group SE - Company Overview
8.5 Ergo Latvija dz?v?ba - Company Overview
8.6 Mandatum Life Insurance Baltic SE - Company Overview
8.7 MetLife Amplico - Company Overview
8.8 Seb Dz?v?bas apdro?in??ana - Company Overview
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric's Services
9.5 Disclaimer
List of Tables
Table 1: Latvian Life Insurance - Key Facts, 2013
Table 2: Insurance Industry Definitions
Table 3: Latvian Insurance Industry - Gross Written Premium by Segment (EUR Million), 2009-2013
Table 4: Latvian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2009-2013
Table 5: Latvian Insurance Industry - Gross Written Premium by Segment (EUR Million), 2013-2018
Table 6: Latvian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2013-2018
Table 7: Latvian Insurance Industry - Gross Written Premium by Segment (Percentage Share), 2009-2018
Table 8: Latvian Insurance Industry - Direct Written Premium by Segment (EUR Million), 2009-2013
Table 9: Latvian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2009-2013
Table 10: Latvian Insurance Industry - Direct Written Premium by Segment (EUR Million), 2013-2018
Table 11: Latvian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2013-2018
Table 12: Latvian Insurance Industry - Direct Written Premium by Segment (Percentage Share), 2009-2018
Table 13: Latvian Life Insurance - Gross Written Premium by Category (EUR Million), 2009-2013
Table 14: Latvian Life Insurance - Gross Written Premium by Category (US$ Million), 2009-2013
Table 15: Latvian Life Insurance - Gross Written Premium by Category (EUR Million), 2013-2018
Table 16: Latvian Life Insurance - Gross Written Premium by Category (US$ Million), 2013-2018
Table 17: Latvian Life Insurance - New Business Written Premium (EUR Million), 2009-2013
Table 18: Latvian Life Insurance - New Business Written Premium (EUR Million), 2013-2018
Table 19: Latvian Life Insurance - Earned Premium (EUR Million), 2009-2013
Table 20: Latvian Life Insurance - Earned Premium (EUR Million), 2013-2018
Table 21: Latvian Life Insurance - Sum Assured (EUR Billion), 2009-2013
Table 22: Latvian Life Insurance - Sum Assured (EUR Billion), 2013-2018
Table 23: Latvian Life Insurance - Paid Claims (EUR Million), 2009-2013
Table 24: Latvian Life Insurance - Paid Claims (EUR Million), 2013-2018
Table 25: Latvian Life Insurance - Incurred Loss (EUR Million), 2009-2013
Table 26: Latvian Life Insurance - Incurred Loss (EUR Million), 2013-2018
Table 27: Latvian Life Insurance - Loss Ratio (%), 2009-2013
Table 28: Latvian Life Insurance - Loss Ratio (%), 2013-2018
Table 29: Latvian Life Insurance - Commissions and Expenses (EUR Million), 2009-2013
Table 30: Latvian Life Insurance - Commissions and Expenses (EUR Million), 2013-2018
Table 31: Latvian Life Insurance - Combined Ratio (%), 2009-2013
Table 32: Latvian Life Insurance - Combined Ratio (%), 2013-2018
Table 33: Latvian Life Insurance - Fraud and Crime (EUR Million), 2009-2013
Table 34: Latvian Life Insurance - Fraud and Crime (EUR Million), 2013-2018
Table 35: Latvian Life Insurance - Total Assets (EUR Million), 2009-2013
Table 36: Latvian Life Insurance - Total Assets (EUR Million), 2013-2018
Table 37: Latvian Life Insurance - Total Investment Income (EUR Million), 2009-2013
Table 38: Latvian Life Insurance - Total Investment Income (EUR Million), 2013-2018
Table 39: Latvian Life Insurance - Retentions (EUR Million), 2009-2013
Table 40: Latvian Life Insurance - Retentions (EUR Million), 2013-2018
Table 41: Latvian Individual Life Insurance - Gross Written Premium by Category (EUR Million), 2009-2013
Table 42: Latvian Individual Life Insurance - Gross Written Premium by Category (US$ Million), 2009-2013
Table 43: Latvian Individual Life Insurance - Gross Written Premium by Category (EUR Million), 2013-2018
Table 44: Latvian Individual Life Insurance - Gross Written Premium by Category (US$ Million), 2013-2018
Table 45: Latvian Individual Life Insurance - Direct Written Premium by Category (EUR Million), 2009-2013
Table 46: Latvian Individual Life Insurance - Direct Written Premium by Category (US$ Million), 2009-2013
Table 47: Latvian Individual Life Insurance - Direct Written Premium by Category (EUR Million), 2013-2018
Table 48: Latvian Individual Life Insurance - Direct Written Premium by Category (US$ Million), 2013-2018
Table 49: Latvian Individual Life Insurance - Policies by Category (Thousand), 2009-2013
Table 50: Latvian Individual Life Insurance - Policies by Category (Thousand), 2013-2018
Table 51: Latvian Individual Endowment Insurance - Number of Active Policies (Thousand), 2009-2013
Table 52: Latvian Individual Endowment Insurance - Number of Active Policies (Thousand), 2013-2018
Table 53: Latvian Individual Endowment Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 54: Latvian Individual Endowment Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 55: Latvian Individual Term Life Insurance - Number of Active Policies (Thousand), 2009-2013
Table 56: Latvian Individual Term Life Insurance - Number of Active Policies (Thousand), 2013-2018
Table 57: Latvian Individual Term Life Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 58: Latvian Individual Term Life Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 59: Latvian Other Individual Insurance - Number of Active Policies (Thousand), 2009-2013
Table 60: Latvian Other Individual Insurance - Number of Active Policies (Thousand), 2013-2018
Table 61: Latvian Other Individual Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 62: Latvian Other Individual Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 63: Latvian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Table 64: Latvian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Table 65: Latvian Individual Single-Premium Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 66: Latvian Individual Single-Premium Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 67: Latvian Individual Single-Premium Insurance - Direct Written Premium (EUR Million), 2009-2013
Table 68: Latvian Individual Single-Premium Insurance - Direct Written Premium (EUR Million), 2013-2018
Table 69: Latvian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Table 70: Latvian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Table 71: Latvian Individual Non-Single-Premium Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 72: Latvian Individual Non-Single-Premium Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 73: Latvian Individual Non-Single-Premium Insurance - Direct Written Premium (EUR Million), 2009-2013
Table 74: Latvian Individual Non-Single-Premium Insurance - Direct Written Premium (EUR Million), 2013-2018
Table 75: Latvian Linked Insurance - Number of Active Policies (Thousand), 2009-2013
Table 76: Latvian Linked Insurance - Number of Active Policies (Thousand), 2013-2018
Table 77: Latvian Linked Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 78: Latvian Linked Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 79: Latvian Linked Insurance - Direct Written Premium (EUR Million), 2009-2013
Table 80: Latvian Linked Insurance - Direct Written Premium (EUR Million), 2013-2018
Table 81: Latvian Non-Linked Insurance - Number of Active Policies (Thousand), 2009-2013
Table 82: Latvian Non-Linked Insurance - Number of Active Policies (Thousand), 2013-2018
Table 83: Latvian Non-Linked Insurance - Gross Written Premium (EUR Million), 2009-2013
Table 84: Latvian Non-Linked Insurance - Gross Written Premium (EUR Million), 2013-2018
Table 85: Latvian Non-Linked Insurance - Direct Written Premium (EUR Million), 2009-2013
Table 86: Latvian Non-Linked Insurance - Direct Written Premium (EUR Million), 2013-2018
Table 87: Latvian Life Insurance - Direct Marketing Commission Paid (EUR Million), 2009-2013
Table 88: Latvian Life Insurance - Direct Marketing Commission Paid (EUR Million), 2013-2018
Table 89: Latvian Life Insurance - Direct Marketing New Business Gross Written Premium (EUR Million), 2009-2013
Table 90: Latvian Life Insurance - Direct Marketing New Business Gross Written Premium (EUR Million), 2013-2018
Table 91: Latvian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2009-2013
Table 92: Latvian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2013-2018
Table 93: Latvian Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 94: Latvian Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 95: Latvian Life Insurance - Bancassurance Commission Paid (EUR Million), 2009-2013
Table 96: Latvian Life Insurance - Bancassurance Commission Paid (EUR Million), 2013-2018
Table 97: Latvian Life Insurance - Bancassurance New Business Gross Written Premium (EUR Million), 2009-2013
Table 98: Latvian Life Insurance - Bancassurance New Business Gross Written Premium (EUR Million), 2013-2018
Table 99: Latvian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2009-2013
Table 100: Latvian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2013-2018
Table 101: Latvian Life Insurance - Number of Bancassurance Distributors, 2009-2013
Table 102: Latvian Life Insurance - Number of Bancassurance Distributors, 2013-2018
Table 103: Latvian Life Insurance - Commission Paid to Agencies (EUR Million), 2009-2013
Table 104: Latvian Life Insurance - Commission Paid to Agencies (EUR Million), 2013-2018
Table 105: Latvian Life Insurance - Agencies' New Business Gross Written Premium (EUR Million), 2009-2013
Table 106: Latvian Life Insurance - Agencies' New Business Gross Written Premium (EUR Million), 2013-2018
Table 107: Latvian Life Insurance - New Policies Sold Through Agencies (Thousand), 2009-2013
Table 108: Latvian Life Insurance - New Policies Sold Through Agencies (Thousand), 2013-2018
Table 109: Latvian Life Insurance - Number of Agencies, 2009-2013
Table 110: Latvian Life Insurance - Number of Agencies, 2013-2018
Table 111: Latvian Life Insurance - E-Commerce Commission Paid (EUR Thousand), 2009-2013
Table 112: Latvian Life Insurance - E-Commerce Commission Paid (EUR Thousand), 2013-2018
Table 113: Latvian Life Insurance - E-Commerce New Business Gross Written Premium (EUR Thousand), 2009-2013
Table 114: Latvian Life Insurance - E-Commerce Gross Written Premium New Business (EUR Thousand), 2013-2018
Table 115: Latvian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 116: Latvian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 117: Latvian Life Insurance - Number of E-Commerce Distributors, 2009-2013
Table 118: Latvian Life Insurance - Number of E-Commerce Distributors, 2013-2018
Table 119: Latvian Life Insurance - Commission Paid to Brokers (EUR Thousands), 2009-2013
Table 120: Latvian Life Insurance - Commission Paid to Brokers (EUR Thousands), 2013-2018
Table 121: Latvian Life Insurance - Brokers New Business Gross Written Premium (EUR Million), 2009-2013
Table 122: Latvian Life Insurance - Brokers New Business Gross Written Premium (EUR Million), 2013-2018
Table 123: Latvian Life Insurance - New Policies Sold Through Brokers (Thousand), 2009-2013
Table 124: Latvian Life Insurance - New Policies Sold Through Brokers (Thousand), 2013-2018
Table 125: Latvian Life Insurance - Number of Brokers, 2009-2013
Table 126: Latvian Life Insurance - Number of Brokers, 2013-2018
Table 127: Latvian Life Insurance - Commission Paid to Other Channels (EUR Thousands), 2009-2013
Table 128: Latvian Life Insurance - Commission Paid to Other Channels (EUR Thousands), 2013-2018
Table 129: Latvian Life Insurance - Other Channels New Business Gross Written Premium (EUR Million), 2009-2013
Table 130: Latvian Life Insurance - Other Channels New Business Gross Written Premium (EUR Million), 2013-2018
Table 131: Latvian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2009-2013
Table 132: Latvian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2013-2018
Table 133: Latvian Life Insurance - Number of Distributors in Other Channels, 2009-2013
Table 134: Latvian Life Insurance - Number of Distributors in Other Channels, 2013-2018
Table 135: Latvia - Life Insurance Regulatory Framework
Table 136: Latvia - Property Insurance Regulatory Framework
Table 137: Latvia - Motor Insurance Regulatory Framework
Table 138: Latvia - Liability Insurance Regulatory Framework
Table 139: Latvia - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 140: Latvia - Corporate Tax Rates for the Financial Year 2015
Table 141: Latvian Life Insurance - List of Insurers, 2013
List of Figures
Figure 1: Latvian Insurance Industry - Gross Written Premium by Segment (EUR Million), 2009-2018
Figure 2: Latvian Insurance Industry - Gross Written Premium Dynamics by Segment, 2009-2018
Figure 3: Latvian Insurance Industry - Direct Written Premium by Segment (EUR Million), 2009-2018
Figure 4: Latvian Insurance Industry - Direct Written Premium Dynamics by Segment 2009-2018
Figure 5: Latvian Life Insurance - Gross Written Premium by Category (EUR Million), 2009-2018
Figure 6: Latvian Life Insurance - Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 7: Latvian Life Insurance - Gross Written Premium Dynamics by Segment, 2009-2018
Figure 8: Latvian Life Insurance - New Business Written Premium (EUR Million), 2009-2013
Figure 9: Latvian Life Insurance - New Business Written Premium (EUR Million), 2013-2018
Figure 10: Latvian Life Insurance - Earned Premium (EUR Million), 2009-2013
Figure 11: Latvian Life Insurance - Earned Premium (EUR Million), 2013-2018
Figure 12: Latvian Life Insurance - Sum Assured (EUR Billion), 2009-2013
Figure 13: Latvian Life Insurance - Sum Assured (EUR Billion), 2013-2018
Figure 14: Latvian Life Insurance - Paid Claims (EUR Million), 2009-2013
Figure 15: Latvian Life Insurance - Paid Claims (EUR Million), 2013-2018
Figure 16: Latvian Life Insurance - Incurred Loss (EUR Million), 2009-2013
Figure 17: Latvian Life Insurance - Incurred Loss (EUR Million), 2013-2018
Figure 18: Latvian Life Insurance - Loss Ratio (%), 2009-2013
Figure 19: Latvian Life Insurance - Loss Ratio (%), 2013-2018
Figure 20: Latvian Life Insurance - Commissions and Expenses (EUR Million), 2009-2013
Figure 21: Latvian Life Insurance - Commissions and Expenses (EUR Million), 2013-2018
Figure 22: Latvian Life Insurance - Combined Ratio (%), 2009-2013
Figure 23: Latvian Life Insurance - Combined Ratio (%), 2013-2018
Figure 24: Latvian Life Insurance - Fraud and Crime (EUR Million), 2009-2013
Figure 25: Latvian Life Insurance - Fraud and Crime (EUR Million), 2013-2018
Figure 26: Latvian Life Insurance - Total Assets (EUR Million), 2009-2013
Figure 27: Latvian Life Insurance - Total Assets (EUR Million), 2013-2018
Figure 28: Latvian Life Insurance - Total Investment Income (EUR Million), 2009-2013
Figure 29: Latvian Life Insurance - Total Investment Income (EUR Million), 2013-2018
Figure 30: Latvian Life Insurance - Retentions (EUR Million), 2009-2013
Figure 31: Latvian Life Insurance - Retentions (EUR Million), 2013-2018
Figure 32: Latvian Life Insurance - Investment Portfolio (EUR Million), 2009-2013
Figure 33: Latvian Life Insurance - Investment Portfolio (2018 and 2013)
Figure 34: Latvian Life Insurance - Penetration (%), 2009-2013
Figure 35: Latvian Life Insurance - Density (Number of Policies per Capita), 2009-2013
Figure 36: Latvian Life Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 37: Latvian Life Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 38: Latvian Life Insurance - Number of New Policies Sold (Thousand), 2009-2013
Figure 39: Latvian Life Insurance - Number of New Policies Sold (Thousand), 2013-2018
Figure 40: Latvian Life Insurance - Premium Per Capita (EUR), 2009-2013
Figure 41: Latvian Individual Life Insurance - Gross Written Premium by Category (EUR Million) (2009-2018)
Figure 42: Latvian Individual Life Insurance - Gross Written Premium by Category (Percentage Share) (2013 and 2018)
Figure 43: Latvian Individual Life Insurance - Gross Written Premium Dynamics by Category (2009-2018)
Figure 44: Latvian Individual Life Insurance - Direct Written Premium by Category (EUR Million), 2009-2018
Figure 45: Latvian Individual Life Insurance - Direct Written Premium by Category (Percentage Share), 2013 and 2018
Figure 46: Latvian Individual Life Insurance - Direct Written Premium Dynamics by Category, 2009-2018
Figure 47: Latvian Individual Life Insurance - Policies by Category (Thousand) (2009-2018)
Figure 48: Latvian Individual Life Insurance - Policies by Category (Percentage Share) (2013 and 2018)
Figure 49: Latvian Individual Life Insurance - Policies Dynamics by Category (2009-2018)
Figure 50: Latvian Individual Endowment Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 51: Latvian Individual Endowment Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 52: Latvian Individual Endowment Insurance - Gross Written Premium (EUR Million), 2009-2013
Figure 53: Latvian Individual Endowment Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 54: Latvian Individual Term Life Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 55: Latvian Individual Term Life Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 56: Latvian Individual Term Life Insurance - Gross Written Premium (EUR Million), 2009-2013
Figure 57: Latvian Individual Term Life Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 58: Latvian Other Individual Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 59: Latvian Other Individual Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 60: Latvian Other Individual Insurance - Gross Written Premium (EUR Million), 2009-2013
Figure 61: Latvian Other Individual Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 62: Latvian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 63: Latvian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 64: Latvian Individual Single-Premium Insurance - Gross Written Premium (EUR Million), 2009-2013
Figure 65: Latvian Individual Single-Premium Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 66: Latvian Individual Single-Premium Insurance - Direct Written Premium (EUR Million), 2009-2013
Figure 67: Latvian Individual Single-Premium Insurance - Direct Written Premium (EUR Million), 2013-2018
Figure 68: Latvian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 69: Latvian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 70: Latvian Individual Non-Single-Premium Insurance - Gross Written Premium (EUR Million), 2009-2013
Figure 71: Latvian Individual Non-Single-Premium Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 72: Latvian Individual Non-Single-Premium Insurance - Direct Written Premium (EUR Million), 2009-2013
Figure 73: Latvian Individual Non-Single-Premium Insurance - Direct Written Premium (EUR Million), 2013-2018
Figure 74: Latvian Linked Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 75: Latvian Linked Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 76: Latvian Linked Insurance - Gross Written Premium (EUR Million), 2009-2013
Figure 77: Latvian Linked Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 78: Latvian Linked Insurance - Direct Written Premium (EUR Million), 2009-2013
Figure 79: Latvian Linked Insurance - Direct Written Premium (EUR Million), 2013-2018
Figure 80: Latvian Non-Linked Insurance - Number of Active Policies (Thousand), 2009-2013
Figure 81: Latvian Non-Linked Insurance - Number of Active Policies (Thousand), 2013-2018
Figure 82: Latvian Non-Linked Insurance - Gross Written Premium (EUR million), 2009-2013
Figure 83: Latvian Non-Linked Insurance - Gross Written Premium (EUR Million), 2013-2018
Figure 84: Latvian Non-Linked Insurance - Direct Written Premium (EUR Million), 2009-2013
Figure 85: Latvian Non-Linked Insurance - Direct Written Premium (EUR Million), 2013-2018
Figure 86: Latvian Life Insurance - New Business Gross Written Premium by Distribution Channel (Percentage Share), 2013 and 2018
Figure 87: Latvian Life Insurance - Direct Marketing Commission Paid (EUR Million), 2009-2013
Figure 88: Latvian Life Insurance - Direct Marketing Commission Paid (EUR Million), 2013-2018
Figure 89: Latvian Life Insurance - Direct Marketing New Business Gross Written Premium (EUR Million), 2009-2013
Figure 90: Latvian Life Insurance - Direct Marketing New Business Gross Written Premium (EUR Million), 2013-2018
Figure 91: Latvian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2009-2013
Figure 92: Latvian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2013-2018
Figure 93: Latvian Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Figure 94: Latvian Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Figure 95: Latvian Life Insurance - Bancassurance Commission Paid (EUR Million), 2009-2013
Figure 96: Latvian Life Insurance - Bancassurance Commission Paid (EUR Million), 2013-2018
Figure 97: Latvian Life Insurance - Bancassurance New Business Gross Written Premium (EUR Million), 2009-2013
Figure 98: Latvian Life Insurance - Bancassurance New Business Gross Written Premium (EUR Million), 2013-2018
Figure 99: Latvian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2009-2013
Figure 100: Latvian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2013-2018
Figure 101: Latvian Life Insurance - Number of Bancassurance Distributors, 2009-2013
Figure 102: Latvian Life Insurance - Number of Bancassurance Distributors, 2013-2018
Figure 103: Latvian Life Insurance - Commission Paid to Agencies (EUR Million), 2009-2013
Figure 104: Latvian Life Insurance - Commission Paid to Agencies (EUR Million), 2013-2018
Figure 105: Latvian Life Insurance - Agencies' New Business Gross Written Premium (EUR Million), 2009-2013
Figure 106: Latvian Life Insurance - Agencies' New Business Gross Written Premium (EUR Million), 2013-2018
Figure 107: Latvian Life Insurance - New Policies Sold Through Agencies (Thousand), 2009-2013
Figure 108: Latvian Life Insurance - New Policies Sold Through Agencies (Thousand), 2013-2018
Figure 109: Latvian Life Insurance - Number of Agencies, 2009-2013
Figure 110: Latvian Life Insurance - Number of Agencies, 2013-2018
Figure 111: Latvian Life Insurance - E-Commerce Commission Paid (EUR Thousand), 2009-2013
Figure 112: Latvian Life Insurance - E-Commerce Commission Paid (EUR Thousand), 2013-2018
Figure 113: Latvian Life Insurance - E-Commerce New Business Gross Written Premium (EUR Million), 2009-2013
Figure 114: Latvian Life Insurance - E-Commerce Gross Written Premium New Business (EUR Thousand), 2013-2018
Figure 115: Latvian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2009-2013
Figure 116: Latvian Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2013-2018
Figure 117: Latvian Life Insurance - Number of E-Commerce Distributors, 2009-2013
Figure 118: Latvian Life Insurance - Number of E-Commerce Distributors, 2013-2018
Figure 119: Latvian Life Insurance - Commission Paid to Brokers (EUR Million), 2009-2013
Figure 120: Latvian Life Insurance - Commission Paid to Brokers (EUR Thousands), 2013-2018
Figure 121: Latvian Life Insurance - Brokers New Business Gross Written Premium (EUR Million), 2009-2013
Figure 122: Latvian Life Insurance - Brokers New Business Gross Written Premium (EUR Million), 2013-2018
Figure 123: Latvian Life Insurance - New Policies Sold Through Brokers (Thousand), 2009-2013
Figure 124: Latvian Life Insurance - New Policies Sold Through Brokers (Thousand), 2013-2018
Figure 125: Latvian Life Insurance - Number of Brokers, 2009-2013
Figure 126: Latvian Life Insurance - Number of Brokers, 2013-2018
Figure 127: Latvian Life Insurance - Commission Paid to Other Channels (EUR Thousands), 2009-2013
Figure 128: Latvian Life Insurance - Commission Paid to Other Channels (EUR Thousands), 2013-2018
Figure 129: Latvian Life Insurance - Other Channels New Business Gross Written Premium (EUR Million), 2009-2013
Figure 130: Latvian Life Insurance - Other Channels New Business Gross Written Premium (EUR Million), 2013-2018
Figure 131: Latvian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2009-2013
Figure 132: Latvian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2013-2018
Figure 133: Latvian Life Insurance - Number of Distributors in Other Channels, 2009-2013
Figure 134: Latvian Life Insurance - Number of Distributors in Other Channels, 2013-2018
Figure 135: Latvia - Insurance Regulatory Framework
Figure 136: Latvia - The Three Pillars of Solvency II
Figure 137: Latvia - Insurance Supervision and Control at Various Levels
Figure 138: Latvia - Insurance Regulatory Frameworks for Company Registration and Operation