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Latvia Insurance Industry: Key Trends and Opportunities to 2028

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    Report

  • 67 Pages
  • June 2024
  • Region: Latvia
  • GlobalData
  • ID: 5983397
The analyst's ‘Latvia Insurance Industry: Key Trends and Opportunities to 2028’ report provides a detailed outlook by product category for the Latvia insurance industry.

It provides values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the review period (2019-23) and forecast period (2024-2028).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Latvia economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together the analyst’s research, modeling, and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

  • Key insights and dynamics of the Latvia insurance industry.
  • A comprehensive overview of the Latvia economy, government initiatives, and investment opportunities.
  • The Latvia insurance regulatory framework’s evolution, key facts, taxation regime, licensing, and capital requirements.
  • The Latvia insurance industry’s market structure giving details of lines of business.
  • Latvia's reinsurance business’s market structure giving details of premium ceded along with cession rates.

Scope

This report provides a comprehensive analysis of the Latvia insurance industry :

  • It provides historical values for the Latvia insurance industry for the report’s 2019-23 review period, and projected figures for the 2024-28 forecast period.
  • It offers a detailed analysis of the key categories in the Latvia insurance industry and market forecasts to 2028.
  • It profiles the top life insurance companies in Latvia and outlines the key regulations affecting them.

Reasons to Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Latvia insurance industry, and each category within it.
  • Understand the demand-side dynamics, key market trends, and growth opportunities in the Latvia insurance industry.
  • Assess the competitive dynamics in the Latvia insurance industry.
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

  • Executive Summary
  • Economy Overview
  • Regulation and Compliance
  • Key Market Trends
  • Life Insurance: Trends and KPIs
  • Life Insurance: LoB
  • General Insurance: Trends and KPIs
  • General Insurance: LoB
  • Competitive Landscape
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AAS Balta
  • AAS BTA Baltic Insurance Co
  • Compensa Vienna Insurance Group ADB Latvijas Filiale
  • ERGO Insurance SE Latvijas Filiale
  • SEB DZIVIBAS APDROSINASANA
  • Swedbank Life Insurance SE Latvijas Filiale
  • ERGO Life Insurance SE Latvijas Filiale
  • Compensa Life Vienna Insurance Group SE Latvijas Filiale