March 20, 2018 1:59 AM ET


Company Overview of AAS BALTA

Company Overview

AAS BALTA offers property and casual insurance in Latvia. It offers building, property, livestock, repair work, third party liability, personal accident, travel, endowment, compulsory motor TPL, green card, motor vehicles, and driver and passenger insurance products to private persons and corporations. The company also provides health, construction, business interruption, voluntary TPL, hull, cargo, and CMR insurance products to corporate customers. It offers its products and services through a network of branch offices, insurance agents, full-time staff, and through policy sales points in banks, petrol filling stations, supermarkets, border points, and other sites. The company was founded i...

Raunas iela 10/12

Riga,  1039


Founded in 1992


371 675 22275


371 670 82345

Key Executives for AAS BALTA

Finance Director and Technical Director and Director
Compensation as of Fiscal Year 2017.

AAS BALTA Key Developments

Balta Reports Earnings Results for the First Quarter of 2017

Balta reported earnings results for the first quarter of 2017. For the period, the company reported a loss of EUR 0.26 million, the loss was due to a steep rise in claims paid. Premiums underwritten by the company reached EUR 21.4 million, ensuring a 10% growth for the company whereas the overall growth rate in the Latvian non-life insurance market during the period was just 4.8%.

Balta Insurance Reports Earnings Results for the Third Quarter of 2016

Balta insurance reported earnings results for the third quarter of 2016. For the period, the company posts net profit of EUR 3.23 million against EUR 747,311 profit posted last year.

Balta Insurance Reports Earnings Results for the First Half of 2016

Balta insurance reported earnings results for the first half of 2016. For the period, the company posts net profit of EUR 2.2 million The company's profit figure increased against the same period last year when the company earned EUR 452,000 profit. The company raised insurance premiums by 16% year-on-year to EUR 38.9 million.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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