1 Key Facts and Highlights

2 Executive Summary

3 Economy and Demographics

4 Segment Outlook
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Profitability
4.2.3 Assets and investments

5 Outlook by Category
5.1 Property Insurance
5.1.1 Product overview
5.1.2 Premium
5.2 Motor Insurance
5.2.1 Product overview
5.2.2 Premium
5.2.3 Policies sold
5.3 Liability Insurance
5.3.1 Product overview
5.3.2 Premium
5.4 Marine, Aviation and Transit Insurance
5.4.1 Product overview
5.4.2 Premium

6 Distribution Channel Outlook

7 Natural Hazards
7.1 Storms
7.2 Extreme Temperatures
7.3 Wildfires
7.4 Flooding
7.5 Exposure

8 Competitive Landscape
8.1 Company Profiles
8.1.1 BTA Insurance Company SE - company overview
8.1.2 AAS Balta - company overview
8.1.3 AAS Gjensidige Baltic - company overview
8.1.4 BTA Baltic Insurance Company AAS - company overview
8.1.5 Baltikums Vienna Insurance Group - company overview
8.1.6 Baltijas Apdrošin?šanas Nams - company overview

9 Governance, Risk and Compliance
9.1 Legislation Overview and Historical Evolution
9.2 Latest Changes in Regulation
9.3 Legislation and Market Practice by Type of Insurance
9.3.1 Life insurance
9.3.2 Property insurance
9.3.3 Motor insurance
9.3.4 Liability insurance
9.3.5 Marine, aviation and transit insurance
9.3.6 Personal accident and health insurance
9.4 Compulsory Insurance
9.4.1 Motor third-party liability insurance
9.4.2 Air carriers and aircraft operators insurance
9.4.3 Professional indemnity insurance for alternative investment fund managers
9.4.4 Liability for ships with respect to oil pollution
9.4.5 Third party liability insurance for bailiffs
9.4.6 Clinical trial liability
9.4.7 Professional liability insurance for insurance intermediaries
9.5 Supervision and Control
9.5.1 International Association of Insurance Supervisors
9.5.2 European Insurance and Occupational Pensions Authority
9.5.3 Federation of European Risk Management Associations
9.5.4 Federation of European Risk Management Associations
9.6 Non-Admitted Insurance Regulations
9.6.1 Overview
9.6.2 Intermediaries
9.6.3 Market practices
9.6.4 Fines and Penalties
9.7 Company Registration and Operations
9.7.1 Type of insurance organization
9.7.2 Establishing a local company
9.7.3 Foreign ownership
9.7.4 Types of license
9.7.5 Capital requirements
9.7.6 Solvency margin
9.7.7 Reserve requirements
9.7.8 Investment regulations
9.7.9 Statutory return requirements
9.7.10 Fee structure
9.8 Taxation
9.8.1 Insurance premium or policy taxation
9.8.2 Withholding taxes on premium paid overseas
9.8.3 Corporate tax
9.8.4 VAT
9.8.5 Captives
9.9 Legal System
9.9.1 Introduction
9.9.2 Access to court
9.9.3 Alternative dispute resolution

10 Databook
10.1 Policies and Premium
10.2 Claims and Expenses
10.3 Assets and Investments
10.4 Property Insurance
10.5 Property Insurance by Product
10.6 Motor Insurance
10.7 Motor Insurance by Product
10.8 Liability Insurance
10.9 Marine, Aviation and Transit Insurance

11 Definitions and Methodology
11.1 Definitions
11.2 Methodology

12 About Timetric
12.1 Contact Timetric
12.2 About Timetric
12.3 Timetric's Services
12.4 Disclaimer

List of Tables
Table 1: Latvian Non-Life Insurance - Key Facts, 2015
Table 2: Latvian Non-Life Insurance - Segment Shares of the Top Insurers, 2015
Table 3: Latvian Government Credit Ratings
Table 4: Latvian Non-Life Insurance - Gross Written Premium (EUR Million and US$ Million), 2011-2015
Table 5: Latvian Non-Life Insurance - Penetration (%), 2011-2015
Table 6: Latvian Non-Life Insurance - Gross Written Premium (EUR Million and US$ Million), 2015-2020
Table 7: Latvian Non-Life Insurance - Penetration (%), 2015-2020
Table 8: Latvian Non-Life Insurance - Premium per Capita (EUR and US$), 2011-2015
Table 9: Latvian Non-Life Insurance - Premium per Capita (EUR and US$), 2015-2020
Table 10: Latvian Non-Life Insurance - Profitability Ratio (%), 2011-2015
Table 11: Latvian Non-Life Insurance - Profitability Ratio (%), 2015-2020
Table 12: Latvian Non-Life Insurance - Total Assets (EUR Million and US$ Million), 2011-2015
Table 13: Latvian Non-Life Insurance - Total Assets (EUR Million and US$ Million), 2015-2020
Table 14: Latvian Non-Life Insurance - Total Investment Income (EUR Million and US$ Million), 2011-2015
Table 15: Latvian Non-Life Insurance - Total Investment Income (EUR Million and US$ Million), 2015-2020
Table 16: Latvian Non-Life Insurance - Direct Written Premium by Category (EUR Million),2011-2015
Table 17: Latvian Non-Life Insurance - Direct Written Premium by Category (EUR Million), 2015-2020
Table 18: Latvian Property Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2015
Table 19: Latvian Property Insurance - Direct Written Premium by Sub-Category (EUR Million), 2015-2020
Table 20: Latvian Motor Insurance - Number of Registered Vehicles by Type (Thousand), 2012-2016
Table 21: Latvian Motor Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2015
Table 22: Latvian Motor Insurance - Direct Written Premium by Sub-Category (EUR Million), 2015-2020
Table 23: Latvian Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2015
Table 24: Latvian Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2015-2020
Table 25: Latvian Liability Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2015
Table 26: Latvian Liability Insurance - Direct Written Premium by Sub-Category (EUR Million), 2015-2020
Table 27: Latvian Transport Network - Global Rankings
Table 28: Latvian Marine, Aviation and Transit Insurance - Passenger Traffic (million), 2012-2016
Table 29: Latvian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2015
Table 30: Latvian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (EUR Million), 2015-2020
Table 31: Latvian Non-Life Insurance - Segment Shares of the Leading Insurers (%), 2015
Table 32: BTA Insurance Company SE - Key Facts
Table 33: AAS Balta - Key Facts
Table 34: AAS Balta - Key Financials (EUR Million), 2011-2015
Table 35: AAS Gjensidige Baltic - Key Facts
Table 36: AAS Gjensidige Baltic - Key Financials (EUR Million), 2011-2015
Table 37: BTA Baltic Insurance Company AAS - Key Facts
Table 38: Baltikums Vienna Insurance Group - Key Facts
Table 39: Baltikums Vienna Insurance Group - Key Financials (EUR Million), 2011-2015
Table 40: Baltijas Apdrošin?šanas Nams - Key Facts
Table 41: Baltijas Apdrošin?šanas Nams - Key Financials (EUR Million), 2011-2015
Table 42: Latvia - Insurance Regulatory Framework Key Features
Table 43: Latvia - Life Insurance Regulatory Framework
Table 44: Latvia - Property Insurance Regulatory Framework
Table 45: Latvia- Motor Insurance Regulatory Framework
Table 46: Latvia - Liability Insurance Regulatory Framework
Table 47: Latvia - Minimum Coverage for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 48: Latvia - Corporate Tax Rates for the Financial Year 2017
Table 49: Latvian Insurance Industry - Policies and Premium, 2011-2015
Table 50: Latvian Insurance Industry - Policies and Premium, 2015-2020
Table 51: Latvian Non-Life Insurance - Claims and Expenses, 2011-2015
Table 52: Latvian Non-Life Insurance - Claims and Expenses, 2015-2020
Table 53: Latvian Non-Life Insurance - Assets and Investments, 2011-2015
Table 54: Latvian Non-Life Insurance - Assets and Investments, 2015-2020
Table 55: Latvian Non-Life Insurance - Property Insurance, 2011-2015
Table 56: Latvian Non-Life Insurance - Property Insurance, 2015-2020
Table 57: Latvian Non-Life Insurance - Property Insurance by Product, 2011-2015
Table 58: Latvian Non-Life Insurance - Property Insurance by Product, 2015-2020
Table 59: Latvian Non-Life Insurance - Motor Insurance, 2011-2015
Table 60: Latvian Non-Life Insurance - Motor Insurance, 2015-2020
Table 61: Latvian Non-Life Insurance - Motor Insurance by Product, 2011-2015
Table 62: Latvian Non-Life Insurance - Motor Insurance by Product, 2015-2020
Table 63: Latvian Non-Life Insurance - Liability Insurance, 2011-2015
Table 64: Latvian Non-Life Insurance - Liability Insurance, 2015-2020
Table 65: Latvian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
Table 66: Latvian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
Table 67: Insurance Industry Definitions

List of Figures
Figure 1: Latvian Real GDP (EUR Billion), 2011-2020
Figure 2: Latvian Current Account Balance as Percentage of GDP (%), 2011-2015
Figure 3: Latvian Consumer Price Inflation (%),2011-2020
Figure 4: Latvian Unemployment Rate, 2011-2020
Figure 5: Latvian Population by Age Group, 1990-2025
Figure 6: Latvian Non-Life Insurance Penetration - Regional Comparison (%), 2015
Figure 7: Latvian Insurance Segment Direct Written Premium Shares - Regional Comparison (%), 2015
Figure 8: Latvian Non-Life Insurance - Gross Written Premium (EUR Million), 2011-2020
Figure 9: Latvian Non-Life Insurance - Penetration (%), 2011-2020
Figure 10: Latvian Non-Life Insurance - Premium per Capita (EUR), 2011-2020
Figure 11: Latvian Non-Life Insurance - Profitability Ratio (%), 2011-2020
Figure 12: Latvian Non-Life Insurance - Total Assets (EUR Million), 2011-2020
Figure 13: Latvian Non-Life Insurance - Total Investment Income (EUR Million), 2011-2020
Figure 14: Latvian Non-Life Insurance - Direct Written Premium by Category (EUR Million), 2011-2020
Figure 15: Latvian Non-Life Insurance - Direct Written Premium Dynamics by Category, 2011-2020
Figure 16: Latvian Property Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2020
Figure 17: Latvian Property Insurance - Direct Written Premium Dynamics by Sub-Category, 2011-2020
Figure 18: Latvian Personal Accident and Health Insurance - Injuries in Traffic Accidents (%), 2015 and 2016
Figure 19: Latvian Personal Accident and Health Insurance - Deaths in Traffic Accidents (%), 2015 and 2016
Figure 20: Latvian Motor Insurance - Direct Written Premium by Sub-Category (EUR Million), 2011-2020
Figure 21: Latvian Motor Insurance - Direct Written Premium Dynamics by Sub-Category, 2011-2020
Figure 22: Latvian Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2020
Figure 23: Latvian Liability Insurance - Direct Written Premium (EUR Million), 2011-2020
Figure 24: Latvian Marine, Aviation and Transit Insurance - Imports and Exports (EUR Billion), 2012-2016
Figure 25: Latvian Marine, Aviation and Transit Insurance - Direct Written Premium (EUR Million), 2011-2020
Figure 26: Latvian Non-Life Insurance - Segment Shares of the Leading Insurers (%), 2015
Figure 27: Latvia - The Three Pillars of Solvency II
Figure 28: Latvia - Insurance Supervision and Control at Various Levels
Figure 29: Latvia - Insurance Regulatory Frameworks for Company Registration and Operation

Companies Mentioned
• BTA Insurance Company SE
• AAS Balta
• AAS Gjensidige Baltic
• BTA Baltic Insurance Company AAS
• Baltikums Vienna Insurance Group
• Baltijas Apdrošin?šanas Nams