LV

Market

Insurance Joint Stock Company "BALTA"

Registration number
40003049409
Legal address
Raunas iela 10, Rīga, LV-1039
Country of origin
Latvia
Supervisory authority
https://www.bank.lv

Market segments

Market segment
Insurance companies
Phone
67522275
E-mail
balta@balta.lv
Website
http://www.balta.lv
Other market segments

Licenses / Types of activities

Insurance companies
Non-life-insurance companies
16. For insurance of miscellaneous financial losses
License / Doc. number: 06.07.03.09.048/1
Date: 14.01.1997
3. For insurance of land vehicle (except railway rolling stock)
License / Doc. number: 06.07.03.09.048/14
Date: 17.03.1997
13. For general third party liability insurance
License / Doc. number: 06.07.03.09.048/13
Date: 17.03.1997
10. For third party liability insurance of motor vehicle owners
License / Doc. number: 06.07.03.09.048/12
Date: 17.03.1997
18. For assistance insurance
License / Doc. number: 06.07.03.09.048/11
Date: 17.03.1997
2. For health insurance (insurance against illnesses)
License / Doc. number: 06.07.03.09.048/10
Date: 17.03.1997
1. For accident insurance
License / Doc. number: 06.07.03.09.048/9
Date: 07.07.1998
15. For suretyship insurance
License / Doc. number: 06.07.03.09.048/8
Date: 15.09.1998
8. For fire and natural elements insurance (damages to property, except land vehicle, railway rolling stock, aircraft, ships and goods in transit, caused by fire, explosion, nuclear energy, earth subsidence etc.)
License / Doc. number: 06.07.03.09.048/3
Date: 24.05.1999
9. For other damage to property insurance (damages to property, except land vehicle, railway rolling stock, aircraft, ships and goods in transit, caused by hail, frost, theft etc., except fire, explosion, nuclear energy, earth subsidence etc.)
License / Doc. number: 06.07.03.09.048/4
Date: 24.05.1999
6. For marine vessel insurance
License / Doc. number: 06.07.03.09.048/7
Date: 11.08.1999
7. For freight insurance
License / Doc. number: 06.07.03.09.048/6
Date: 11.08.1999
14. For credit insurance
License / Doc. number: 00416
Date: 10.05.2002

Substantial Participation

Name / First name, Last name
Powszechny Zakład Ubezpieczeń Spółka Akcyjna
Volume of participation
above 50%

Related parties

Name / First name, Last name
Iain Kennedy
Type of person
Chairman of the Executive Board

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

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