LV

Market

AB "Lietuvos draudimas"

Legal address
J.Basanavičiaus g. 12, 03600 Vilnius
Country of origin
Lithuania
Supervisory authority
https://www.lb.lt

Market segments

Market segment
Insurance companies
Other market segments

Licenses / Types of activities

Insurance companies
Service Providers from the EEA
Freedom to provide services
Member State Non-Life insurers
Date: 09.05.2017
16. For insurance of miscellaneous financial losses
Date: 09.05.2017
3. For insurance of land vehicle (except railway rolling stock)
Date: 09.05.2017
13. For general third party liability insurance
Date: 09.05.2017
2. For health insurance (insurance against illnesses)
Date: 09.05.2017
1. For accident insurance
Date: 09.05.2017
15. For suretyship insurance
Date: 09.05.2017
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.)
Date: 09.05.2017
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.)
Date: 09.05.2017
6. For marine vessel insurance
Date: 09.05.2017
7. For freight insurance
Date: 09.05.2017
12. For ship owner liability third party insurance
Date: 09.05.2017
4. For railway rolling stock insurance
Date: 09.05.2017
5. For aircraft insurance
Date: 09.05.2017
11. For aircraft owner third party liability insurance
Date: 09.05.2017

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).

Learn more