LV

Market

CHUBB European Group SE

Legal address
31, Place des Corolles, LA Tour Carpe Diem, Esplanade Nord Courbevoie
Country of origin
France
Supervisory authority

Branches:  AT; BG; DK; SP; FI; GI; HU; IR; IT; NO; NL; PL; PT; CZ; SE; DE;(1-9; 11-18;)

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
16. For insurance of miscellaneous financial losses
Date: 01.01.2019
3. For insurance of land vehicle (except railway rolling stock)
Date: 01.01.2019
13. For general third party liability insurance
Date: 01.01.2019
18. For assistance insurance
Date: 01.01.2019
2. For health insurance (insurance against illnesses)
Date: 01.01.2019
1. For accident insurance
Date: 01.01.2019
15. For suretyship insurance
Date: 01.01.2019
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: 01.01.2019
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: 01.01.2019
6. For marine vessel insurance
Date: 01.01.2019
7. For freight insurance
Date: 01.01.2019
14. For credit insurance
Date: 01.01.2019
12. For ship owner liability third party insurance
Date: 01.01.2019
4. For railway rolling stock insurance
Date: 01.01.2019
5. For aircraft insurance
Date: 01.01.2019
11. For aircraft owner third party liability insurance
Date: 01.01.2019
17. For legal expenses insurance
Date: 01.01.2019

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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