LV

Market

Försäkringsaktiebolaget Alandia

Legal address
Alandsvägen 31, 22100 Mariehamn , Åland
Country of origin
Finland
Supervisory authority
https://www.finanssivalvonta.fi

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
3. For insurance of land vehicle (except railway rolling stock)
13. For general third party liability insurance
10. For third party liability insurance of motor vehicle owners
1. For accident insurance
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.)
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.)
6. For marine vessel insurance
7. For freight insurance
12. For ship owner liability third party insurance
17. For legal expenses insurance

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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