LV

Market

Société D'Assurances Générales Appliquées (SAGA) dac

Legal address
Ground Floor, Charlotte House, Charlemont Street, Dublin 2 Ireland D02 NV26
Country of origin
Ireland
Supervisory authority
https://www.centralbank.ie

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
3. For insurance of land vehicle (except railway rolling stock)
Date: 21.01.2008
13. For general third party liability insurance
Date: 07.07.2022
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: 21.01.2008
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: 21.01.2008
7. For freight insurance
Date: 21.01.2008

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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