LV

Market

The West of England Ship Owners Mutual Insurance Association

Legal address
31, Grand-Rue (4th floor) L-1661 (P.Box.841 L-2018), LUXEMBOURG
Country of origin
Luxembourg
Supervisory authority

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: 30.12.2019
2. For health insurance (insurance against illnesses)
Date: 30.12.2019
1. For accident insurance
Date: 30.12.2019
6. For marine vessel insurance
Date: 30.12.2019
7. For freight insurance
Date: 30.12.2019
12. For ship owner liability third party insurance
Date: 20.07.2006
17. For legal expenses insurance
Date: 30.12.2019

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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