LV

Market

WAKAM

Legal address
120-122 Rue Reaumur, 75002 Paris
Country of origin
France
Supervisory authority

Market segments

Market segment
Insurance companies
Phone
33186767313
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: 30.08.2021
13. For general third party liability insurance
Date: 15.06.2023
18. For assistance insurance
Date: 12.04.2024
2. For health insurance (insurance against illnesses)
Date: 15.06.2023
1. For accident insurance
Date: 15.06.2023

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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