LV

Market

Wiener Stadtische Versicherung AG Vienna Insurance Group

Legal address
Schottenring 30/Ringturm, 1010 Wien
Country of origin
Austria
Supervisory authority
Financial Market Authority (FMA)

Reinsurance activities: 23a;

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: 11.07.2006
3. For insurance of land vehicle (except railway rolling stock)
Date: 11.07.2006
13. For general third party liability insurance
Date: 11.07.2006
10. For third party liability insurance of motor vehicle owners
Date: 11.07.2006
2. For health insurance (insurance against illnesses)
Date: 11.07.2006
1. For accident insurance
Date: 11.07.2006
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: 11.07.2006
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: 11.07.2006
6. For marine vessel insurance
Date: 11.07.2006
7. For freight insurance
Date: 11.07.2006
12. For ship owner liability third party insurance
Date: 11.07.2006
4. For railway rolling stock insurance
Date: 11.07.2006
5. For aircraft insurance
Date: 11.07.2006
11. For aircraft owner third party liability insurance
Date: 11.07.2006
17. For legal expenses insurance
Date: 11.07.2006

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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