Only one or more classes
Classes and subclasses of non-life insurance (Directive 2009/138/EC (Solvency II), Annex I (A)):
1. Accident
2. Sickness
3. Land vehicles (other than railway rolling stock)
7. Goods in transit
13. General liability
16. Miscellaneous financial loss
17. Legal expenses
18. Assistance
Directive 2009/138/EC (Solvency II), Annex II Classes of life insurance:
I. The life insurance referred to in points (a)(i), (ii) and (iii) of Article 2(3) of the Solvency II excluding those referred to in II and III
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).