1701.23
Q3 2022 overview of the non-life insurance sector
Estonian non-life insurers received 161 million euros in insurance premiums in the third quarter. The volume of premiums was up 23% on a year earlier.
1701.23
Estonian non-life insurers received 161 million euros in insurance premiums in the third quarter. The volume of premiums was up 23% on a year earlier.
1701.23
The two life insurers received 80 million euros in insurance premiums in the third quarter, which was 7% more than in the previous quarter and around 13% more than in the third quarter of last year.
1701.23
There were nine investment firms operating in the investment firm market at the end of the third quarter.
1701.23
Payment institutions operating in Estonia made clients’ payments of 167 million euros in the third quarter of 2022. The turnover of domestic payments was up 15% on the second quarter and the number was up 33%.
1701.23
In the third quarter of 2022 there were 55 creditors in the market and 8 credit intermediaries. A record number of new loans were issued in the quarter, raising the number of new loan contracts to 234,000, which was 13,000 more than in the previous quarter.
1212.22
Payment institutions operating in Estonia mediated payments of 149 million euros in the second quarter of 2022. The turnover of domestic payments in the sector fell by 8% from the first quarter of 2022 and the number of payments remained the same.
3011.22
Lending activity by creditors increased noticeably in the second quarter. Substantially more contracts were signed than in recent years. The number of new contracts signed in the second quarter reached 220,000, having been 174,000 in the previous quarter.
3011.22
There are nine investment firms operating under an authorisation issued by Finantsinspektsioon, of which four received their authorisation in 2021 or 2022.
The client assets managed by investment firms shrank by 23% in the quarter and were down 62% on the end of the year.