Latvia insurance market: value of claims and benefits paid 2004-2018

The statistic shows the total value of claims and benefits paid on the insurance market of Cyprus between 2004 and 2018. After four consecutive years of sustained growth, the value of payments decreased in the midst of the the global recession fluctuations from 259 million euros in 2008 to 158 million euros at the in 2010. In 2018, the value of claims and benefits paid increased slightly to 161 million euros.
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Total claims and benefits paid on the insurance market of Latvia from 2004 to 2018
(in million euros)
Claims and benefits in million euros*
2018161
2017156
2016133
2015133
2014123
2013193
2012189
2011179
2010157
2009217
2008259
2007187
2006137
200597
200481
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