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Latvian insurance market: value of motor claims paid out 2004-2018

The statistic shows the total value of motor claims expenditure paid on the insurance market in Latvia from 2004 to 2018. The claims payments aggregate value peaked in 2008 at 159 million euros. In 2018, the yearly worth of motor insurance claims paid out by the insurers in Latvia decreased to 61 million euros.

Total motor claims expenditure* paid on the insurance market in Latvia from 2004 to 2018

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Source

Release date

January 2020

Region

Latvia

Survey time period

2004 to 2018

Supplementary notes

* Total motor insurance (MTPL and damage): claims expenditure.
** Constant exchange rates.

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