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New member on the non-life insurance market

10. October 2012

The Austrian insurance company Compensa TU S.A. Vienna Insurance Group started its work on the Latvian non-life insurance market.  

Compensa will provide the insurance of movable and immovable properties, transport and civil risks of corporate clients and individuals.

Compensa offered life and health insurances in Latvia so far. The head of the Compensa non-life insurance representative Evija Dundure informed about a lot of new services for residents in the future that have not been available in Latvia so far.

Compensa TU SA Vienna Insurance Group was founded in 1824 and currently is the leading insurance group in the Central and Eastern Europe. The Group is represented in 25 countries, it manages 27 billion LVL worth of assets. The Group owns wholly or partly 50 insurance companies offering the life and non-life insurance and the reinsurance services.