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New name for Austrian Vienna Insurance Group in Latvia

24. March 2017

Austrian company Baltikums Vienna Insurance Group has been renamed to InterRisk Vienna Insurance Group.

The non-life insurer InterRisk Vienna Insurance Group  (Baltikums Vienna Insurance Group) is a subsidiary to the Austrian insurance company Vienna Insurance Group since 2015. The new name was chosen in order to strengthen the insurer’s position in the Latvian and Baltic market. The launch of the new brand should start a new phase in the company’s development. According to the insurer, all the existing agreements concluded between Baltikums Vienna Insurance Group and its clients remain valid. The company’s registration number, bank requisites and legal address also remain the same.

Baltikums Vienna Insurance Group wrote 2016 EUR 23.464 mln worth of premiums and paid EUR 17.194 mln in indemnities. The company’s gross premiums in Latvia totaled EUR 20.498 mln and indemnities came to EUR 16.66 mln last year.

Source  and InterRisk Vienna Insurance Group