Get the dataData

Balcia Insurance (branch)

Estoniabalcia.ee ↗#14 of 18 in Estonia, FY 2025
Updated 11 Nov 2026
Sources and updates
Source
Statistics Estonia tables by insurer and line; solvency and claims ratios from each Estonian insurer's SFCR
Latest figures
FY 2025, H1 2026
Next update
Jan–Sep 2026, around December 2026

Sources for EstoniaWhat changed

Compare with nearest rivals →Compare →
Share
LinkedIn
Premium
€9.5m
1.4% of Estonia
Growth
+115.5%
FY 2025 vs 2024, in EUR · market −0.6%
Life share
0%
of own premium
Capital cover
—
Branch: reported by the parent company
Claims and costs
155%
combined ratio after reinsurance · gross 149% · market 82%
In shortNumber 14 of 18 in Estonia with 1.4% of premium; its premium grew 115.5% while the market's fell 0.6%. Strongest in Motor TPL, with 5.8% of the line. Its non-life business lost money on underwriting, with a combined ratio of 155% after reinsurance against 82% for the market. It paid €6.1m in claims, €64 for every €100 of its premium.

Latest resultsH1 2026, year to date: €3.7m of premium, −3.0% on H1 2025 (market +2.1%); share 1.1% (−0.1 pp), #14 of 18. More

Fingerprint

Balcia Insurance (branch)'s line mix, and where it stands among the 18 insurers in Estonia on each measure, FY 2025.

Line mix
Motor TPL72%
Casco20%
Property6%
Other non-life2%
Accident1%
Size#14 of 18 by premium
€9.5m
larger than 24%median €27m
GrowthFY 2025 against 2024, in EUR
+115.5%
ahead of 100%median +1.4%
Claims and costsnon-life combined ratio, after reinsurance
155%
better than 0%median 92%
Capital cover
— a branch: no solvency ratio of its own
Return on equity
— no profit or equity figures

Each bar runs from the weakest to the strongest of the insurers in Estonia with that figure in FY 2025; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.

Premium and market share

Market share against the nearest rivals

By year

Insurer20212022202320242025
Elama Kindlustus0.9%1.5%1.1%1.2%1.7%
Gjensidige (branch)2.0%1.4%1.6%1.8%1.7%
Balcia Insurance (branch)——0.0%0.6%1.4%
Telia Försäkring (branch)1.0%1.0%0.9%0.8%0.7%
KredEx Krediidikindlustus0.6%0.5%0.3%0.2%0.3%

Lines and claims

Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.

All figures

Solvency

DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers

Capital at year end

Capital cover

    Company details

    Branch of
    Balcia Insurance, SE
    Head office
    Riga, Latvia
    Website
    balcia.ee
    LEI of the head office
    315700MAQ69RR5OG1912
    Employees
    20 (2025; 10 in 2024)
    Premium per employee
    €475k (FY 2025; median for non-life insurers in Estonia: €396k; all insurers)

    Legal name, seat and LEI from the Global LEI Index (GLEIF); website from the company's own reports or the supervisor's register, checked 20 Oct 2026.

    Questions about Balcia Insurance (branch)

    Short answers from the figures on this page.

    What is the market share of Balcia Insurance (branch) in Estonia?

    Balcia Insurance (branch) wrote €9.5m of premium in FY 2025, 1.4% of all premium in Estonia, ranking #14 of 18 insurers; its premium grew 115.5% on FY 2024.

    Who owns Balcia Insurance (branch)?

    Polisa records no group for Balcia Insurance (branch) in FY 2025.

    What does Balcia Insurance (branch) sell?

    Balcia Insurance (branch) is a non-life insurer; its largest lines in FY 2025 are motor TPL (72.0% of its premium), casco (19.5%) and property (5.5%).

    Is Balcia Insurance (branch) growing?

    The premium of Balcia Insurance (branch) grew 115.5% in FY 2025 while the market in Estonia shrank 0.6%.

    Sources for this page

    Premium, lines and claims: Statistics Estonia, tables RRI07 (non-life) and RRI05 (life) by insurer, CC BY-SA 4.0. Earned premium, claims incurred and expenses (S.05.01) and solvency (S.23.01): each domestic insurer's SFCR, FY 2021–2025, scaled to its Estonian business with the per-country template. How these numbers are built.

    Spotted a wrong figure? Tell us and include the source.

    CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse

    Polisa compiles the figures; the original sources are named on this page and on the method page.

    APA

    Polisa. (2026). Balcia Insurance (branch) (Estonia): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/ee-balcia-insurance-branch

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_ee_balcia_insurance_branch_2026,
  author       = {{Polisa}},
  title        = {Balcia Insurance (branch) (Estonia): premium, market share, lines, solvency and claims},
  year         = {2026},
  version      = {2026-11-11.13378f},
  howpublished = {\url{https://polisapro.com/insurers/ee-balcia-insurance-branch}},
  note         = {Accessed 11 November 2026}
}

    Reuse: Polisa's compilation CC BY 4.0 · source data: Statistics Estonia (CC BY-SA 4.0), Tax and Customs Board (open data), RIK (no re-use terms published), insurers' SFCRs (public disclosures, linked).