BTA Baltic Insurance Company
Growth
Amounts are always in euros: this changes how growth is measured, nothing else.
How growth is measured →In the news9 Mar 2026: BTA Baltic 2025 profit up 51% to EUR 14.0m; Baltic premiums EUR 359m All news for Latvia
Latest resultsH1 2026, year to date: €61m of premium, +10.1% on H1 2025 (market +7.7%); share 13.0% (+0.3 pp), #2 of 17. More
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BTA Baltic Insurance Company's line mix, and where it stands among the 17 insurers in Latvia on each measure, FY 2025.
Each bar runs from the weakest to the strongest of the insurers in Latvia 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.
Latest quarter
Premium and market share
Market share against the nearest rivals
By year
| Insurer | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Balta | 19.7% | 21.3% | 22.5% | 22.5% | 23.3% |
| BTA Baltic Insurance Company | 13.6% | 13.4% | 12.9% | 12.5% | 12.4% |
| Compensa VIG (branch) | 8.9% | 9.7% | 10.3% | 10.5% | 10.8% |
| If P&C Insurance AS (branch) | 5.8% | 7.1% | 7.2% | 7.2% | 6.7% |
| Swedbank P&C (branch) | 4.3% | 4.8% | 5.5% | 5.9% | 6.1% |
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
Claims and costs over time
Solvency
Capital cover over time
DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers
Capital at year end
What the capital requirement covers
Capital cover
Profitability
Net profit by year
All figures
Profit and equity by year
Also in the VIG group
36 companies in 18 markets · €9.28bn premium, latest year
Also in Lithuania · €510mBulgaria · €364mSerbia · €169mCroatia · €167mEstonia · €110mAlbania · €55mSlovenia · €54mBosnia and Herzegovina · €52mNorth Macedonia · €47mMoldova · €21mKosovo* · €15mMontenegro · €14m
Ownership and events
Company details
- Legal name
- AAS "BTA Baltic Insurance Company"
- Registered seat
- Riga, Latvia
- Website
- bta.lv
- Employees
- 495 (Q3 2026)
- Premium per employee
- €213k (FY 2025; median for non-life insurers in Latvia: €231k; 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. Employees: average number employed in Latvia in the latest quarter, from the State Revenue Service's open data, which carries only that quarter.
Questions about BTA Baltic Insurance Company
Short answers from the figures on this page.
What is BTA Baltic Insurance Company's market share in Latvia?
BTA Baltic Insurance Company wrote €106m of premium in FY 2025, 12.4% of all premium in Latvia, ranking #2 of 17 insurers; its premium grew 3.4% on FY 2024.
Who owns BTA Baltic Insurance Company?
BTA Baltic Insurance Company is part of the VIG group, which has 36 companies in all 18 markets on Polisa (FY 2025).
What does BTA Baltic Insurance Company sell?
BTA Baltic Insurance Company is a non-life insurer; its largest lines in FY 2025 are health (28.7% of its premium), property (23.1%) and casco (21.4%).
Is BTA Baltic Insurance Company well capitalised?
BTA Baltic Insurance Company's SCR ratio was 133% at 31 December 2025: it held 1.3 times the capital Solvency II requires, against a median of 135% for the insurers in Latvia.
Is BTA Baltic Insurance Company profitable?
BTA Baltic Insurance Company made a net profit of €11.9m in FY 2025, a return on equity of 13.4%; its non-life combined ratio was 94% after reinsurance.
Is BTA Baltic Insurance Company growing?
BTA Baltic Insurance Company's premium grew 3.4% in FY 2025, slower than the market in Latvia (+4.1%).
Sources for this page
Premium, lines, claims paid, solvency (Solvency II own funds and SCR) and profit: Latvijas Banka, public quarterly reports by insurer (Publiskie ceturkšņa pārskati apdrošinātāju dalījumā). Earned premium, claims incurred and expenses (S.05.01): each domestic insurer's SFCR, FY 2021–2025, scaled to its Latvian 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.
Polisa. (2026). BTA Baltic Insurance Company (Latvia): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/lv-bta-baltic-insurance-company
BibTeXShow entry
@misc{polisa_insurers_lv_bta_baltic_insurance_company_2026,
author = {{Polisa}},
title = {BTA Baltic Insurance Company (Latvia): premium, market share, lines, solvency and claims},
year = {2026},
version = {2026-11-11.13378f},
howpublished = {\url{https://polisapro.com/insurers/lv-bta-baltic-insurance-company}},
note = {Accessed 11 November 2026}
}Reuse: Polisa's compilation CC BY 4.0 · source data: Latvijas Banka (free with credit, undistorted), State Revenue Service (CC0), insurers' SFCRs (public disclosures, linked).