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Baltikums AAS - Ownership and Business Overview

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Baltikums AAS Ownership

Who owns Baltikums AAS?

Baltikums AAS is owned by Vienna Insurance Group AG. It was acquired on July 29, 2015.

Baltikums AAS Business Overview

Where is Baltikums AAS headquartered?

Baltikums AAS is headquartered in Riga, Latvia.

What sector is Baltikums AAS in?

Baltikums AAS is an insurance company.

Insurance M&A Summary in 2015

Out of 60 sectors in the Mergr database, insurance ranked 6 in number of deals in 2015. The largest insurance acquisition in 2015 was Chubb - which was acquired by Chubb for $28.3B.

Subscribe to Mergr to view all 420 acquisitions of insurance companies in 2015, including 15 acquisitions by private equity firms, and 405 by strategics.

Baltikums AAS

Udens iela 12 115.kab ,
Riga, 1007
Latvia,
+371 67 807 455

Baltikums AAS is a non-life insurer with an 8 percent market share, making it number 6 in the Latvian insurance market. The company also operates via branches in Lithuania and Estonia. In the financial year 2014, the company generated premiums of more than EUR 20 million. Among others, its product portfolio includes motor and liability insurance, health and travel insurance. Products are sold through their own sales staff as well as through a large network of brokers and agents. Baltikums AAS presently employs about 250 people.


Company Summary

SECTOR

Insurance

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