Latvia

Balcia Insurance SE is a Latvia-based internationally recognised non-life insurance company, founded in 1993, offering motor, property, travel, accident and liability insurance products via an online subscription model across Latvia and several other European markets.

AAS BALTA is the leading non-life insurance company in Latvia with over 30 years of experience, serving more than 400,000 individual customers and 35,000 businesses through 42 branches across the country. It is part of PZU Group, one of the largest insurers in Central and Eastern Europe.

BAN is a Latvian non-life insurance joint-stock company that has operated on the Latvian market since 2000, offering motor, property, travel, health, accident, liability, cargo, construction and guarantee insurance to individuals and businesses.

BTA Baltic Insurance Company is the insurance market leader in the Baltic States, offering a broad range of non-life insurance products including motor, property, health, travel, and accident insurance to both private individuals and businesses.

Compensa is a fast-growing insurance brand in Latvia operated by two VIG subsidiaries: Compensa Vienna Insurance Group ADB (non-life) and Compensa Life Vienna Insurance Group SE (life). It offers a comprehensive range of motor, property, travel, health, life, and accident insurance products for private individuals and businesses, combining Austrian quality standards with local market expertise.

ERGO is one of the leading insurance groups in Latvia and the Baltics, operating through two entities: ERGO Insurance SE Latvijas filiāle (non-life) and ERGO Life Insurance SE Latvijas filiāle (life and health). It offers a broad range of personal and commercial insurance products and is part of ERGO Group AG, a subsidiary of Munich Re.

ADB "Gjensidige" Latvia branch is the Latvian subsidiary of the Norwegian-owned ADB Gjensidige, operating as a branch of the Lithuanian-headquartered company. It is a leading non-life insurer offering a full range of insurance products for private and corporate customers. In early 2026, ERGO International AG (Germany) completed the acquisition of ADB Gjensidige across the Baltics; the brand is being phased out as the entity is merged into ERGO.

If P&C Insurance AS Latvia Branch is the Latvian operating branch of If P&C Insurance AS (registered in Estonia), offering a comprehensive range of non-life insurance products for private individuals and businesses. If is the largest property and casualty insurer in the Nordic and Baltic region and is part of the Finnish-listed Sampo Group.

The insurer operating under the brand name "SB Insurance"/"SB draudimas" in the Baltics is a life insurance company that has provided life insurance services since 2000, and became part of the Šiaulių Bankas (now Artea Bankas) group in 2023 after taking over INVL Life's life insurance business in Lithuania, Latvia and Estonia; in May 2025 the company was renamed UAB Artea Life Insurance and its Latvian branch now operates as UAB Artea Life Insurance Latvijas filiāle.

Insurance in Latvia under the Swedbank brand is provided by Swedbank P&C Insurance AS (non-life) and Swedbank Life Insurance SE (life), both Estonian-domiciled companies operating in Latvia through local branches, with Swedbank AS and Swedbank Līzings SIA acting as insurance agents.