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Balcia Insurance SE (Latvia)

Main Activities: Insurance Carriers and Related Activities | Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Balcia Insurance SE Profile Updated: October 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian Download a sample report

Balcia Insurance is a licensed insurance company operating in all European Union countries. The company focuses on non-life insurance products and services, initially offering Motor Third Party Liability insurance for carriers in Lithuania. Balcia Insurance plans to expand its service range to include most non-life insurance products within the next two years. The company aims to become a leader in the insurance market in Lithuania. The company is recognized as one of the top 100 export brands of Latvia.

Headquarters
Krisjana Valdemara iela 63
Riga; Riga; Postal Code: LV-1010

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Website: https://www.balcia.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 01, 1993
Key Executives
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Chief Executive Officer
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Board member
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Board member
Ownership Details
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29.69%
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29.69%
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29.69%
Company Performance
Financial values in the chart are available after Balcia Insurance SE report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net Profit (Loss) for the Period
-26.41%
Total assets
5.84%
Investments
3.42%
Receivables
-14.27%
Total equity
0.31%
Net Profit Trend
61.8%
Return on Equity (ROE)
-1.31%

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