Insurers.global
Illustrated portrait of Latvia; geographic and cultural interpretation, not regulator premises.
← The regulatory atlasCOUNTRY PERSPECTIVE / Latvia

Central-bank supervision

LatviaLatvijas Banka

Insurance supervision in Latvia.

AI-generated country illustrationSources checked

01 / The institution

Latvijas Banka

Insurance supervision is carried out by Latvijas Banka within its integrated financial-supervision framework.

How it is structured

Central-bank supervision

Institutional source ↗

The legal foundations

Mandate, written into law.

Establishing legislation and the rules governing insurance may be different instruments.

02 / Market signals

The numbers, with context.

Figures retain the reporting period and accounting basis of their source. They are snapshots, not live indicators or directly comparable country rankings.

Insurance penetration. A current premium-to-GDP ratio has not been independently verified for this profile. No estimate is substituted.

03 / The report notebook

A dated view of the market.

What we noted in the regulator’s publications. Each entry separates the period covered, publication date when known, and our review date.

ReviewedNOTE 01

2025 · Published

Latvian insurance market: a new participant, more policies and growing premiums ↗

The central bank’s annual domestic-market summary was read. The growth rate concerns business in Latvia, not all international business of Latvian insurers.

Domestic market · 2025

+4%

Health, property and land-vehicle insurance contributed to growth; rising medical costs affected health insurance.

Latvian insurance market: a new participant, more policies and growing premiumsAnnual market overview · Country illustration
Read the original publication ↗

04 / Official contacts

Reach the institution.

Public institutional channels, checked 17 September 2026.

General enquiries
info@bank.lvSource ↗

Research trail

Sources you can follow.

Independent editorial research by Insurers Global. Source dates do not certify that a law includes every subsequent amendment.

  1. Disclosure of information in accordance with Regulation (EU) 2015/2451 | Latvijas Banka ↗Checked
  2. Institutional website — contact route ↗Checked
  3. Official institutional contact information ↗Checked
  4. Latvian insurance market: a new participant, more policies and growing premiums ↗Checked

Country scenes are AI-generated illustrations made with OpenAI image tools, not official regulator photographs or endorsements. Quotations remain searchable text. Report figures and directory verification are maintained separately.