Claim – a demand made by the insured, or the insured’s beneficiary, for payment of the benefits provided by the contract.

Financial intermediation – the activity in which an institutional unit acquires financial assets and at the same time incurs liabilities on its own account by engaging in financial transactions on the market.

Life insurance – the class of assurance which comprises, in particular, assurance on survival to a stipulated age only, assurance on death only, assurance on survival to a stipulated age or on earlier death, life assurance with return of premiums, marriage assurance, birth assurance.

Non-life insurance – all branches of insurance other than life insurance. Non-life insurance by type are motor TPL insurance incl. membership fee to ETIF, accident and sickness, travel insurance, land vehicles insurance (natural persons), land vehicles insurance (legal persons), other vehicles insurance, goods in transit insurance, property insurance (natural persons) , property insurance (natural persons), vehicles liability insurance, general liability insurance, Insurance for pecuniary loss.

Premium – the price of the insurance protection for a specified risk for a specified period of time.

More detailed information about the types of insurance activities can be found in the Insurance Activities Act.


The financial Intermediary statistics describe the financial activity of financial enterprises. Information about insurance companies is collected by means of a survey. The survey covers only economically active commercial organizations.

Statistical unit

Statistical unit is the enterprise.


Survey population comprise enterprises (Estonian Classification of Economic Activities – EMTAK, economic activity K), which are included in the register of economically active enterprises called the Statistical Profile. The Statistical Profile is created on the basis of the database of the Ministry of Justice Centre of Register and is used as a sampling frame.

Sampling frame

Data on insurance are collected by total survey. Enterprises have been divided by economic activities according to the Estonian Classification of Economic Activities (EMTAK). EMTAK has been worked out on the basis of the Statistical Classification of Economic Activities in the European Community NACE Rev. 1.


The group of respondents includes enterprises, which had completed the questionnaire, as well as enterprises, which had no economic activity in the reference period. Including the data on economically active enterprises in Estonia, excluding associated companies, subsidiaries and affiliates.

Change in non-life insurance methodology

From 2019, all insurance premiums receivable during the whole insurance period as of the month the insurance policy takes effect, irrespective of the subsequent premiums, should be taken into account in the calculation of the amount of non-life insurance premiums. According to the methodology applicable until 2018, the subsequent premiums for the respective month were reported monthly. The transitional period is December 2018: subsequent premiums payable based on earlier non-life insurance contracts should be reported as single payments in December 2018. Therefore, the statistics for 2018 may be slightly confusing, but the premium payments in 2019 will be comparable already.


December 2018:

For example, if an insurance contract entered into force on 1 July 2018 and the insurance premium is paid quarterly in four equal contributions that total 100 euros (i.e. 25 euros quarterly) a week prior to the beginning of the respective quarter, these premium payments should be recorded in 2018 in the questionnaire as follows:

June 2018: 25 euros;

September 2018: 25 euros;

December 2018: 50 euros (in December, all those subsequent premium payments that should be collected after 31 December 2018 are also included).


An insurance contract is concluded on 1 July 2019. The insurance premium for the insurance period 02 August 2019 to 01 August 2020 is 100 euros, which is paid quarterly in the amount of 25 euros. In August 2019, the insurance premium for the whole insurance period in the amount of 100 euros should be reported.

It does not matter whether the payment has been received or not, neither is the date of concluding the insurance contract relevant – premium payments should be recorded based on the date the insurance contract took effect.

If the insurance period is longer than a year, the insurance premium should be calculated until the end of the insurance period still in the reference period when the insurance contract was entered into.

If an insurance contract takes effect on 1 July 2019, the insurance period ends on 30 June 2020 and the insurance premium of 300 euros should be paid annually, in that case the insurance premium for this insurance policy should be reported for the whole insurance period in the amount of 300 euros in July 2019.


If the eventual insurance premium is determined during or at the end of the insurance period, it is reported in the period when the insurance premium was ultimately determined. If an advance payment has been made, it should be reported in the period when it was determined. Later, when the eventual premium is determined, the difference between the advance payment and the eventual premium, or the set-off amount, should be reported. In other words, events that happened in the reference period should be recorded: changes in the premium in the insurance period should be reported when the supplementary premium was decided in the case of set-off.


If the insurance contract is cancelled during the insurance period, the reimbursements should be reported in the month of cancellation. Each insurer uses its own methods for calculating the reimbursements.


Estonian Classification of Economic Activities (EMTAK 2008)


Life insurance


Non-life insurance


Eesti Statistika Kvartalikiri. Quarterly Bulletin of Estonian Statistics


Insurance premiums include reinsurance ceded.
Paid claims include total claims paid + claim handling expenses + applicant treatment costs, with reinsurance ceded.


Egle Raidsalu
Enterprise and Agricultural Statistics Department
Tel: +372 625 9356