ERGO in the Baltic States
ERGO in the Baltic States
ERGO is one of the leading insurance groups in the Baltic States operating on the non-life, life and health insurance markets in Estonia, Latvia, Lithuania and Belorussia, on the second pillar pension fund market in Estonia and Lithuania and on the non-life insurance market in Belarus. Almost 450,000 clients in the Baltic States trust the services, expert knowledge and financial stability of ERGO.
ERGO Baltic companies belong to the ERGO Insurance Group. With premium income amounting to € 20 billion ERGO is one of the major insurance groups in Europe. Worldwide, ERGO is represented in more than 30 countries and concentrates on Europe and Asia. In Europe, ERGO is no. 1 in the health and legal expenses insurance segments, and in its home market of Germany it is among the market leaders.
ERGO offers a wide spectrum of different types of insurance and other services, and, as a reliable and fair partner, intends to be the permanent no. 1 choice for all provision and insurance needs of its clients. Over 40 million customers not only rely on the extensive range of insurance, provision and services provided by ERGO and its companies, but also its security and financial strength.
ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers. Under its umbrella, both primary insurer and reinsurer capitalize on opportunities to turn risk into value. The investments undertaken by Munich Re amount to approximately € 182 billion, of which € 113 billion are accounted for by ERGO, and are managed by the joint asset management and fund company MEAG.
In brief
- Over 40 million customers worldwide, 20 million in Germany
- European market leader in private health and legal expenses insurance
- Total premium income of € 20 billion
- Investments of € 113 billion
- Financially strong with equity of € 3.9 billion
- Over 33,000 salaried employees and 21,000 full-time representatives
The Structure of the ERGO Insurance Group in the Baltic States
