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privateFinancial Strength: A- (PZU Group — S&P)

Balta Insurance

Apdrošinašanas akciju sabiedriba BALTA

88Score

★★★☆☆3.8

Customer satisfaction · 140K members

Bank of Latvia: #1 Health Insurer (140K+ Members)(2025)

Balta is Latvia's health insurance market leader with over 140,000 insured people and approximately 19% overall non-life market share. Part of PZU Group (Poland's largest insurer), it operates 42 branches across Latvia with 600+ employees and focuses primarily on corporate group health insurance for companies with 4+ employees.

Overall Score

88/100

Founded

1992

Headquarters

Riga

Type

private

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Key Metrics

Health Members

140,000+

Market Share

~19% non-life

Parent Company

PZU Group (Poland)

Branches

Editorial Ratings

Bank of Latvia: #1 Health Insurer (140K+ Members)(2025)

Rating: Health insurance market leader — 140,000+ insured; ~19% non-life share (max: #1)

88Bank

Coverage Highlights

✓Health insurance market leader in Latvia (140,000+ insured)
✓600+ employees across 42 branches
✓Part of PZU Group (Poland's largest insurer)
✓Corporate group health insurance for companies with 4+ employees

Pros

✓#1 in health insurance by members in Latvia
✓Strong Polish parent (PZU Group, S&P: A-)
✓Extensive branch network (42 branches across Latvia)
✓English website available

Cons

✗Minimum 4 employees for group coverage (limited individual options)
✗Corporate focus limits access for individuals
✗Premium pricing

Frequently Asked Questions

Can individuals get Balta health insurance?

Balta's health insurance primarily targets corporate clients with a minimum of 4 employees. Individual health insurance options are more limited — check their website for current offerings.

Who owns Balta?

Balta is part of PZU Group, Poland's largest insurer with an S&P rating of A-.

Quick Summary

InsurerBalta Insurance

Country🇱🇻 Latvia

Overall Score88/100

Satisfaction3.8/5

Members140K

Typeprivate

Founded1992

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