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Latvian Motor Insurers' Bureau

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Latvian OCTA insurance trends and administrative issues

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Latest: Latvian Motor Insurers' Bureau warns of OCTA insurance delays

The Latvian Transport Vehicle Insurers Office (LTAB) reported a significant rise in compulsory civil liability (OCTA) insurance payouts, which increased by 13.5% to €84.5 million for the period ending June 30, 2026. This