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Monday, 22.12.2014, 01:12
In the first 11 months of 2014, the State Social Insurance Fund (Sodra) collected by LTL 600,000 (EUR 174,000) more revenue than projected. Revenue reached LTL 8.98 billion (EUR 2.60 billion), reports LETA/ELTA.
Keyword tags: Budget, Financial Services, Insurance, Lithuania
All restrictions on social insurance allowances and family benefits that were adopted in 2009 could be lifted in 2015, informs LETA, referring to a report by the Welfare Ministry.
The Estonian government approved and sent to the Riigikogu a draft law that ensures health insurance for freelance creative professionals and other persons who have irregular income or persons working for several employers, LETA/Public Broadcasting reports.
The total amount of premiums signed by insurance companies in Latvia, increased 7% in the first three quarters of this year, reports LETA, referring to information provided by Latvian Insurers Association.
During a second consideration of the improved draft budget for 2015 of the State Social Insurance Fund Board under the Ministry of Social Security and Labor (Sodra), the Seimas approved the document. The Seimas will hold an extraordinary voting on its adoption on 4 December, reports LETA/ELTA.
Over the three quarters of the year 2014, the insurance market in Lithuania, in terms of premiums written, increased by 6.3% and amounted to almost LTL 1.5 billion. Such growth was driven by rapid expansion of the life assurance sector, reported BC press service of the Bank of Lithuania.
Joint-stock insurance company BTA Insurance Company (BTA) has renewed its insurance policy for the Freedom Monument in Riga for the 11th year in a row, as a gift to the Riga City Council, reports LETA.