Insurance

International Internet Magazine. Baltic States news & analytics Friday, 21.07.2017, 09:43

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Latvian insurance companies report EUR 1.13 mln in Q1 profit

Latvian insurance companies report EUR 1.13 mln in Q1 profit

20.06.2017

During the first quarter of this year, Latvian insurance companies generated EUR 1.131 mln in aggregate profit, which is 2,4 times more than in the same period last year, according to the data released by the Financial and Capital Market Commission (FCMC) writes LETA.

Keyword tags: Financial Services, Good for Business, Insurance, Latvia



Compensa premiums increase 63.2% in Baltic countries in 2016

Compensa premiums increase 63.2% in Baltic countries in 2016

13.06.2017

Compensa Vienna Insurance Group (Compensa) racked up EUR 45.15 million in premiums in the Baltic countries last year, which is 63.2 percent or EUR 17.49 million more than in 2015, the company's representatives told LETA.

First quarter – significant insurance market changes in Lithuania

First quarter – significant insurance market changes in Lithuania

06.06.2017

In the first quarter of 2017 insurance market growth was three times stronger y-o-y. Insurance premiums amounted to EUR 184.7 mln, an increase of 16% y-o-y, Bank of Lithuania informed.


Loss of Latvia's BAN non-life insurer reaches EUR 43,100 in Q1

Loss of Latvia's BAN non-life insurer reaches EUR 43,100 in Q1

02.06.2017

Latvian non-life insurer Baltijas Apdrosinasanas Nams (BAN) in the first quarter of this year sustained loss worth EUR 43,071 which is twice as big as a year ago, according to the information published by the company writes LETA.

Latvia's Balcia Insurance posts pre-tax profit of EUR 268,400 for Q1

Latvia's Balcia Insurance posts pre-tax profit of EUR 268,400 for Q1

01.06.2017

atvian non-life insurer Balcia Insurance posted EUR 268,380 in profit before taxes for the first quarter of 2017, which 2.6 times more than during the first quarter of 2016, according to the interim financial statements published by the company reports LETA.


19.04.2017

Latvians still feel less secure than Lithuanians and Estonians

Latvians still feel less secure than people in other Baltic states, shows the latest Ergo Security Index in the Baltic States.

12.04.2017

Maxima store collapse in Latvia not covered under insurance policy - Ergo

Maxima Latvija, a subsidiary of the retail group Maxima Grupe, and Tineo, the owner of the Riga shopping center that housed the collapsed Maxima store, are suing Ergo Insurance over its refusal to pay a claim worth 5.34 mln euros, but the insurer says that the event was not covered under the insurance policy, writes LETA.

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