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Tuesday, 02.09.2014, 09:48
The total amount of premiums signed by insurance companies in Latvia, increased 6% in the first half of 2014, according to information provided by Latvian Insurers Association, cites LETA.
Keyword tags: Financial Services, Insurance, Latvia
Insurance company Ergo has increased its amount of premiums, profit and market share in the Baltic States in the first half of 2014, reports LETA.
For its clientele in Latvia and Lithuania, the life insurance company MetLife from now on will be working out of its offices in Poland, informs LETA.
Revenue of the State Social Insurance Fund Board (SoDra) has continued to grow consistently since January 2014. Meanwhile, expenditure remained similar as last year, but deficit was substantially lower, informs LETA/ELTA.
Joint-stock insurance company Balta operated with EUR 229,600 in profit in the first six months of the year 2014, informs LETA.
The insurance company If in Estonia and its subsidiaries in Latvia and Lithuania posted a consolidated profit of EUR 10.2 million in the first six months of 2014, informs LETA.
Insurance company BTA Insurance Company (BTA) racked up EUR 92.1 million in premiums in the first half of 2014, which is EUR 7.8 million or 9.1% more than in the first half of 2013, informs LETA.