Insurance

International Internet Magazine. Baltic States news & analytics Monday, 20.11.2017, 23:00

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BTA again insures Freedom Monument in Riga for EUR 1.5 mln

BTA again insures Freedom Monument in Riga for EUR 1.5 mln

14.11.2017

BTA Baltic Insurance Company (BTA) has again insured the Freedom Monument in Riga for EUR 1.5 million, the company informed LETA.

Keyword tags: Financial Services, Insurance, Latvia, Legislation, Real Estate



Estonia's registered unemployment at 4.6% in October

Estonia's registered unemployment at 4.6% in October

13.11.2017

The number of registered unemployed in Estonia stood at 29,626 at the end of October, making up 4.6 of the total number of workforce from age 16 to retirement age, informs LETA/BNS.

Latvian insurers raise premiums 14.3% in 9 months

Latvian insurers raise premiums 14.3% in 9 months

01.11.2017

Insurance companies in Latvia wrote gross premiums worth EUR 325.987 million in the first nine months of this year, which is a 14.3% increase against the same period last year, while indemnities paid by the Latvian insurers grew 6.8% year-on-year to EUR 194.354 million, writes LETA, according to the Latvian Insurers Association.


Estonia to adopt EU Insurance Distribution Directive

Estonia to adopt EU Insurance Distribution Directive

27.10.2017

The Estonian parliament on October 26th passed a bill of amendments to the Insurance Activities Act initiated by the government, according to which the European Union's Insurance Distribution Directive (IDD) will be adopted, informs LETA/BNS.

Unemployment insurance for board members in Estonia would cost EUR 10 mln a year

Unemployment insurance for board members in Estonia would cost EUR 10 mln a year

17.10.2017

The social affairs committee of the parliament in Estonia was set on October 16th to discuss the preparation for the first reading of a bill changing the conditions for the registration of the manager of a business as unemployed, estimated to cost the Estonian state approximately 10 million euros per year, informs LETA/BNS.


14.09.2017

72% Latvians don't buy travel insurance when going to Lithuania or Estonia

In Latvia, 72% of travelers do not buy travel insurance when going to the neighboring Baltic states - Lithuania or Estonia, writes LETA, according to a poll carried out by Latvian non-life insurer Balta which is part of the PZU group.

08.09.2017

Ergo, Telia launch online car insurance service in Estonia

Insurer Ergo and telecom service provider Telia in Estonia have launched a joint motor insurance service allowing to buy insurance coverage only for the period of time that a vehicle is used, informs LETA/BNS.

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