Insurance

International Internet Magazine. Baltic States news & analytics Tuesday, 28.04.2015, 22:47

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Riga Circus hopes to revive fire-damaged premises by early July

Riga Circus hopes to revive fire-damaged premises by early July

17.04.2015

Following the major blaze at the Riga Circus complex in downtown Riga, and the shock and time period needed to come to grips with it, Riga Circus management now estimates it will be at full throttle again by early July 2015, reports LETA.

Keyword tags: Financial Services, Insurance, Latvia, Markets and Companies, Real Estate



Ergo increases market share; EUR 1.99 mln losses in Baltics in 2014

Ergo increases market share; EUR 1.99 mln losses in Baltics in 2014

16.04.2015

The total earnings of the insurance company Ergo in the Baltic States reached EUR 5.15 million in 2014. Ergo invested a significant amount funding into reviewing its IT strategy, which caused EUR 1.99 million losses for the company, reports LETA, according to Ergo.

Profits of Lithuanian insurance undertakings up by a third in 2014

Profits of Lithuanian insurance undertakings up by a third in 2014

07.04.2015

In 2014, insurance undertakings registered in Lithuania, according to unaudited data, earned EUR 24.1 million (LTL 83.2 million) of profits, a year-on-year increase of 36%, writes LETA/ELTA.


Insurer to pay EUR 7,200 indemnity to Riga Circus

Insurer to pay EUR 7,200 indemnity to Riga Circus

04.04.2015

The insurance company Gjensidige Baltic has decided to pay an insurance indemnity to Riga Circus in the amount of EUR 7,200 for the losses it suffered during the recent fire, Gjensidige Baltic announced, cites LETA.

Riga Circus suffers EUR 35,000 losses due to fire

Riga Circus suffers EUR 35,000 losses due to fire

27.03.2015

The Riga Circus has calculated the amount of losses caused by the recent fire, estimating up to EUR 35,000, the circus' manager Lolita Lipinska informed LETA.

23.03.2015

Lithuanian Social Insurance Fund's financial flows grow 40 times in 25 years

Social security contributions amounting to EUR 41.4 billion have been paid to the State Social Insurance Fund (Sodra) since its establishment, whereas Sodra has paid out EUR 44.9 billion in benefits, reports LETA/ELTA.

05.03.2015

Latvian insurer Baltikums earns EUR 743,057 in 2014

The insurance company Baltikums operated with a EUR 743,057 profit last year; in 2013 the company suffered losses in the amount of EUR 2.1 million, reports LETA, according to Baltikums financial statement.

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