International Internet Magazine. Baltic States news & analytics
Wednesday, 16.04.2014, 19:39
According to the preliminary data, income of the State Social Insurance Fund Board (SoDra) in Lithuania in January and February 2014 was the highest one since the global economic crisis in 2008, reports LETA/ELTA.
Keyword tags: Budget, Financial Services, Insurance, Legislation, Lithuania
A study by non-life insurance company BTA revealed that each year thefts account for 2% of all CASCO (full-coverage car insurance) insured events in Lithuania. According to the data of the Police Department, 3,166 thefts were registered in Lithuania in 2013, or by 7% less year-on-year, informs LETA/ELTA.
New sales volume of insurance company Aviva Lietuva grew by 65%, while in premiums it became the second insurance service provider in Lithuania, reports LETA/ELTA.
The total amount of premiums signed by insurance companies in Latvia increased 7% last year, according to Latvian Insurers Association's data, informs LETA.
Lithuania's National Audit Office noted that the residents not always were provided with the enough amount of the information about the investment risk, even if the insurers argued the opposite, informs LETA/ELTA.
Comparing the healthcare systems of Germany and Lithuania, Lithuania's Minister of Health Vytenis Povilas Andriukaitis said that it was impossible to get better treatment for the private insurance in Germany, informs LETA.
Insurance company If P&C Insurance branches in Estonia, Latvia and Lithuania achieved EUR 13.2 million in consolidated profit in 2013, the company said in an announcement to the media today, cites LETA/Nozare.lv.