International Internet Magazine. Baltic States news & analytics
Saturday, 25.10.2014, 18:15
Latvian Financial and Capital Market Commission approved new persons joining Management Board of Balta, leader of Latvian insurance market: Mr.Bogdan Benczak, who will be the new CEO of Balta, and Mr. Rafał Rybkowski – the new CFO.
Keyword tags: EU – Baltic States, Financial Services, Insurance, Latvia, Legislation
In the first three quarters of 2014 budget revenue of the State Social Insurance Fund (SoDra) increased by approximately LTL 500 million (EUR 145 million) year-on-year, based on preliminary data, cites LETA/ELTA.
The Aon Hewitt Company has completed collating data for the Best Employees 2014 study. For the first time, comparative data on employee satisfaction in various industries in the Baltic countries have been incorporated into the study along with the data for eleven Central and Eastern Europe countries, informed BCAon Baltics employee motivation and insurance programme manager Olga Condorfa.
Over the period of 3 years the non-life insurance company BTA registered almost 13,000 car accidents in the three largest cities of Lithuania as 58% were registered in Vilnius, 27% – in Kaunas and 14% – in Klaipeda, informs LETA/ELTA.
The Ministry of Finance in Lithuania has proposed to loan the State Social Insurance Fund Board (SoDra) LTL 745.4 million (EUR 207.2 million), informs LETA/ELTA.
Insurance company ERGO Insurance has covered costs incurred by Lithuanian Idavang for all 19,198 pigs that had contracted African swine fever, died or had to be slaughtered in its farm in Ignalina district, reports LETA/ELTA.
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.