Insurance

International Internet Magazine. Baltic States news & analytics Friday, 21.11.2014, 00:45

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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

12.11.2014

Joint-stock insurance company BTA Insurance Company (BTA) has renewed its insurance policy for the Freedom Monument in Riga for the 11th year in a row, as a gift to the Riga City Council, reports LETA.

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



If earns EUR 17.4 mln in Baltics in January-September

If earns EUR 17.4 mln in Baltics in January-September

06.11.2014

Estonia-registered insurance company If P&C Insurance and its subsidiaries in Latvia and Lithuania, earned EUR 17.4 million in January-September 2014, informs LETA.

PZU finalized its contract with Lietuvos Draudimas and Codan Forsikring

PZU finalized its contract with Lietuvos Draudimas and Codan Forsikring

03.11.2014

On 31 October 2014, subsequent to obtaining the required consents and approvals from market regulators, PZU SA has finalized its contract with the RSA Group to purchase the Lithuanian company doing business as Lietuvos Draudimas and the Estonian branch of Denmark’s Codan Forsikring A/S, reported BC international communication officer at PZU Group Agnieszka Zebrowska.


Siauliu Bankas is strengthening its positions in leasing, insurance markets

Siauliu Bankas is strengthening its positions in leasing, insurance markets

31.10.2014

The largest Lithuanian capital bank – Siauliu Bankas – is expanding its activities in leasing area and strengthening its steps in a life insurance market, reports LETA/ELTA.

BTA in Latvia posts EUR 4.9 mln in profit in 9 months

BTA in Latvia posts EUR 4.9 mln in profit in 9 months

28.10.2014

Insurance company BTA Insurance Company (BTA) in Latvia racked up EUR 133.1 million in premiums in the first nine months of 2014, which is 8.4% more than in the first none months of 2013, informs LETA.

16.10.2014

New Polish members in Balta’s management board in Latvia

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.

14.10.2014

Budget revenue of Lithuania's State Social Insurance Fund grows in 9 months

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.

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