Insurance

International Internet Magazine. Baltic States news & analytics Friday, 27.05.2016, 11:22

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Balta insurer closes 2015 with audited net profit of EUR 1.2 mln

Balta insurer closes 2015 with audited net profit of EUR 1.2 mln

18.05.2016

The audited net profit of Balta insurance company in Latvia in 2015 was EUR 1.2 million, and premiums subscribed grew 22% from 2014, the company said LETA.

Keyword tags: Financial Services, Insurance, Latvia, Lithuania



Baltic profits of If insurer at EUR 3.1 mln in Q1

Baltic profits of If insurer at EUR 3.1 mln in Q1

11.05.2016

If P&C Insurance insurance company in Estonia and its subsidiaries in Latvia and Lithuania made EUR 3.1 million in profit in the first quarter of 2016, the company said LETA.

Insurance market in Lithuania grew to EUR 160 mln in Q1

Insurance market in Lithuania grew to EUR 160 mln in Q1

09.05.2016

Lithuania's insurance market, as measured by premiums written, grew to 159.206 million euros in the first quarter of the year 2016, up 5.6% from 150.723 million euros in the same period last year, informs LETA, according to figures from the Bank of Lithuania.


Latvian insurers raise premiums by 4.7% in Q1

Latvian insurers raise premiums by 4.7% in Q1

05.05.2016

During the first three months of 2016, insurance companies in Latvia raised their gross premiums by 4.7% from the same period a year ago to EUR 102.141 million, while indemnities paid in the three-month period grew at a faster rate, by 13.4% year-on-year, to EUR 61.039 million, the data of the Latvian Insurers Association shows, cites LETA.

Latvian insurers suffer almost EUR 2 mln loss from auto insurance in Q1

Latvian insurers suffer almost EUR 2 mln loss from auto insurance in Q1

03.05.2016

In the first quarter of 2016, Latvian insurance companies incurred a loss of EUR 1.97 million from motor third party liability (MTPL) insurance, informs LETA, according to the Motor Insurers' Bureau of Latvia.

27.04.2016

Estonian minister files plan to restore jobless benefit for board members

Estonia's Minister of Health and Labor Jevgeni Ossinovski has put before the government a plan to restore the right of members of the management boards of companies to get the unemployment insurance benefit if they lose their job and income, provided that they get no remuneration for serving in the position of board member, informs LETA/BNS.

21.04.2016

BTA Insurance Company in Baltics posts EUR 3.56 mln in H2

BTA Baltic Insurance Company that took over the Baltic business portfolio after restructuring of its parent company BTA Insurance Company SE, and started operations on July 1, 2015, posted EUR 4.2 million in audited gross profit and EUR 3.67 million in net profit, informs LETA.

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