Insurance

International Internet Magazine. Baltic States news & analytics Tuesday, 30.05.2017, 14:14

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Latvians still feel less secure than Lithuanians and Estonians

Latvians still feel less secure than Lithuanians and Estonians

19.04.2017

Latvians still feel less secure than people in other Baltic states, shows the latest Ergo Security Index in the Baltic States.

Keyword tags: Baltic, Financial Services, Insurance, Latvia, Society



Maxima store collapse in Latvia not covered under insurance policy - Ergo

Maxima store collapse in Latvia not covered under insurance policy - Ergo

12.04.2017

Maxima Latvija, a subsidiary of the retail group Maxima Grupe, and Tineo, the owner of the Riga shopping center that housed the collapsed Maxima store, are suing Ergo Insurance over its refusal to pay a claim worth 5.34 mln euros, but the insurer says that the event was not covered under the insurance policy, writes LETA.

Maxima retailer litigating with Ergo insurer over insurance premium after store collapse

Maxima retailer litigating with Ergo insurer over insurance premium after store collapse

12.04.2017

Maxima Latvija, subsidiary of Maxima Grupe (Maxima Group) that operates of retail chains in the Baltics, Poland and Bulgaria, and Tineo, the owner of the shopping center that accommodated the collapsed Maxima store, seek to receive an insurance premium of 5.34 mln euros from Ergo Insurance company, reported LETA/BNS.


Baltikums Vienna Insurance Group renamed to InterRisk Vienna Insurance Group

Baltikums Vienna Insurance Group renamed to InterRisk Vienna Insurance Group

22.03.2017

Non-life insurer Baltikums Vienna Insurance Group has been renamed to InterRisk Vienna Insurance Group, information from Firmas.lv suggests LETA.

Insurers' Association expects consolidation to continue on Baltic insurance market

Insurers' Association expects consolidation to continue on Baltic insurance market

16.12.2016

Consolidation is likely to continue on the Baltic insurance market in the coming years, and in five years there could be five to six large market players in the Baltics, down from the current seven to eight major insurance companies, Latvian Insurers' Association told LETA.


07.12.2016

Balta insurer pays record-high EUR 4.85 mln indemnity for damage caused by fire at Lignums plant

Balta non-life insurer has paid a EUR 4.85 mln indemnity to Latvijas Finieris wood processing company for the damage brought by a fire that destroyed the company's Lignum plant in 2014, reports LETA.

07.10.2016

Knowledgeprice.com and Ninety’s IT solution for Zurich Insurance receives the prestigious British Insurance Times Tech & Innovation Award

Information technology (IT) company Knowledgeprice.com, known for outsourcing services to foreign financial and insurance companies, in partnership with Ninety, the agile digital transformation specialist in the UK, has developed a solution for Switzerland’s largest insurer Zurich Insurance that has given it the treasured first-place win in the “Best Use of Technology to Improve Customer Experience” category at one of the most prominent insurance sector award ceremonies held in Britain.

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