Insurance

International Internet Magazine. Baltic States news & analytics Tuesday, 21.05.2019, 19:04

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Situation on Latvian roads this year is the worst one in past five or ten years

Situation on Latvian roads this year is the worst one in past five or ten years

22.03.2019

The situation on Latvia roads is the worst one in the past five or ten years, said non-risk insurer Balta, citing the company’s data on damages to cars due to poor quality roads, reported LETA/BNS.

Keyword tags: Analytics, Financial Services, Insurance, Latvia, Transport



Latvia's BAN non-life insurer reports EUR 252,700 in 2018 profit

Latvia's BAN non-life insurer reports EUR 252,700 in 2018 profit

13.03.2019

Latvian non-life insurer Baltijas Apdrosinasanas Nams (BAN) made EUR 252,731 in profit last year in contrast to loss in the previous year, according to information released by the company informed LETA/BNS.

Lithuania's Aviva Lietuva earned EUR 10.7 mln last year

Lithuania's Aviva Lietuva earned EUR 10.7 mln last year

07.03.2019

British-owned Lithuanian life insurance and pension funds company Aviva Lietuva posted 10.7 mln euros in net profits last year, up 1.9% from 10.5 mln euros in 2017, reported LETA/BNS.


Forecast: Life assurance and non-life insurance markets in Lithuania should see balanced growth in 2019

Forecast: Life assurance and non-life insurance markets in Lithuania should see balanced growth in 2019

22.02.2019

According to Bank of Lithuania projections, in 2019 growth in the domestic insurance market should moderate compared to the previous year, while life assurance and non-life insurance markets are anticipated to grow at an even pace, even though their growth rates have varied significantly over the last few years.

Latvian insurers receive about 400 claims for car damages due to poor quality roads in 2019

Latvian insurers receive about 400 claims for car damages due to poor quality roads in 2019

20.02.2019

Insurers this year have received about 400 claims for damages to transport vehicles due to the poor quality of roads, the Latvian Association of Insurers reported.


15.02.2019

Bank of Lithuania: ADB Compensa Vienna Insurance Group fined

After assessing the inspection results of ADB Compensa Vienna Insurance Group, the Board of the Bank of Lithuania imposed it a fine of 20,000 EUR for violations of legal acts and disclosure of misleading information related to its financial condition in the supervisory reporting and financial statements, informed Bank of Lithuania.

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