Insurance

International Internet Magazine. Baltic States news & analytics Friday, 20.07.2018, 00:10

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Free plastic bags will be no longer available at stores starting 2019

Free plastic bags will be no longer available at stores starting 2019

18.07.2018

Free plastic shopping bags will no longer be available at Latvian stores starting 2019, according to amendments to the Packaging Law that the government approved, reports LETA.

Keyword tags: Ecology, Insurance, Market Review, Retail



SEB to merge its Baltic life insurance businesses

SEB to merge its Baltic life insurance businesses

13.07.2018

SEB is to combine its Baltic life insurance businesses into one company in order to simplify the organization's operation model and improve the value proposition of life and pension insurance services and solutions.

Latvian insurers raise premiums 19.6% in Q1

Latvian insurers raise premiums 19.6% in Q1

21.06.2018

The gross premiums written by Latvian insurance companies and the Latvian branches of foreign insurance companies in the first three months of 2018 rose by 19.6% against the same period in 2017, while the claims paid by the insurers grew 8.2%, writes LETA, according to the data released by the financial regulator, the Financial and Capital Market Commission.


Ergo insurer posts EUR 1.7 mln in Q1 Baltic profit

Ergo insurer posts EUR 1.7 mln in Q1 Baltic profit

16.05.2018

Ergo insurance group closed the first quarter of 2018 with EUR 1.71 million in Baltic profit, the company’s spokeswoman Agense Grinberga told LETA.

Loss from mandatory insurance in Latvia shrinks to EUR 120,000 in Q1

Loss from mandatory insurance in Latvia shrinks to EUR 120,000 in Q1

09.05.2018

Latvian insurance companies’ aggregate loss from mandatory motor third party liability (MTPL) insurance was EUR 120,000 in the first quarter of 2018, down from EUR 4.054 million in the same period last year, writes LETA, according to information released by the Motor Insurers’ Bureau of Latvia (LTAB).


10.04.2018

Estonia's registered unemployment grew by 2.6% in March

The number of registered unemployed in Estonia stood at 33,268 at the end of March, marking an increase of 2.6% compared with the same period last year, and made up 5.1 of the total number of workforce from age 16 to retirement age, which is 0.1 percentage points more than in March 2017, informs LETA/BNS.

22.03.2018

Health insurance to Latvian residents not paying social tax to cost EUR 51.60

People who are not making the state social insurance contributions, will have to pay EUR 51.60 or 1% of the minimum wage in 2018 in order to become entitled to the full basket of the government-paid health care services, according to the draft Cabinet of Ministers regulations, announced for the state secretaries meeting today, informs LETA.

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