International Internet Magazine. Baltic States news & analytics
Monday, 15.09.2014, 12:28
The Ministry of Finance in Lithuania has proposed to loan the State Social Insurance Fund Board (SoDra) LTL 745.4 million (EUR 207.2 million), informs LETA/ELTA.
Keyword tags: Financial Services, Insurance, Lithuania, Loan
Insurance company ERGO Insurance has covered costs incurred by Lithuanian Idavang for all 19,198 pigs that had contracted African swine fever, died or had to be slaughtered in its farm in Ignalina district, reports LETA/ELTA.
The total amount of premiums signed by insurance companies in Latvia, increased 6% in the first half of 2014, according to information provided by Latvian Insurers Association, cites LETA.
Insurance company Ergo has increased its amount of premiums, profit and market share in the Baltic States in the first half of 2014, reports LETA.
For its clientele in Latvia and Lithuania, the life insurance company MetLife from now on will be working out of its offices in Poland, informs LETA.
Revenue of the State Social Insurance Fund Board (SoDra) has continued to grow consistently since January 2014. Meanwhile, expenditure remained similar as last year, but deficit was substantially lower, informs LETA/ELTA.
Joint-stock insurance company Balta operated with EUR 229,600 in profit in the first six months of the year 2014, informs LETA.