Insurance

International Internet Magazine. Baltic States news & analytics Wednesday, 04.05.2016, 14:41

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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.

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



Estonian minister files plan to restore jobless benefit for board members

Estonian minister files plan to restore jobless benefit for board members

27.04.2016

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.

BTA Insurance Company in Baltics posts EUR 3.56 mln in H2

BTA Insurance Company in Baltics posts EUR 3.56 mln in H2

21.04.2016

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.


Insurance should be more expensive for providers of ridesharing in Estonia

Insurance should be more expensive for providers of ridesharing in Estonia

15.04.2016

The Estonian Insurance Association believes that a database should be set up of private vehicles that are used to provide the ridesharing service and that possibly insurance payments for such vehicles should be increased, Postimees said, cites LETA/BNS.

Lithuanian insurers post EUR 13.4 mln losses for 2015

Lithuanian insurers post EUR 13.4 mln losses for 2015

12.04.2016

Lithuanian insurance companies posted 13.4 million euros in combined losses for 2015, versus 24 million euros in profits for 2014, the Bank of Lithuania informed LETA/BNS.

12.04.2016

Registered unemployment in Estonia stays at 5.1% in March

Registered unemployment in Estonia remained in March 2016 at the previous month's level, with 32,638 people or 5.1% of the working-age population registered as out of work at the end of the month, informs LETA/BNS.

07.04.2016

Gjensidige to merge its Baltic companies

Gjensidige non-life insurer is merging its companies in the Baltic States and plans to finish the process by this fall, informs LETA.

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