International Internet Magazine. Baltic States news & analytics
Saturday, 23.05.2015, 14:53
In the first four months of 2015 the State Social Insurance Fund (Sodra) budget revenue was the highest since its establishment and totalled EUR 945.7 million, reports LETA/ELTA.
Keyword tags: Budget, Financial Services, Insurance, Lithuania
While looking for ways to reduce shadow economy in Latvia, the option of linking up healthcare services with residents' personal income tax payments is being proposed again, said Prime Minister Laimdota Straujuma (Unity) in an interview with LNT television this morning, cites LETA.
The total profit of the Estonian insurance company If P&C Insurance AS, and its subsidiaries in Latvia and Lithuania, amounted to EUR 5.2 million in the first quarter of 2015, reports LETA, according to If P&C Insurance AS.
The Estonian Health Insurance Fund (EHIF) council approved the annual reports of the fund for the year 2014, according to which it funded health services, medicines and benefits for a total of 908 million euros, which is 78 million more than the year before, reports LETA.
One of the world’s largest insurance companies – American International Group (AIG) – has established a Service Center in Vilnius, Lithuania. As an integral part of AIG’s network covering Europe, Middle East and African markets, the Vilnius AIG center will service insurance policies, manage claims and oversee benefit payouts, reports BC the Invest Lithuania.
Norwegian banking and insurance company Storebrand officially launched its brand new training centre in Vilnius. The firm, which has had operations in Lithuania since 2007, has invested around EUR 290,000 in the new 550 square meter centre, reports BC the Invest Lithuania.
Following the major blaze at the Riga Circus complex in downtown Riga, and the shock and time period needed to come to grips with it, Riga Circus management now estimates it will be at full throttle again by early July 2015, reports LETA.