Insurance

International Internet Magazine. Baltic States news & analytics Sunday, 01.03.2015, 10:26

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BTA in Latvia racks up EUR 178.5 mln in gross premiums in 2014

BTA in Latvia racks up EUR 178.5 mln in gross premiums in 2014

27.02.2015

In 2014, BTA Insurance Company (BTA) collected EUR 178.5 million in gross premiums, which is EUR 18.5 million or 11.6% more than in 2013, according to BTA's unaudited financial statement, cites LETA.

Keyword tags: Financial Services, Insurance, Latvia



Saeima committee to motion for suspension of Baltijas apdrosinasanas nams insurer's license

Saeima committee to motion for suspension of Baltijas apdrosinasanas nams insurer's license

18.02.2015

Saeima's Parliamentary Inquiry Committee in Latvia intends to motion for the Financial and Capital Market Commission to consider suspending license for the joint-stock insurance company Baltijas apdrosinasanas nams (BAN), the committee decided today, cites LETA.

In 2015, insurance market in Lithuania likely to grow as fast as in 2014

In 2015, insurance market in Lithuania likely to grow as fast as in 2014

16.02.2015

Driven by a recovery in the economy and an almost 7% increase over 2014, the insurance market this year is likely to maintain a similar growth rate, forecasts the Bank of Lithuania, cites LETA/ELTA.


If earns EUR 17 mln in Baltics in 2014

If earns EUR 17 mln in Baltics in 2014

12.02.2015

The Estonia-registered insurance company If P&C Insurance and its subsidiaries in Latvia and Lithuania earned EUR 17 million in 2014, which is 28.8% more than in 2013, when the company earned EUR 13.2 million, If Apdrosinasana spokeswoman Daiga Bluke informed LETA.

Latvia's insurance market increases by 11% in 2014

Latvia's insurance market increases by 11% in 2014

04.02.2015

Latvia's insurance market, not including premiums signed abroad, increased 11% in 2014, whereas the amount paid in insurance claims increased 3%, reports LETA, referring to the Latvian Insurers Association's preliminary data.

03.02.2015

Gjensidige acquires PZU Lietuva

Gjensidige Forsikring ASA has on 2 February 2015 agreed to acquire 99.88% of the shares in PZU Lietuva from PZU SA for EUR 54 million. The acquisition is in line with Gjensidige’s strategy to grow in the Nordic region and the Baltics.

19.01.2015

Estonian Health Insurance Fund approved 2015 budget

Estonian Health Insurance Fund (EHIF) council approved the fund's 2015 budget with the total volume of 952.7 million euros; the increase compared to last year's budget is 5.1%, the fund announced, cites LETA.

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