Insurance

International Internet Magazine. Baltic States news & analytics Thursday, 24.04.2014, 19:11

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Estonian Unemployment Insurance Fund reserves reached 529.1 mln euros in 2012

Estonian Unemployment Insurance Fund reserves reached 529.1 mln euros in 2012

24.04.2014

The net asset value of Estonian Unemployment Insurance Fund (EUIF) grew fast in 2013 and reached 529.1 million euros in 2012, the economic year report approved buy the fund's council on Wednesday indicates, LETA/Public Broadcasting reports.

Keyword tags: Employment, Estonia, Financial Services, Funds, Insurance, Legislation



PZU purchases RSA assets in Baltics and Poland

PZU purchases RSA assets in Baltics and Poland

17.04.2014

PZU SA has today reached an agreement, subject to regulatory and antitrust approvals, to purchase Lietuvos Draudimas AB in Lithuania, AAS Balta in Latvia, the business of the Estonian branch of Codan Forsikring A/S and Link4 Towarzystwo Ubezpieczen S.A. in Poland. The total aggregate consideration amounts to approx. EUR360m. The acquisitions are a key step in fulfilling PZU’s strategy of international expansion, informed BC PZU’s press service.

Lithuania's SoDra receives highest income in 5 years in January-February 2014

Lithuania's SoDra receives highest income in 5 years in January-February 2014

19.03.2014

According to the preliminary data, income of the State Social Insurance Fund Board (SoDra) in Lithuania in January and February 2014 was the highest one since the global economic crisis in 2008, reports LETA/ELTA.


Most vehicles in Lithuania are stolen in Vilnius and Palanga

Most vehicles in Lithuania are stolen in Vilnius and Palanga

17.03.2014

A study by non-life insurance company BTA revealed that each year thefts account for 2% of all CASCO (full-coverage car insurance) insured events in Lithuania. According to the data of the Police Department, 3,166 thefts were registered in Lithuania in 2013, or by 7% less year-on-year, informs LETA/ELTA.

Insurer’s Aviva Lietuva new sales grew by 65% in 2013

Insurer’s Aviva Lietuva new sales grew by 65% in 2013

10.03.2014

New sales volume of insurance company Aviva Lietuva grew by 65%, while in premiums it became the second insurance service provider in Lithuania, reports LETA/ELTA.

27.02.2014

Latvia’s insurance companies sign 7% more in premiums in 2013

The total amount of premiums signed by insurance companies in Latvia increased 7% last year, according to Latvian Insurers Association's data, informs LETA.

25.02.2014

Lithuania's Audit Office: there is lack of information about investment risk

Lithuania's National Audit Office noted that the residents not always were provided with the enough amount of the information about the investment risk, even if the insurers argued the opposite, informs LETA/ELTA.

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