Wed, 20 Apr 2011: SEB teams up with RSA…

Non-credit related customers will be able to buy through the bank’s Web site or branch network. The range of RSA products on offer through the bank will include Motor Own Damage; Motor Thi...

Wed, 23 Sep 2009: Exporters receive financial support…

"We are currently essentially a shoe salesman who only sells shoes for one foot and in only one size," explained Kredex chief Andrus Treier. He said that his company "cannot operate in the EU." ...

Wed, 15 Nov 2006: Latvian auto insurers snowed in by rising costs…

At the beginning of November, there were 808,637 passenger cars registered in Latvia, 8.9 percent more than in January, the Road Traffic Safety Directorate reported. What's more, insurance compani...

Wed, 19 Jan 2005: Insurers assess storm damage, promise to be fair on claims…

14 that they were ready to pay some 150 million kroons (9.6 million euros) in damages. "The companies are going to look through all the filed claims and try to find solutions that satisfy their cl...

Thu, 17 Apr 2003: Balta to pay out dividends…

In 2002 Balta subscribed risk insurance premiums worth 25.5 million lats, up 27 percent from the previous year. Claims paid last year reached 11.1 million lats, up 16 percent on the previous year,...

Thu, 30 Sep 1999: Insurance broker aims high…

The insurance broker is an independent intermediary who carries out his functions, basing on agreements concluded with policyholders and insurers."A broker values a company's risk and if none of t...

Thu, 29 Jul 1999: State supports agriculture insurance…

"The aim of supporting insurance claims is to support insurance activities and to make farmers decrease their risks. This is much cheaper for the government," said Petron.At present five insurance...

Thu, 15 Jul 1999: Insurers find white knight investor…

It has also undertaken to have the required 80 million kroons in an account in a respectable bank."These conditions are acceptable to us and I don't see any reason why we shouldn't trust the buyer...

Thu, 26 Nov 1998: International insurance gets the green light…

Latvian drivers have to buy border insurance at each separate country border. It is very expensive and inconvenient," said Dzintra Isajeva of Latvian Traffic Office. All vehicles, commercial or pr...

Thu, 5 Nov 1998: Insurance companies looking for strategic investors …

Though talks have been going on for a while, the recent economic problems have made the issue more urgent. "Everybody's talking to everybody right now," he said. Insurance companies Eesti Kindlust...

Thu, 3 Sep 1998: Update on the development of the Baltic equity markets…

Estonian banks suffered more from the stock market crash at the end of 1997. Latvian and Lithuanian banks were implementing a more conservative policy. As a result we see a more favorable situatio...

Thu, 20 Aug 1998: Insurance companies merge to fight market slowdown…

The bank's subsidiary also has a non-life insurance division, Eesti Varakindlustus.Eesti Elukindlustus with its 43 percent market share and Hansapank Insurance with its 22 percent share plan to co...

Thu, 30 Jul 1998: TPL Insurance in Lithuania - probably…

Assuming that parliament adopts the law, the government will have to approve the regulations of compulsory civil liability insurance, the size of premiums according to the type of damages, and a s...

Thu, 23 Jul 1998: Growth is stable for Estonian insurance market in first half…

Currently there are 14 local insurance companies, including both life and non-life insurance. "In the future, four competing companies or groups would be the optimal number of competitors, which c...
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