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, 31 Aug 2005: State to pursue insurance watchdog chief for lack of professionalism…

"The second conclusion is that the commission did not perform its duty to inform, in a proper way, the government and the public about the situation regarding insurance supervision," he said. The ...

Thu, 3 Apr 2003: Insurer seeking equity finance…

Lietuvos Draudimas did not pay dividends on its 2001 earnings. In 2002, Lietuvos Draudimas posted an audited net profit of 6.7 million litas, down by 46.8 percent from 12.6 million litas in 2001. ...

Thu, 13 Mar 2003: Lithuanian insurer sees profits sink…

The group received 315.2 million litas in insurance income last year, a rise of 43.5 percent year-on-year. The company's board has recommended earmarking 35 million litas for dividend payments. Li...

Thu, 18 Nov 1999: Majority polled want to see benefits docked…

About 106,000 pensioners are still trying to make ends meet by working."The ministry is now working on changes in the law on state social insurance," said Usas. "When [the ministry] finishes its w...

Thu, 11 Nov 1999: Can blue chip list stop bourses’ continuing slide?…

For example, the insurance company Balta, which formally meets the market capitalization requirement, is far from liquid. Its shares were not traded at all during this past October.A blue chip lis...

Thu, 4 Nov 1999: Seesam takes over Polaris Life clients…

Its life insurance policies are worth 35 million kroons ($2.43 million).Seesam Life Insurance, a subsidiary of the Finnish insurance company Pohjola, presently owns 5.4 percent of the Estonian lif...

Thu, 29 Jul 1999: Insurance for sale in Riga…

The company promise to open similar stores in other Latvian towns, if this undertaking proves successful.. ...

Thu, 1 Jul 1999: Insurers choose risky business …

One-third of the total construction cost (130 million kroons) was to be financed by the AB Insurance Group and the rest by Uhispank. When the real estate market went down, the insurance company lo...

Thu, 25 Feb 1999: Earnings of the listed and to-be-listed companies…

Hansapank's assets at the end of last month totaled 21.62 billion kroons as compared with 21.29 billion kroons at the end of December, officials at the bank reported. ä The Tallinn-based confectio...

Thu, 10 Dec 1998: Earnings of the listed and to-be-listed companies…

ASA Kindlustus is Estonia's third largest insurance company in terms of premiums.ä The Forekspank Group ended the January-September period with a loss of 98.8 million kroons, the bank informed the...

Thu, 1 Oct 1998: Uhispank to determine its role in insurance companies…

Last year, ETAS Insurance merged with Leks Insurance and through this merger, Uhispank became a shareholder of Leks Insurance. The bank's share in Leks Insurance is about 35 percent, while in Sees...

Thu, 24 Sep 1998: Insurance company formed…

Hansa Apdrosinasana Board Chairman Arnis Pakalnins said in five years, the company will increase its nominal capital from 1.06 million lats ($1.8 million) to 2 million lats and will have a market ...

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, 23 Jul 1998: Earnings of the listed and to be listed companies …

"The second half is decisive for us," chairman of the board Jaak Hion told BNS. "I believe we will finish the year with a profit." Farmaatsiatehas posted a loss of 1.7 million kroons for the first...
?php get_sidebar(); ?>