InsuranceIndustry

Latvian insurance market set to expand

The insurance market in Latvia can expect growth of 6-8% this year, which would be a bit less than last year, the president of the Latvian Association of Insurers, Janis [..]

Ergo set to buy Lithuania’s Gjensidige, its Baltic branches

Ergo International, the manager of the international business portfolio of the German-owned insurance group Ergo, is acquiring Lithuania’s Gjensidige, along with its branches in Estonia and Latvia, from Norway’s non-life [..]

Baltic insurance market is much more dynamic compared to other European countries – Ergo

Compared to other European countries, the Baltic insurance market is much more dynamic, Ursula Clara Deschka, CEO of Ergo Baltics, told LETA. “The market here is much more dynamic than [..]

Total damage involving motor insurance totals EUR 72 mln in 2023

According to the statistics of the Estonian Motor Insurance Bureau (LKF), there were 34,300 motor insurance cases with a total damage of 72 million euros in Estonia in 2023. Additionally, [..]

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