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Company briefs

Oct 01, 2009

Losses in the health insurance sector in Latvia for the first half 2009 reached 8 million lats (11.4 million euros), reports LETA. Latvian Insurers Association data shows that the amount of insurance claims paid out over the first six months of 2009 grew by 52 percent, to 28.4 million lats. Premiums received dropped 13 percent year-on-year, to 30.4 million lats. Head of the Association Aivars Neimanis blames inconsistent state policy and unpredictable government decisions for the losses. “The ...

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