After posting loss for several successive years, Balta succeed to break into the black in 2015. For example, previously it showed a loss of more than EUR 1 million in 2014, and a loss of EUR 2.2 million in 2013.
Balta's premiums earned in 2015 totaled EUR 60.48 million, up 22% from EUR 49.66 million in premiums earned in 2014. Read the full story LATVIA: Balta insurer closes 2015 with profit of EUR 1.19 mln
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