TOP NEWS
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LATVIA: LAA: INVL Life becomes a member of the Latvian Insurers' Association
by Marina MAGNAVAL, 2022-07-06
The Latvian branch of Mandatum Life Insurance Company Ltd. left LAA on July 1, 2022, because commercial activity of the Latvian branch of Mandatum Life was transferred to the Lithuanian insurance company INVL Life UADB, and its insurance contracts will be continued by the Latvian branch of INVL Life, according to the Latvian Insurers' Association (LAA).
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POLAND: MTPL prices saw the largest reduction since 2018
by Marina MAGNAVAL, 2022-07-05
In the first half of 2022 the Polish market saw the largest reduction in MTPL prices since 2018. The average premium decreased by as much as 14.8% y-o-y to PLN 524 (EUR 111.72*). The average MTPL price is now 3% lower than the rate in the first half of 2016, Gazeta Ubezpieczeniowa reports.
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ERGO Versicherung Austria buys D.A.S. Rechtsschutz
by Andrei Victor, 2022-07-04
The specialist on the Austrian legal protection market - D.A.S. Rechtsschutz AG changes ownership within ERGO Group AG, after Austrian subsidiary ERGO Versicherung AG buys the national legal protection specialist from the previous owner, ERGO Versicherung AG in Germany.
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