Regulations on Compulsory Civil Liability Insurance of a Designer of a Construction Works, Technical Supervisor of Construction of a Construction Works and Contractor approved
The Board of the Bank of Lithuania approved three documents to be followed when drawing up contracts on compulsory civil liability insurance of a designer of a construction works, technical supervisor of construction of a construction works and contractor...
Licence of an insurance brokerage company withdrawn for “APDRAUDA LT”
The Board of the Bank of Lithuania withdrew the licence of an insurance brokerage companyissued to UADBB “APDRAUDA LT” (Vilnius) by the resolution of the Insurance Supervisory Commission of 2 May 2006.
Permission issued to reorganise the insurance company “ERGO Lietuva”
The Board of the Bank of Lithuania decided to issue permission to reorganise the joint stock insurance company “ERGO Lietuva” by merging it with the company ERGO Kindlustuse Aktsiaselts (Republic of Estonia).
In the first quarter of 2012, the insurance market contracted due to lower life assurance volumes
According to the data of the Bank of Lithuania, the amount of insurance premiums written in the domestic insurance market over the first quarter of 2012 made up LTL 397.7 million, which was 0.2 per cent less than over the same period last year.