According to Bank of Lithuania projections, in 2019 growth in the domestic insurance market should moderate compared to the previous year, while life assurance and non-life insurance markets are anticipated to grow at an even pace, even though their growth rates have varied significantly over the last few years. “Having grown at a double-digit rate…
The upcoming Christmas and New Year bring a lot of joy, musing and new plans.
In this special time we wish you successful challenges, creativity, strong partnership
and warm fellowship.
Merry Christmas and Happy New Year!
FILLIX INSURANCE BROKERS’ TEAM
Board of the Bank of Lithuania imposes a fine of €0.7 million on company, €0.5 million – on its manager
The Board of the Bank of Lithuania has imposed a fine of €0.7 million on the electronic money institution UAB Pervesk and a fine of €0.5 million on its director, Vytautas Karalevičius, because the company was improperly assessing the risk level of its customers thus breaching the legal requirements stipulated in the Law on the…