2011

28.10.2011.

JSIC “Seesam Latvia”, in cooperation with “Euroaptieka”, offers insurance against influenza

Joint Stock Insurance Company “Seesam Latvia”, in cooperation with the Latvian network of “Euroaptieka” pharmacies, offers the possibility to buy a new type health insurance product – a “Flu Policy” at any of the “Euroaptieka” pharmacies during the period from October 17 till December 31. The insurer shall compensate the owner of the “Flu Policy” for the costs of medicines required for treatment of influenza.

Upon presentation of all the documents required, including prescriptions issued by a doctor, it will be possible to get the necessary medicines, within the limit of the amount specified in the insurance contract, at any “Euroaptieka” pharmacy.

11.10.2011.

JSIC “Seesam Latvia” has started insurance of travellers also against natural cataclysms

Eighteen months ago, the eruptions of the Iceland’s Eyjafjallajokull volcano caused chaos in global air traffic and caused damage to many travellers. Recently there has been suggested that in the near future Katla - the biggest and most dangerous volcano in Iceland - could become more active, as in the historical context eruption of this volcano followed eruptions of the Eyjafjallajokull volcano.

So far, the Latvian insurance company travel insurance policies did not provide the insurer's liability for damages caused by natural disasters. Now, upon purchase of a travel insurance policy of JSIC “Seesam Latvia”, it will be able to protect yourself from losses that could be caused by natural cataclysms. .

25.08.2011.

Joint Stock Insurance Company “Seesam Latvia” starts reorganization in order to join the Estonian Joint Stock Company “Seesam Insurance”

The Board of Directors of the Joint Stock Insurance Company “Seesam Latvia” has adopted decision to carry out reorganization of the Company in order to join the Estonian Joint Stock Company “Seesam Insurance”. Adoption of this decision marks start of preparation of the reorganization process, which, according to the plans, should be completed by the end of 2011. After the reorganization, in the result of change of the legal status of the Company, the JSIC “Seesam Latvia” will change also its name – in the future it will be the Latvian Branch of the Joint Stock Company “Seesam Insurance”.

28.07.2011.

Decline in the Latvian non-life insurance market is over

Mr. Aigars Freimanis, Director and Member of the Board of Directors of the JSIC “Seesam Latvia”, believes that the decline in the Latvian non-life insurance market is over.

According to the results of "Seesam Latvia" of recent months, the demand for non-life insurance has begun to grow almost in all types of insurance. The highest activity has been observed in the segment of corporate clients. Since the beginning of this year, the prices of insurance services in the types of insurance which were previously unprofitable, namely, in the motor vehicle property insurance (KASKO) and mandatory insurance of civil liability of owners of vehicles (MTPL), have grown approximately by 5-10%.

26.05.2011.

Travellers can take out insurance against risks caused by activated volcanoes

News received from Iceland today regarding activity of the Grimsvotn volcano, are pleasant for travellers, because the eruption has subsided. But geologists say that there is no reason to declare that volcanic activity has completely ceased. This means that resumption of the volcanic activity is not excluded, which might result in formation of new smoke and dust clouds, which, in turn, might cause cancellation of flights, as it was in the European airspace yesterday and today.

13.05.2011.

Thursdays, the 13th are more dangerous for drivers than the “Black Fridays”

It can be said that the year of 2011 is merciful to superstitious people, who pay special attention to the 13th days, because we have only one “Black Friday” this year. However, looking through few closest years we see that in 2012 and in 2015 we will have to survive even three “Black Fridays” in each of the years. In general, years having three “Black Fridays”, are not so frequent – the next year having three “Black Fridays” will be only 2026. Statistically more frequent are years with two “Black Fridays”, and a year having no “Black Fridays” is impossible.

13.05.2011.

Golf Tournament “Pohjola Open 2011” with Prize Fund of EUR 5000 will be held at the Reiņa Track Golf Course

The first “Pohjola Open 2011” Golf Tournament will be opened at the Reiņa Track Golf Course on May 14. It will be held in ten rounds. Tournament form - Stroke Net (9 holes) for ladies and gentlemen separately. Both experienced players and beginners are invited to the tournament. Players will compete in five groups with different handicap levels, depending on their playing skills.

03.05.2011.

Both number of motorcyclists and their degree of caution while riding motorcycle is increasing

Statistics of the Road Traffic Safety Directorate show that the number of registered vehicles in Latvia is decreasing each month; for example, the number of registered cars in March of this year declined by more than 23.5 thousand. But the number of registered motorcycles and tricycles is gradually increasing. On March 1 there were 16,786 registered motorcycles and tricycles in Latvia but on the first of April there were already 16,871 motorcycles and tricycles. 8690 of them had valid technical inspection certificate, and 3198 were insured. For comparison: on the first of March 8571 motorcycles and tricycles had valid technical inspection certificate, and 1702 of them were insured. The fact that within one month the number of insured motorcycles and tricycles was nearly doubled can be explained quite simply – the motorcycle season has begun, and the official opening of the motorcycle season of this year took place on April 30.

21.04.2011.

JSIC “Seesam Latvia”: increase of number of insurance contracts concluded almost by 30% in 2010

Summarizing the results of 2010, Mr. Aigars Freimanis, Member of the Board of Directors of the Joint Stock Insurance Company “Seesam Latvia”, acknowledges that it was a complicated but in the same time also rather successful period of time for the company:

– The company was determined to strengthen its positionin the Latvian insurance market. And we achieved this goal. “Seesam Latvia" started the year with replacement of the company logo, to emphasize our belonging to OP-Pohjola Group - one of Finland's leading financial groups. Logo change, which took place simultaneously in all three Baltic countries, served as a clear signal that "Seesam Latvia” as a unified and integrated company of OP-Pohjola Group confirmed its long-term action plans in the Baltic markets, as well as guaranteed high financial stability, accountability  and safecooperative partnership of the group of companies.

10.03.2011.

Interest of car thieves in Toyota RAV4 sharply increased

Having analyzed statistical data for the first two months of this year, the motor transport insurance risk underwriters of the JSIC “Seesam Latvia” noticed an unusually sharp increase of the number of thefts of “Toyota RAV4” cars.

24.02.2011.

Solvency capital of the JSIC Seesam Latvia exceeds three times requirements of Solvency II

The Directive 2009/138/EC of the European Parliament and of the Council introducing “Solvency II” – a new system of supervision of insurance companies – shall come into effect on October 31, 2012. Main objective of the “Solvency II” is to improve financial stability of the insurance industry. Requirements laid down by the new system shall be uniform for all European insurers.

12.02.2011.

Insurers receive first claims regarding damages caused by the storm

The strong wind and snowfall that had reached gale force Wednesday night and early Thursday morning damaged part of the roofing of a house located at Katlakalns (Ķekava Civil Parish) – asphalt shingles of the roof ridge joint were torn off along the entire roof length. Since this real estate was insured, the house owner promptly submitted an insurance claim to us. After assessment of the roof damage, the JSIC “Seesam Latvia” will pay indemnity, the amount of which will be based on the amount to be spent by the house owner for purchase of new roofing material and roof repair works.

07.02.2011.

After damage caused to moving car by a falling piece of ice the injured person will receive insurance indemnity

The mass media have already informed of the accident when on January 27, about 13:35 o’clock, in VentspilsMunicipality, on the highway Riga – Ventspils, a block of piece falling from an oncoming truck hit a car "Audi A4" manufactured in 2007. In the result of this accident the car was damaged but the driver – a 42 years old man – was injured.

02.02.2011.

8000 EUR compensation to a person who got an injury when skiing in Austria

Winter holidays in Austria in the beginning of this year ended rather unsuccessfully for a 29-year-old skier from Latvia, who fell on the ski trail and got a knee injury. Medics who arrived at the scene, provided first aid, but the investigation of the victim-patient, doctors concluded that the situation is so serious that this patient needs to take urgent surgery before returning home to Latvian.