OREANDA-NEWS. April 20, 2009. Sorainen Insurance Team presents the latest Insurance Law legal Update, covering the most important developments in regulation, court practice, and insurance market in the Baltics and Belarus, reported the press-centre of Sorainen.

Despite the impression that legal basis for insurance markets in the Baltics and Belarus is already created, nonetheless it does not remain static. This issue presents important amendments to the Insurance Activities Act in relation to the Funded Pensions Act in Estonia, measures taken to implement the Directive on qualifying holding 2007/44/EC in the Baltic States, and development of compulsory insurance for crops, cattle, and poultry in Belarus.
 
A novelty in this issue is the article by Santa Selga, an insurance expert at our Latvian office, on recent riots in Latvia and the insurance market reaction to losses incurred during the riots. We are also very proud to announce that Sorainen has become one of the most awarded and internationally recognised regional law firms in the Baltics.