Group (or “affinity”) insurance models are well-known and widely used in the Lithuanian insurance market. They are particularly popular in the case of travel insurance, payment protection insurance and purchase protection insurance products offered by banks along with credit cards. Group insurance contracts are also commonly used for personal accident and health insurance, which employers […]
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Sorainen sees significant development potential in Latvia’s FinTech sector. To this end, we have become members of the Fintech Latvia Association. We believe that the joint effort of private sector representatives, financial sector supervisors, public authorities and other stakeholders can lead to real results. Latvia is currently in a perfect starting position where new companies […]
We advised Austrian bank Kommunalkredit on granting a EUR 25 million loan to INVL Renewable Energy Fund I. The loan proceeds will be used to finance the construction of solar power plants with 51 megawatts (MW) capacity in Romania. The fund invests in 8 projects for solar power plants in Romania with a combined capacity […]