Group 1 - The shareholders of AS LHV Kindlustus have extended the mandates of the current Supervisory Board members by five years, considering Madis Toomsalu's wish to leave LHV Group, which will end his mandate as well [1] - All four Supervisory Board members have been with LHV Kindlustus since its inception, focusing on strategic development, management of the insurance portfolio, and compliance with legislative and internal principles [2] - LHV Kindlustus provides a variety of property insurance products aimed at both private and corporate customers, emphasizing transparency and customer-focused solutions [3] Group 2 - LHV Group is the largest domestic financial group and capital provider in Estonia, with key subsidiaries including LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited [4] - As of the end of March, LHV Group serves 465,000 banking clients, manages pension funds for 113,000 active customers, and provides insurance coverage for 174,000 clients [4] - LHV Bank Limited holds a banking license in the UK, offering services to international fintech companies and loans to small and medium-sized enterprises [4]
LHV Kindlustus renewed mandates of Supervisory Board members
GlobeNewswire·2025-05-01 05:00