Thursday, April 16, 2026

Headlines

rail baltica

RB Rail officials’ insurance has become more expensive after the establishment of the Investigation Commission and, possibly, Baiba Rubesa’s visit to the Anti-Corruption Bureau

The officials, accountants, procurement committee members of AS RB Rail, the implementer of the Rail Baltica railway project, and their spouses have been insured since the very founding of the company in 2014, Inc. discovered after the previous publication. However, the cost of insurance has increased significantly, following certain events and, ultimately, also due to a reduction in competition among insurers. Considering that after Inc.’s previous publication part of the public has […]

It is planned to insure Rail Baltica officials against liability in project implementation: with a 12-year retroactive date and a compensation limit of up to 20 million

Having sensed the smell of burning, AS RB Rail, which is the implementer of the Rail Baltica railway project and is owned by the governments of the three Baltic states, on December 23 last year announced a procurement for directors’ and officers’ liability insurance. The procurement specification stipulates that the insurance must cover the liability of both current and former members of the management and supervisory boards, as well as other persons, including those who have left […]