Royal & Sun Alliance Insurance belongs to the same international insurance company RSA as the previous shareholder Codan A/S, reports LETA/ELTA.
According to the study done by the independent research company EPSI Baltic in 2011, the satisfaction of Estonian (-4.7 points) and Lithuanian (-5.6 points) respondents with their insurance companies decreased this year.
In the first semester of 2009, insurance companies that activate in Lithuania
underwrote a volume of EUR 242 million, down by 20.1%, compared to the same
period from 2008, as the National Insurance Supervisory Commission reported.
In 2008, Lithuanian insurers accounted a EUR 24.76 million net profit,
in decrease by 35% compared to 2007, according to preliminary results
of Lithuanian Insurance Supervisory Commission (ISC).
Last year, out of seventeen companies, five insurers have ended the
year with loss.