STATISTICS:

Lithuania

Location:
Eastern Europe, bordering the Baltic Sea, between Latvia and Russia

Climate:
transitional, between maritime and continental; wet, moderate winters and summers

Natural hazards:
NA


Currency: Litas (LTL)

1 EUR = 3.45228 litas, LTL (fixed)

Sources:
Bank of Lithuania - Starting January, 1st, 2012, the Bank of Lithuania took over the functions of the liquidated Insurance Supervisory Commission (DPK).
Lithuanian Insurers Association (LDA)

Insurance statistics

1H2017Market Portfolioxlsx
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FY2016
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1H2016Market portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
1Q2016Market Portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
FY2015
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3Q2015Market portfolioxlsx
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1H2015Market portfolioxlsx
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1Q2015Market portfolioxlsx
1Q2015Insurance Companies Rankingsxlsx
FY2014
Insurance Companies Rankings (revised data)xlsx
FY2014Market Portfolio (revised data)xlsx
FY2014
Insurance Companies Rankingsxlsx
FY2014Market Portfolioxlsx
3Q2014
Insurance Companies Rankingsxlsx
3Q2014Market Portfolioxlsx
1H2014Insurance market overview pdf
1H2014Market portfolioxlsx
1H2014Insurance companies rankingsxlsx
1Q2014Market Portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013
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3Q2013
Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
FY2012
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FY2012
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3Q2012Insurance companies rankings xlsx
3Q2012Market portfolioxlsx
1H2012Insurance market overview pdf
1H2012Market portfolioxlsx
1H2012Insurance companies rankingsxlsx
1Q2012Market Portfolioxlsx
1Q2012Insurance Companies Rankingsxlsx
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
Lithuanian insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings xls
2009Lithuanian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Lithuanian insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankings (total & main lines)xls
1H2010Non-Life insurance rankings (total & main lines)xls


Lithuania 3Q2017 Insurance Companies Ranking

Lithuania 3Q2017 Market Portfolio

See all statistics

US insurance giant to create hundreds jobs in LITHUANIA

According to website vz.lt, US insurance giant AIG is going to establish 400 new jobs in Vilnius by the end of 2015. AIG customer service centre in Vilnius will provide services to foreign markets, reports LETA/ELTA.

STATISTICS: Bank of Lithuania, 3Q2014: Rapid life-assurance growth, moderate non-life insurance expansion and record-high profits

Over the three quarters of 2014, the Lithuanian insurance market, in terms of premiums written, increased by 6.3% and amounted to almost LTL 1.5 billion (EUR 433 million). Such growth was driven by rapid expansion of the life assurance sector. The non-life insurance sector was distinguished by high competition and more modest growth, the Bank of Lithuania reported.

Polish Business Awards handed out in LITHUANIA

On November 17th, Polish Business Awards were handed out for the third time in Lithuania in 2014. Trade and Investment Promotion Section of the Polish Embassy is organising Polish Business Awards, informs LETA/ELTA.

LITHUANIA's best employers 2014: Lietuvos Draudimas

For the third year in a row, the winners of Best Employers in Lithuania were announced. In 2014, the Best Employers awards went to the digital advertising software company Adform, Cramo, a service company specialising in equipment rental services, and the insurance company Lietuvos Draudimas, informs LETA/ELTA.

STATISTICS: LITHUANIA 1H2014: EUR 294 million in GWP and expecting a 6% increase for year end

In the first half of 2014, the Lithuanian insurers wrote insurance premiums amounting to LTL 1,013.7 million (EUR 293.6 million), a year-on-year increase of 7.8%, but still 2.9% less than in the first half of 2008, when the volume of Lithuania's insurance market was the highest, Bank of Lithuania informed. According to the half-year review published by the market authority, the life insurance market grew by even 18.3% (to LTL 331.0 million / EUR 95.9 million), while the non-life insurance market was up by 3.4% (to LTL 682.8 million / EUR 197.7 million) over the year.

LITHUANIA: Insurance company IF joins list of Lithuanian League partners

The Lithuanian League ( LKL ) and insurance company IF have become partners ahead of the 2014-15 season. Both companies signed a cooperation agreement under which the League will receive assistance. LKL President Remigijus Milasius is glad that If joined the League, as the insurance company has earned international recognition, and says he's convinced this will be a fruitful cooperation. "I am glad that there are companies, such as IF, which are willing to contribute to the promotion of sports".

PZU has problems obtaining clearance to buy LITHUANIA's top insurer

Poland's insurance group PZU, which has reached a 360-million-euro deal to buy RSA's business in the Baltics and Poland, so far failed to convince the Lithuanian Competition Council that its planned takeover of the country's leading non-life insurer Lietuvos Draudimas (Lithuanian Insurance) will have no negative effects on the market, the business daily Verslo Zinios reported on Wednesday.