STATISTICS:

STATISTICS: LITHUANIA 1H: motor lines posted the largest GWP increases

Lithuanian insurers reported GWP of EUR 440 million in 1H 2018, 13.4% more y-o-y, according to the half-year figures published on the Central Bank's website.

The life insurance segment expanded by 7.1% y-o-y to EUR 117.4 million due the 11.2% increase posted by the index-linked and unit-linked products.

In case of non-life segment, the growth rate was more robust: +15.9% y-o-y to EUR 322 million. The largest increases were reported in the premiums of motor insurance classes (MoD +13.8%, MTPL +24.8%).

According to the Central Bank's statistics, Swedbank Life Insurance (22.3% market share), Aviva Lietuva (20%) and SEB gyvybes draudimas (17.2%) were the top 3 life insurers in the country as GWP.

Of 15 non-life insurers active in the country, the largest three as GWP were Lietuvos draudimas (~EUR 95 million), BTA Insurance Company (EUR 55 million) and ERGO (EUR 45 million).

Access www.xprimm.com and download the 1H2018 Lithuanian insurance market statistics.

Market portfolio:

  • Gross written premiums
  • Paid claims
  • Growth rates
Life & non-life market rankings:

  • Gross written premiums
  • Paid claims
  • Market shares
Find detailed 1H2018 market data in the forthcoming edition of the XPRIMM Insurance Report CEE, SEE & CIS - 1H2018, to be launched on 21 October, in Baden Baden.



Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

ON THE MOVE

TOP EVENT

photodune-3834701-laughing-girl-xs

LIVE: 1st National Reinsurers Summit in Moscow: focus on global cooperation

Today has started in Moscow the 1st National Reinsurers Summit "National Reinsurers: Focus on global cooperation". Organized by the Russian National Reinsurance Company (RNRC) with the support of the Central Bank of the Russian Federation, the conference has the xprimm.com insurance portal as Media Partner.

20.09.2018

photodune-3834701-laughing-girl-xs

LIVE from Monte Carlo: The 62nd edition of the "Rendez-Vous de Septembre"

The 62nd edition of the "Rendez-Vous de Septembre", the annual traditional meeting of reinsurers starts Sunday in Monte Carlo. XPRIMM Publications covering the CEE, SEE and CIS insurance markets are available at the XPRIMM stand in Fairmont Hotel, as well as at the most important venues in Monte Carlo.

13.09.2018

Willis Re - Market still soft, but functional

Despite the high losses from 2017 the reinsurance market is still soft, James KENT, Global Chief Executive Officer (CEO) of Willis Re stated at a press briefing in Monte Carlo.

10.09.2018

See all