At the same time, the value of paid claims totaled EUR 312 million or LTL 1.08 billion, 69% of which related to the non-life insurance segment and 31% to life insurance. It is important to mention that, on the motor insurance segment, the value of paid claims represents more than 60% of the value of GWP, while on the credit business line the value of indemnities exceeds more than four times the value of gross written premiums.
Access www.xprimm.com and download the FY2013 Lithuanian insurance market statistics.
Market portfolio (in EUR and LTL):
- Gross written premiums
- Paid claims
- Growth rates
- Life insurance ranking
- Non-life insurance ranking