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

1Q2017Market Portfolioxlsx
1Q2017Insurance Companies Rankingsxlsx
FY2016
Market Portfolioxlsx
FY2016Insurance Companies Rankingsxlsx
3Q2016Market Portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
1Q2016Market Portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
FY2015
Market Portfolioxlsx
FY2015Insurance Companies Rankingsxlsx
3Q2015Market portfolioxlsx
3Q2015Insurance Companies Rankingsxlsx
1H2015Market portfolioxlsx
1H2015Insurance Companies Rankingsxlsx
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
Insurance Companies Rankingsxlsx
FY2013Market Portfolioxlsx
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
Insurance companies rankingsxlsx
FY2012
Market portfolioxlsx
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


1Q2017 Market Portfolio

1Q2017 Insurance Companies Rankings

LITHUANIA: The direct investment flow continued to be positive in Q1 2017

The Bank of Lithuania and Statistics Lithuania publish the provisional data on direct investment for Q1 2017. Direct investment statistics was supplemented with the indicators of income from equity instruments (dividends), excluding reinvestment, and income from debt instruments (interest), calculated by applying the directional principle.

LITHUANIA:Telia introduces travel insurance

Mobile operator Telia Lithuania has started offering a travel insurance service for customers taking trips to foreign countries. The offer was launched in cooperation with insurance company Compensa and insurance broker Edrauda.

LITHUANIA's H1 direct investments to Estonia fall 59%

Lithuania's foreign direct investments in Estonia shrank by 58.8% y-o-y to 89.4 mln euros in the first half of 2016, while investments in Cyprus soared by 43% to 277.6 mln euros, the Verslo Zinios business daily said on Friday, writes LETA/BNS. According to the report, Lithuania's corporate investment grew in vocational, research and technical operations in Cyprus, mainly business headquarters, while investments in Estonia declined in financial and insurance operations.

STATISTICS: LITHUANIA's H1 market grows 5.74% to EUR 330.20 million

Lithuania's insurance market (including branches of foreign companies), totalled EUR 330.20 million at the end of June 2016, up by 5.74% y-o-y, according to data published by the Central Bank of Lithuania. Non-life insurance market grew by 11.85% to EUR 230.08 million (69.68 of total GWP), while life insurance market lost 6.05 % to EUR 100.12 million (30.32% of total market).

BITE LITHUANIA offers insurance for handset screens

Mobile operator Bite Lithuania has introduced insurance for mobile handset screens. According to a poll carried out by the operator, customers usually don't use handset screen repair services due to the high price. The operator offers the insurance to all customers buying handsets in its shops. The service is free during the first month and then costs EUR 1.99 per month. Subscribers choosing some new tariffs from the operator are offered the insurance free for three to 12 months.