Lithuania
Lithuanian insurance market - down by 20%
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.
Lithuanian insurers profits drop 35%
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.
Last year, out of seventeen companies, five insurers have ended the year with loss.

6 August 2009