Lithuania's insurance market increased in absolute value by EUR 82 million totalling EUR 580 million at the end of September 2017, according to the Lietuvos bankas's 3Q figures.

Non-life segment grew by 20.5% y-o-y to EUR 415 million (71.6% of total GWP), while life insurance market was up by 7.6 % to EUR 165 million.

In absolute values, the life segment and the two motor classes (MTPL, MoD) generates the largest increases: +EUR 11.6 million (life), +EUR 40.5 million (MTPL) and +EUR 15.7 million - MoD.

SWEDBANK Life Insurance (21.6% market share) and AVIVA Lietuva (20.8%) were the largest life insurers as GWP volume, while LIETUVOS draudimas, BTA Insurance Company and ERGO filialas lead the non-life segment - generating together about 60% of non-life GWP.

Access www.xprimm.com and download the 3Q2017 Lithuanian insurance market statistics.

Market portfolio:

• Gross written premiums
• Paid claims
• Growth rates

Life & non-life market rankings:

• Gross written premiums
• Paid claims