The life insurance segment expanded by 8.6% y-o-y to EUR 211 million due the 12.7% increase posted by the index-linked and unit-linked products. SWEDBANK Life Insurance (23.7% market share), AVIVA Lietuva (18.9%) and COMPENSA Life (18.7%) were the top 3 life insurers in the country as GWP.
On the other hand, Lithuanian non-life insurers reported a 2.5% y-o-y decrease in GWP, especially due the declines reported by the two motor lines. The largest three non-life insurers as GWP were LIETUVOS draudimas (EUR 145 million), BTA Insurance Company (EUR 79 million) and ERGO (EUR 70.5 million).
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