STATISTICS: Lithuania insurers' business exceed EUR 500 m in First Half of 2021

16 August 2021 — Andrei Victor
Lithuanian insurers posted GWP of EUR 501 million in 1H 2021, 6.5% more y-o-y, according to the half-year figures published on the Central Bank's website.

The life insurance segment expanded by 7.1% y-o-y to EUR 151 million due the 11.4% increase posted by the index-linked and unit-linked products, while in case of non-life segment, Lithuanian insurers GWP expanded 6.3% y-o-y to EUR 350 million.

SWEDBANK Life Insurance (22.9% market share), COMPENSA Life (20.4%) and AVIVA Lietuva (18.8%) were the top 3 life insurers in the country as GWP. Of 13 non-life insurers active in the country, the largest three as GWP were LIETUVOS draudimas (EUR 102 million), BTA Insurance Company (EUR 55.7 million) and ERGO (EUR 48 million).

Access and download the latest Lithuanian insurance market statistics.

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