« Romanian insurer Asirom will enter the market of voluntary pension insurance - Pets can be insured not only against illnesses, but even against thunderbolt or snake bite »

Lithuanian market of life insurance has grown by 68 % - up to €135,8 millions

21 January 2008
Written by: admin Posted under Life Insurance

On results of 9 months of 2007 the volume of Lithuanian life insurance market has increased by 68 % and has made 135,8 million euros (for the similar period of 2006 - 80,7 million euros).

According to the review of the Lithuanian insurance market for 9 months of 2007, for September, 30, 2007 8 companies were engaged in life insurance. All companies in the market, except for one (Lietuvos draudimas) have shown steady growth of volume of the premium. Almost half of the premium in a segment (48,2 %) belongs to company Hansa gyvybes draudimas, which business for a year has improved by 114,2 %. For 9 months of 2007 the insurer has gathered the premium at a rate of €65,4 millions.

For 9 months of 2007 the Lithuanian life insurers have paid 11,9 million euros - 65 % more than for the similar period of 2006.


Related posts:

Leave a reply

You must be logged in to post a comment.