New Market Report Now Available: The Insurance Industry in Lithuania, Key Trends and Opportunities to 2017

New Financial Services market report from Timetric: "The Insurance Industry in Lithuania, Key Trends and Opportunities to 2017"

by Bill Thompson

(WireNews+Co) - Boston, MA - 16 March 2013

Lithuania has a developing insurance industry, which is both small and young but highly competitive. The key segment driving the Lithuanian insurance industry is non-life insurance, which grew substantially during the review period. The industry is regulated of the Bank of Lithuania, which is the central bank of the Republic of Lithuania. During the last decade, Lithuania has seen various signs of market concentration in the insurance industry, and the total number of insurers is reducing due to falling profit margins and consistent losses. Lietuvos Draudimas has the largest share in the non-life segment, while Swedbank Life Insurance leads the life segment.

View Full Report Details and Table of Contents (http://www.fastmr.com/prod/541029_the_insurance_industry_in_lithuania_key_trends.aspx?afid=201) (http://www.fastmr.com/prod/541029_the_insurance_industry_in_lithuania_key_trends.aspx?afid=201)

Key Highlights

- Lithuania has a developing insurance industry, which is both small and young but highly competitive.
- The key segment driving the Lithuanian insurance industry is non-life insurance, which grew substantially during the review period.
- The industry is regulated of the Bank of Lithuania, which is the central bank of the Republic of Lithuania.
- During the last decade, Lithuania has seen various signs of market concentration in the insurance industry, and the total number of insurers is reducing due to falling profit margins and consistent losses.
- Lietuvos Draudimas has the largest share in the non-life segment, while Swedbank Life Insurance is leads the life segment.

Scope

This report provides a comprehensive analysis of the insurance industry in Lithuania:

- It provides historical values for the Lithuanian insurance industry for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
- It offers a detailed analysis of the key segments and categories in the Lithuanian insurance industry, along with industry forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Lithuania and outlines the key regulations affecting them

Reasons to Purchase

- Make strategic business decisions using in depth historic and forecast industry data related to the Lithuanian insurance industry and each segment within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Lithuanian insurance industry
- Assess the competitive dynamics in the Lithuanian insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Lithuanian insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: Lietuvos Draudimas, PZU Lietuva, Ergo Life Insurance SE, BTA Insurance, If P&C Insurance AS, Swedbank P&C Insurance AS Lietuvos Filialas

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