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Non-Life Insurance in Lithuania, Key Trends and Opportunities to 2017 - Product Image

Non-Life Insurance in Lithuania, Key Trends and Opportunities to 2017

  • Published: May 2014
  • Region: Lithuania
  • 269 Pages
  • Timetric

FEATURED COMPANIES

  • Ergo Lietuva
  • If P&C Insurance AS
  • Lamantinas
  • Lietuvos Draudimas
  • PZU Lietuva
  • Seesam Insurance AS
  • MORE

The report provides in depth market analysis, information and insights into the Lithuanian non-life insurance segment, including:

- The Lithuanian non-life insurance segment’s growth prospects by non-life insurance categories

- Key trends and drivers for the non-life insurance segment

- The various distribution channels in the Lithuanian non-life insurance segment

- The detailed competitive landscape in the non-life insurance segment in Lithuania

- Detailed regulatory policies of the Lithuanian insurance industry

- A description of the non-life reinsurance segment in Lithuania

- Porter's Five Forces analysis of the non-life insurance segment

- A benchmarking section on the Lithuanian life insurance segment in comparison with other countries in Central and Eastern Europe

Summary

In terms of gross written premium, the non-life segment was the largest in the Lithuanian insurance industry during the review period (2008-2012) and accounted for 61.4% of the total insurance industry’s written premium in 2012. Growth in the non-life segment was primarily supported by the compulsory nature of motor third-party READ MORE >

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Regional Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size

4 Non-Life Insurance - Regional Benchmarking
4.1 Scale and Penetration
4.1.1 Total market gross written premium
4.1.2 Premium per capita
4.1.3 Non-life insurance penetration
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 E-commerce
4.4.3 Brokers
4.4.4 Bancassurance
4.4.5 Agencies

5 Lithuanian Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008-2017
5.2 Key Industry Trends and Drivers

6 Non-Life Insurance Outlook
6.1 Non-Life Insurance Growth Prospects by Category
6.1.1 Property insurance
6.1.2 Fire and allied perils insurance
6.1.3 Other property insurance
6.2 Motor Insurance
6.2.1 Motor hull insurance
6.2.2 Motor third-party insurance
6.3 General Third-Party Insurance
6.4 Marine, Aviation and Transit Insurance
6.4.1 Marine insurance
6.4.2 Marine hull insurance
6.4.3 Marine third-party insurance
6.4.4 Aviation insurance
6.4.5 Transit insurance

7 Analysis by Distribution Channels
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-Commerce
7.5 Brokers
7.6 Other Channels

8 Porter’s Five Forces Analysis - Lithuanian Non-Life Insurance
8.1 Bargaining Power of Suppliers: Low to Medium
8.2 Bargaining Power of Buyers: Medium
8.3 Barriers to Entry: Medium to High
8.4 Intensity of Rivalry: High
8.5 Threat of Substitutes: Low

9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size by Type of Insurance, 2008-2017

10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Regulations by Type of Insurance
10.2.1 Life insurance regulations
10.2.2 Property insurance regulations
10.2.3 Motor insurance regulations
10.2.4 Marine, aviation and transit insurance regulations
10.2.5 Personal accident and health insurance regulations
10.3 Compulsory Insurance
10.3.1 Motor third-party liability insurance
10.3.2 Workers’ compensation
10.3.3 Civil liability insurance for construction designers
10.3.4 Civil liability insurance of contractor
10.3.5 Civil liability insurance on auditor firms
10.3.6 Air carriers and aircraft operators insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors (IAIS)
10.4.2 European Insurance and Occupational Pensions Authority (EIOPA)
10.4.3 Bank of Lithuania
10.5 Non-Admitted Insurance Regulations
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and penalties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Foreign ownership
10.6.3 Types of license
10.6.4 Capital requirements
10.6.5 Solvency margins
10.6.6 Reserve requirements
10.6.7 Investment regulations
10.6.8 Statutory return requirements
10.6.9 Fee structure
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Withholding taxes on premium paid overseas
10.7.3 Corporate tax
10.7.4 VAT
10.7.5 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Alternative dispute resolution (ADR)

11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in Lithuanian Non-Life Insurance Segment
11.3 Comparison of the Top-Five Insurers
11.3.1 Gross written premium
11.3.2 Paid claims
11.3.3 Incurred loss
11.4 Lietuvos Draudimas - Company Overview
11.4.1 Lietuvos Draudimas - key facts
11.4.2 Lietuvos Draudimas - key financials
11.5 BTA Akcines Draudimo bendroves - Company Overview
11.5.1 BTA Akcines Draudimo bendroves - key facts
11.5.2 BTA Akcines Draudimo bendroves - key financials
11.6 Ergo Lietuva - Company Overview
11.6.1 Ergo Lietuva - key facts
11.6.2 Ergo Lietuva - key financials
11.7 PZU Lietuva - Company Overview
11.7.1 PZU Lietuva - key facts
11.7.2 PZU Lietuva - key financials
11.8 If P&C Insurance AS - Company Overview
11.8.1 If P&C Insurance AS - key facts
11.8.2 If P&C Insurance AS - key financials
11.9 AAS Gjensidige Baltic Lietuvos filialas - Company Overview
11.9.1 AAS Gjensidige Baltic - key facts
11.9.2 AAS Gjensidige Baltic - key financials
11.1 Compensa TU SA Vienna Insurance Group - Company Overview
11.10.1 Compensa TU SA Vienna Insurance Group - key facts
11.10.2 Compensa TU SA Vienna Insurance Group - key financials
11.11 Seesam Insurance AS - Company Overview
11.11.1 Seesam Insurance AS - key facts
11.11.2 Seesam Insurance AS - key financials
11.12 Lamantinas - Company Overview
11.12.1 Lamantinas - key facts
11.12.2 Lamantinas - key financials
11.13 Vereinigte Hagelversicherung VVaG - Company Overview
11.13.1 Vereinigte Hagelversicherung VVaG - key facts
11.13.2 Vereinigte Hagelversicherung VVaG - key financials

12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Nasdaq OMX Vilnius (VLN) Stock Exchange, Lithuania
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key segments
12.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as a percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.12 Construction net output at current prices, (US$)
12.2.13 Construction net output at current prices as a percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as a percentage of GDP
12.2.16 Imports as a percentage of GDP
12.2.17 Merchandise exports growth
12.2.18 Merchandise Imports growth
12.2.19 Annual average exchange rate LTL-US$
12.3 Infrastructure
12.3.1 Commercial vehicles exports - total value
12.3.2 Commercial vehicles imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.4.2 Unemployment rate
12.5 Demographics
12.5.1 Gross national disposable income (US$)
12.5.2 Household consumption expenditure (US$)
12.5.3 Total population
12.5.4 Urban and rural populations
12.5.5 Age distribution of the total population

13 Appendix
13.1 Methodology
13.2 Contact
13.3 About
13.4 Services
13.5 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Lithuanian Insurance - Overall Written Premium by Segment (LTL Million), 2008-2012
Table 3: Lithuanian Insurance - Overall Written Premium by Segment (US$ Million), 2008-2012
Table 4: Lithuanian Insurance - Overall Written Premium by Segment (LTL Million), 2012-2017
Table 5: Lithuanian Insurance - Overall Written Premium by Segment (US$ Million), 2012-2017
Table 6: Lithuanian Insurance - Segmentation (% Share), 2008-2017
Table 7: Lithuanian Non-Life Insurance - Written Premium by Category (LTL Million), 2008-2012
Table 8: Lithuanian Non-Life Insurance - Written Premium by Category (US$ Million), 2008-2012
Table 9: Lithuanian Non-Life Insurance - Written Premium by Category (LTL Million), 2012-2017
Table 10: Lithuanian Non-Life Insurance - Written Premium by Category (US$ Million), 2012-2017
Table 11: Lithuanian Non-Life Insurance - Earned Premium (LTL Million), 2008-2012
Table 12: Lithuanian Non-Life Insurance - Earned Premium (LTL Million), 2012-2017
Table 13: Lithuanian Non-Life Insurance - Paid Claims by Category (LTL Million), 2008-2012
Table 14: Lithuanian Non-Life Insurance - Paid Claims by Category (US$ Million), 2008-2012
Table 15: Lithuanian Non-Life Insurance - Paid Claims by Category (LTL Million), 2012-2017
Table 16: Lithuanian Non-Life Insurance - Paid Claims by Category (US$ Million), 2012-2017
Table 17: Lithuanian Non-Life Insurance - Incurred Loss by Category (LTL Million), 2008-2012
Table 18: Lithuanian Non-Life Insurance - Incurred Loss by Category (US$ Million), 2008-2012
Table 19: Lithuanian Non-Life Insurance - Incurred Loss by Category (LTL Million), 2012-2017
Table 20: Lithuanian Non-Life Insurance - Incurred Loss by Category (US$ Million), 2012-2017
Table 21: Lithuanian Non-Life Insurance - Loss Ratio (%), 2008-2012
Table 22: Lithuanian Non-Life Insurance - Loss Ratio (%), 2012-2017
Table 23: Lithuanian Non-Life Insurance - Commission and Expenses (LTL Million), 2008-2012
Table 24: Lithuanian Non-Life Insurance - Commission and Expenses (LTL Million), 2012-2017
Table 25: Lithuanian Non-Life Insurance - Combined Ratio (%), 2008-2012
Table 26: Lithuanian Non-Life Insurance - Combined Ratio (%), 2012-2017
Table 27: Lithuanian Non-Life Insurance - Frauds and Crimes (LTL Million), 2008-2012
Table 28: Lithuanian Non-Life Insurance - Frauds and Crimes (LTL Million), 2012-2017
Table 29: Lithuanian Non-Life Insurance - Total Assets (LTL Million), 2008-2012
Table 30: Lithuanian Non-Life Insurance - Total Assets (LTL Million), 2012-2017
Table 31: Lithuanian Non-Life Insurance - Total Investment Income (LTL Million), 2008-2012
Table 32: Lithuanian Non-Life Insurance - Total Investment Income (LTL Million), 2012-2017
Table 33: Lithuanian Non-Life Insurance - Retentions (LTL Million), 2008-2012
Table 34: Lithuanian Non-Life Insurance - Retentions (LTL Million), 2012-2017
Table 35: Lithuanian Property Insurance - Written Premium by Sub-Category (LTL Million), 2008-2012
Table 36: Lithuanian Property Insurance - Written Premium by Sub-Category (US$ Million), 2008-2012
Table 37: Lithuanian Property Insurance - Written Premium by Sub-Category (LTL Million), 2012-2017
Table 38: Lithuanian Property Insurance - Written Premium by Sub-Category (US$ Million), 2012-2017
Table 39: Lithuanian Property Insurance - Loss Ratio (%), 2008-2012
Table 40: Lithuanian Property Insurance - Loss Ratio (%), 2012-2017
Table 41: Lithuanian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 42: Lithuanian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 43: Lithuanian Fire and Allied Perils Insurance - Written Premium (LTL Million), 2008-2012
Table 44: Lithuanian Fire and Allied Perils Insurance - Written Premium (LTL Million), 2012-2017
Table 45: Lithuanian Other Property Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 46: Lithuanian Other Property Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 47: Lithuanian Other Property Insurance - Written Premium (LTL Million), 2008-2012
Table 48: Lithuanian Other Property Insurance - Written Premium (LTL Million), 2012-2017
Table 49: Lithuanian Motor Insurance - Written Premium by Sub-Category (LTL Million), 2008-2012
Table 50: Lithuanian Motor Insurance - Written Premium by Sub-Category (US$ Million), 2008-2012
Table 51: Lithuanian Motor Insurance - Written Premium by Sub-Category (LTL Million), 2012-2017
Table 52: Lithuanian Motor Insurance - Written Premium by Sub-Category (US$ Million), 2012-2017
Table 53: Lithuanian Motor Insurance - Loss Ratio (%), 2008-2012
Table 54: Lithuanian Motor Insurance - Loss Ratio (%), 2012-2017
Table 55: Lithuanian Motor Hull Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 56: Lithuanian Motor Hull Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 57: Lithuanian Motor Hull Insurance - Written Premium (LTL Million), 2008-2012
Table 58: Lithuanian Motor Hull Insurance - Written Premium (LTL Million), 2012-2017
Table 59: Lithuanian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 60: Lithuanian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 61: Lithuanian Motor Third-Party Insurance - Written Premium (LTL Million), 2008-2012
Table 62: Lithuanian Motor Third-Party Insurance - Written Premium (LTL Million), 2012-2017
Table 63: Lithuanian General Third-Party Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 64: Lithuanian General Third-Party Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 65: Lithuanian General Third-Party Insurance - Written Premium (LTL Million), 2008-2012
Table 66: Lithuanian General Third-Party Insurance - Written Premium (LTL Million), 2012-2017
Table 67: Lithuanian General Third-Party Insurance - Loss Ratio (%), 2008-2012
Table 68: Lithuanian General Third-Party Insurance - Loss Ratio (%), 2012-2017
Table 69: Lithuanian Marine, Aviation and Transit Insurance - Written Premium by Sub-Category (LTL Million), 2008-2012
Table 70: Lithuanian Marine, Aviation and Transit Insurance - Written Premium by Sub-Category (US$ Million), 2008-2012
Table 71: Lithuanian Marine, Aviation and Transit Insurance - Written Premium by Sub-Category (LTL Million), 2012-2017
Table 72: Lithuanian Marine, Aviation and Transit Insurance - Written Premium by Sub-Category (US$ Million), 2012-2017
Table 73: Lithuanian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2008-2012
Table 74: Lithuanian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2012-2017
Table 75: Lithuanian Marine Insurance - Written Premium by Policy (LTL Million), 2008-2012
Table 76: Lithuanian Marine Insurance - Written Premium by Policy (US$ Million), 2008-2012
Table 77: Lithuanian Marine Insurance - Written Premium by Policy (LTL Million), 2012-2017
Table 78: Lithuanian Marine Insurance - Written Premium by Policy (US$ Million), 2012-2017
Table 79: Lithuanian Marine Hull Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 80: Lithuanian Marine Hull Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 81: Lithuanian Marine Hull Insurance - Written Premium (LTL Million), 2008-2012
Table 82: Lithuanian Marine Hull Insurance - Written Premium (LTL Million), 2012-2017
Table 83: Lithuanian Marine Third-Party Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 84: Lithuanian Marine Third-Party Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 85: Lithuanian Marine Third-Party Insurance - Written Premium (LTL Million), 2008-2012
Table 86: Lithuanian Marine Third-Party Insurance - Written Premium (LTL Million), 2012-2017
Table 87: Lithuanian Aviation Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 88: Lithuanian Aviation Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 89: Lithuanian Aviation Insurance - Written Premium (LTL Million), 2008-2012
Table 90: Lithuanian Aviation Insurance - Written Premium (LTL Million), 2012-2017
Table 91: Lithuanian Transit Insurance - Number of Policies Sold (Thousand), 2008-2012
Table 92: Lithuanian Transit Insurance - Number of Policies Sold (Thousand), 2012-2017
Table 93: Lithuanian Transit Insurance - Written Premium (LTL Million), 2008-2012
Table 94: Lithuanian Transit Insurance - Written Premium (LTL Million), 2012-2017
Table 95: Lithuanian Non-Life Insurance - Direct Marketing Commission Paid (LTL Million), 2008-2012
Table 96: Lithuanian Non-Life Insurance - Direct Marketing Commission Paid (LTL Million), 2012-2017
Table 97: Lithuanian Non-Life Insurance - Written Premium Through Direct Marketing (LTL Million), 2008-2012
Table 98: Lithuanian Non-Life Insurance - Written Premium Through Direct Marketing (LTL Million), 2012-2017
Table 99: Lithuanian Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2008-2012
Table 100: Lithuanian Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2012-2017
Table 101: Lithuanian Non-Life Insurance - Number of Direct Marketing Distributors, 2008-2012
Table 102: Lithuanian Non-Life Insurance - Number of Direct Marketing Distributors, 2012-2017
Table 103: Lithuanian Non-Life Insurance - Bancassurance Commission Paid (LTL Million), 2008-2012
Table 104: Lithuanian Non-Life Insurance - Bancassurance Commission Paid (LTL Million), 2012-2017
Table 105: Lithuanian Non-Life Insurance - Written Premium Through Bancassurance (LTL Million), 2008-2012
Table 106: Lithuanian Non-Life Insurance - Written Premium Through Bancassurance (LTL Million), 2012-2017
Table 107: Lithuanian Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2008-2012
Table 108: Lithuanian Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2012-2017
Table 109: Lithuanian Non-Life Insurance - Number of Bancassurance Distributors, 2008-2012
Table 110: Lithuanian Non-Life Insurance - Number of Bancassurance Distributors, 2012-2017
Table 111: Lithuanian Non-Life Insurance - Commission Paid to Agencies (LTL Million), 2008-2012
Table 112: Lithuanian Non-Life Insurance - Commission Paid to Agencies (LTL Million), 2012-2017
Table 113: Lithuanian Non-Life Insurance - Written Premium Through Agencies (LTL Million), 2008-2012
Table 114: Lithuanian Non-Life Insurance - Written Premium Through Agencies (LTL Million), 2012-2017
Table 115: Lithuanian Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2008-2012
Table 116: Lithuanian Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2012-2017
Table 117: Lithuanian Non-Life Insurance - Number of Agencies, 2008-2012
Table 118: Lithuanian Non-Life Insurance - Number of Agencies, 2012-2017
Table 119: Lithuanian Non-Life Insurance - E-Commerce Commission Paid (LTL Million), 2008-2012
Table 120: Lithuanian Non-Life Insurance - E-Commerce Commission Paid (LTL Million), 2012-2017
Table 121: Lithuanian Non-Life Insurance - Written Premium Through E-Commerce (LTL Million), 2008-2012
Table 122: Lithuanian Non-Life Insurance - Written Premium Through E-Commerce (LTL Million), 2012-2017
Table 123: Lithuanian Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2008-2012
Table 124: Lithuanian Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2012-2017
Table 125: Lithuanian Non-Life Insurance - Number of E-Commerce Distributors, 2008-2012
Table 126: Lithuanian Non-Life Insurance - Number of E-Commerce Distributors, 2012-2017
Table 127: Lithuanian Non-Life Insurance - Commission Paid to Brokers (LTL Million), 2008-2012
Table 128: Lithuanian Non-Life Insurance - Commission Paid to Brokers (LTL Million), 2012-2017
Table 129: Lithuanian Non-Life Insurance - Written Premium Through Brokers (LTL Million), 2008-2012
Table 130: Lithuanian Non-Life Insurance - Written Premium Through Brokers (LTL Million), 2012-2017
Table 131: Lithuanian Non-Life Insurance - Policies Sold Through Brokers (Thousand), 2008-2012
Table 132: Lithuanian Non-Life Insurance - Policies Sold Through Brokers (Thousand), 2012-2017
Table 133: Lithuanian Non-Life Insurance - Number of Brokers, 2008-2012
Table 134: Lithuanian Non-Life Insurance - Number of Brokers, 2012-2017
Table 135: Lithuanian Non-Life Insurance - Commission Paid to Other Channels (LTL Million), 2008-2012
Table 136: Lithuanian Non-Life Insurance - Commission Paid to Other Channels (LTL Million), 2012-2017
Table 137: Lithuanian Non-Life Insurance - Written Premium Through Other Channels (LTL Million), 2008-2012
Table 138: Lithuanian Non-Life Insurance - Written Premium Through Other Channels (LTL Million), 2012-2017
Table 139: Lithuanian Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2008-2012
Table 140: Lithuanian Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2012-2017
Table 141: Lithuanian Non-Life Insurance - Number of Distributors in Other Channels, 2008-2012
Table 142: Lithuanian Non-Life Insurance - Number of Distributors in Other Channels, 2012-2017
Table 143: Lithuanian Premium Ceded to Reinsurance by Type of Insurance (LTL Million), 2008-2012
Table 144: Lithuanian Premium Ceded to Reinsurance by Type of Insurance (US$ Million), 2008-2012
Table 145: Lithuanian Premium Ceded to Reinsurance by Type of Insurance (LTL Million), 2012-2017
Table 146: Lithuanian Premium Ceded to Reinsurance by Type of Insurance (US$ Million), 2012-2017
Table 147: Lithuanian Non-Life Insurance - Percentage of Reinsurance Ceded, 2008-2012
Table 148: Lithuanian Non-Life Insurance - Percentage of Reinsurance Ceded, 2012-2017
Table 149: Lithuania - Life Insurance Regulatory Framework
Table 150: Lithuania - Property Insurance Regulatory Framework
Table 151: Lithuania - Motor Insurance Regulatory Framework
Table 152: Lithuania - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 153: Lithuania - Corporate Tax Rates for the Financial Year 2013
Table 154: Lithuanian Non-Life Insurance - Segment Shares, 2012
Table 155: Lietuvos Draudimas, Key Facts
Table 156: Lietuvos Draudimas, Key Financials (LTL Million)
Table 157: BTA Akcines Draudimo bendroves, Key Facts
Table 158: BTA Akcines Draudimo bendroves, Key Financials (LTL Million)
Table 159: Ergo Lietuva, Key Facts
Table 160: Ergo Lietuva, Key Financials (LTL Million)
Table 161: PZU Lietuva, Key Facts
Table 162: PZU Lietuva, Key Financials (LTL Million)
Table 163: If P&C Insurance AS, Key Facts
Table 164: If P&C Insurance AS, Key Financials (LTL Million)
Table 165: AAS Gjensidige Baltic, Key Facts
Table 166: AAS Gjensidige Baltic, Key Financials (LTL Million)
Table 167: Compensa TU SA Vienna Insurance Group, Key Facts
Table 168 Compensa TU SA Vienna Insurance Group, Key Financials (LTL Million)
Table 169: Seesam Insurance AS, Key Facts
Table 170: Seesam Insurance AS, Key Financials (LTL Million)
Table 171: Lamantinas, Key Facts
Table 172: Lamantinas, Key Financials (LTL Million)
Table 173: Vereinigte Hagelversicherung VVaG, Key Facts
Table 174: Vereinigte Hagelversicherung VVaG, Key Financials (LTL Million)

List of Figures

Figure 1: Central and Eastern European Region - Economies and Populations, 2012
Figure 2: Central and Eastern European Region - Growth Trends in the Insurance Industry (%), 2007-2017
Figure 3: Central and Eastern European Region - Total Industry Values by Segment (US$ Billion), 2012
Figure 4: Central and Eastern European Region - Non-Life Insurance Growth Trends (%), 2007-2017
Figure 5: Central and Eastern European Region - Non-Life Insurance Gross Written Premiums (US$ Billion), 2012
Figure 6: Central and Eastern European Region - Non-Life Insurance Premium per Capita (%), 2007-2017
Figure 7: Central and Eastern European Region - Non-Life Insurance Penetration (% of GDP), 2012 and 2017
Figure 8: Central and Eastern European Region - Non-Life Insurance Gross Written Premium Growth (%), 2008-2017
Figure 9: Central and Eastern European Region - Non-Life Insurance Gross Written Premium per Capita Growth (%), 2008-2017
Figure 10: Central and Eastern European Region - Non-Life Insurance Loss Ratios (%), 2012 and 2017
Figure 11: Central and Eastern European Region - Non-Life Insurance Combined Ratios (%), 2012 and 2017
Figure 12: Central and Eastern European Region - Non-Life Insurance Incurred Losses per Capita (US$), 2012 and 2017
Figure 13: Central and Eastern European Region - Non-Life Insurance Incurred Losses as a Percentage of GDP (%), 2012 and 2017
Figure 14: Central and Eastern European Region - Direct Marketing’s Share of Non-Life Insurance Gross Written Premium (%), 2008-2017
Figure 15: Central and Eastern European Region - E-Commerce’s Share of Non-Life Insurance Gross Written Premium (%), 2008-2017
Figure 16: Central and Eastern European Region - Insurance Brokers’ Share of Non-Life Insurance Gross Written Premium (%), 2008-2017
Figure 17: Central and Eastern European Region - Bancassurance’s Share of Non-Life Insurance Gross Written Premium (%), 2008-2017
Figure 18: Central and Eastern European Region - Agencies’ Share of Non-Life Insurance Gross Written Premium (%), 2008-2017
Figure 19: Lithuanian Insurance - Overall Written Premium by Segment (LTL Million), 2008-2017
Figure 20: Lithuanian Insurance - Dynamics by Segment, 2008-2017
Figure 21: Lithuanian Non-Life Insurance - Written Premium by Category (LTL Million), 2008-2017
Figure 22: Lithuanian Non-Life Insurance - Written Premium by Category (Percentage Share), 2012 and 2017
Figure 23: Lithuanian Non-Life Insurance - Dynamics by Category (%), 2008-2017
Figure 24: Lithuanian Non-Life Insurance - Earned Premium (LTL Million), 2008-2012
Figure 25: Lithuanian Non-Life Insurance - Earned Premium (LTL Million), 2012-2017
Figure 26: Lithuanian Non-Life Insurance - Paid Claims by Category (LTL Million), 2008-2017
Figure 27: Lithuanian Non-Life Insurance - Incurred Loss by Category (LTL Million), 2008-2017
Figure 28: Lithuanian Non-Life Insurance - Loss Ratio (%), 2008-2012
Figure 29: Lithuanian Non-Life Insurance - Loss Ratio (%), 2012-2017
Figure 30: Lithuanian Non-Life Insurance - Commission and Expenses (LTL Million), 2008-2012
Figure 31: Lithuanian Non-Life Insurance - Commission and Expenses (LTL Million), 2012-2017
Figure 32: Lithuanian Non-Life Insurance - Combined Ratio (%), 2008-2012
Figure 33: Lithuanian Non-Life Insurance - Combined Ratio (%), 2012-2017
Figure 34: Lithuanian Non-Life Insurance - Frauds and Crimes (LTL Million), 2008-2012
Figure 35: Lithuanian Non-Life Insurance - Frauds and Crimes (LTL Million), 2012-2017
Figure 36: Lithuanian Non-Life Insurance - Total Assets (LTL Million), 2008-2012
Figure 37: Lithuanian Non-Life Insurance - Total Assets (LTL Million), 2012-2017
Figure 38: Lithuanian Non-Life Insurance - Total Investment Income (LTL Million), 2008-2012
Figure 39: Lithuanian Non-Life Insurance - Total Investment Income (LTL Million), 2012-2017
Figure 40: Lithuanian Non-Life Insurance - Retentions (LTL Million), 2008-2012
Figure 41: Lithuanian Non-Life Insurance - Retentions (LTL Million), 2012-2017
Figure 42: Lithuanian Non-Life Insurance - Total Investment (LTL Million), 2008-2012
Figure 43: Lithuanian Non-Life Insurance - Total Investment (% Share), 2008 and 2012
Figure 44: Lithuanian Non-Life Insurance - Penetration (% of GDP), 2008-2012
Figure 45: Lithuanian Non-Life Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 46: Lithuanian Non-Life Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 47: Lithuanian Non-Life Insurance - Premium Per Capita (LTL), 2008-2012
Figure 48: Lithuanian Property Insurance - Written Premium by Sub-Category (LTL Million), 2008-2017
Figure 49: Lithuanian Property Insurance - Dynamics by Sub-Category (%), 2008-2017
Figure 50: Lithuanian Property Insurance - Loss Ratio (%), 2008-2012
Figure 51: Lithuanian Property Insurance - Loss Ratio (%), 2012-2017
Figure 52: Lithuanian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 53: Lithuanian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 54: Lithuanian Fire and Allied Perils Insurance - Written Premium (LTL Million), 2008-2012
Figure 55: Lithuanian Fire and Allied Perils Insurance - Written Premium (LTL Million), 2012-2017
Figure 56: Lithuanian Other Property Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 57: Lithuanian Other Property Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 58: Lithuanian Other Property Insurance - Written Premium (LTL Million), 2008-2012
Figure 59: Lithuanian Other Property Insurance - Written Premium (LTL Million), 2012-2017
Figure 60: Lithuanian Motor Insurance - Written Premium by Sub-Category (LTL Million), 2008-2017
Figure 61: Lithuanian Motor Insurance - Dynamics by Sub-Category, 2008-2017
Figure 62: Lithuanian Motor Insurance - Loss Ratio (%), 2008-2012
Figure 63: Lithuanian Motor Insurance - Loss Ratio (%), 2012-2017
Figure 64: Lithuanian Motor Hull Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 65: Lithuanian Motor Hull Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 66: Lithuanian Motor Hull Insurance - Written Premium (LTL Million), 2008-2012
Figure 67: Lithuanian Motor Hull Insurance - Written Premium (LTL Million), 2012-2017
Figure 68: Lithuanian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 69: Lithuanian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 70: Lithuanian Motor Third-Party Insurance - Written Premium (LTL Million), 2008-2012
Figure 71: Lithuanian Motor Third-Party Insurance - Written Premium (LTL Million), 2012-2017
Figure 72: Lithuanian General Third-Party Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 73: Lithuanian General Third-Party Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 74: Lithuanian General Third-Party Insurance - Written Premium (LTL Million), 2008-2012
Figure 75: Lithuanian General Third-Party Insurance - Written Premium (LTL Million), 2012-2017
Figure 76: Lithuanian General Third-Party Insurance - Loss Ratio (%), 2008-2012
Figure 77: Lithuanian General Third-Party Insurance - Loss Ratio (%), 2012-2017
Figure 78: Lithuanian Marine, Aviation and Transit Insurance - Written Premium by Sub-Category (LTL Million), 2008-2017
Figure 79: Lithuanian Marine, Aviation and Transit Insurance - Dynamics by Sub-Category (%), 2008-2017
Figure 80: Lithuanian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2008-2012
Figure 81: Lithuanian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2012-2017
Figure 82: Lithuanian Marine Insurance - Written Premium by Policy (LTL Million), 2008-2017
Figure 83: Lithuanian Marine Insurance - Dynamics by Policy (%), 2008-2017
Figure 84: Lithuanian Marine Hull Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 85: Lithuanian Marine Hull Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 86: Lithuanian Marine Hull Insurance - Written Premium (LTL Million), 2008-2012
Figure 87: Lithuanian Marine Hull Insurance - Written Premium (LTL Million), 2012-2017
Figure 88: Lithuanian Marine Third-Party Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 89: Lithuanian Marine Third-Party Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 90: Lithuanian Marine Third-Party Insurance - Written Premium (LTL Million), 2008-2012
Figure 91: Lithuanian Marine Third-Party Insurance - Written Premium (LTL Million), 2012-2017
Figure 92: Lithuanian Aviation Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 93: Lithuanian Aviation Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 94: Lithuanian Aviation Insurance - Written Premium (LTL Million), 2008-2012
Figure 95: Lithuanian Aviation Insurance - Written Premium (LTL Million), 2012-2017
Figure 96: Lithuanian Transit Insurance - Number of Policies Sold (Thousand), 2008-2012
Figure 97: Lithuanian Transit Insurance - Number of Policies Sold (Thousand), 2012-2017
Figure 98: Lithuanian Transit Insurance - Written Premium (LTL Million), 2008-2012
Figure 99: Lithuanian Transit Insurance - Written Premium (LTL Million), 2012-2017
Figure 100: Lithuanian Non-Life Insurance - Written Premium by Distribution Channel (Percentage Share), 2012 and 2017
Figure 101: Lithuanian Non-Life Insurance - Direct Marketing Commission Paid (LTL Million), 2008-2012
Figure 102: Lithuanian Non-Life Insurance - Direct Marketing Commission Paid (LTL Million), 2012-2017
Figure 103: Lithuanian Non-Life Insurance - Written Premium Through Direct Marketing (LTL Million), 2008-2012
Figure 104: Lithuanian Non-Life Insurance - Written Premium Through Direct Marketing (LTL Million), 2012-2017
Figure 105: Lithuanian Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2008-2012
Figure 106: Lithuanian Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2012-2017
Figure 107: Lithuanian Non-Life Insurance - Number of Direct Marketing Distributors, 2008-2012
Figure 108: Lithuanian Non-Life Insurance - Number of Direct Marketing Distributors, 2012-2017
Figure 109: Lithuanian Non-Life Insurance - Bancassurance Commission Paid (LTL Million), 2008-2012
Figure 110: Lithuanian Non-Life Insurance - Bancassurance Commission Paid (LTL Million), 2012-2017
Figure 111: Lithuanian Non-Life Insurance - Written Premium Through Bancassurance (LTL Million), 2008-2012
Figure 112: Lithuanian Non-Life Insurance - Written Premium Through Bancassurance (LTL Million), 2012-2017
Figure 113: Lithuanian Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2008-2012
Figure 114: Lithuanian Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2012-2017
Figure 115: Lithuanian Non-Life Insurance - Number of Bancassurance Distributors, 2008-2012
Figure 116: Lithuanian Non-Life Insurance - Number of Bancassurance Distributors, 2012-2017

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- Vereinigte Hagelversicherung VVaG

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