Lithuania

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Association of Lithuanian Insurers
Web: www.draudikai.lt/lt

POPULATION, 2011-2014 (1)

Year Population
2011 3,535,547
2012 3,525,761
2013 3,515,858
2014 3,505,738

(1) Estimated.

Source: U.S. Central Intelligence Agency.

GROSS DOMESTIC PRODUCT, 2010-2014 (1)

(U.S. $ billions)

Year GDP
2010 NA
2011 $56.2
2012 61.3
2013 67.4
2014 79.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

NA=Data not available.

Source: U.S. Central Intelligence Agency.

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LIFE AND NONLIFE INSURANCE PREMIUMS, 2010

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $388
Life premiums 207
Total premiums $595
Percent of total world premiums 0.01%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 2/2011.

LEADING NONLIFE INSURANCE COMPANIES, 2015

 

  Gross written premiums
Company  LTL Mn USD Mn
Lietuvos draudimas  127.2 137.4
BTA  54.4 58.8
PZU Lietuva  52.3 56.5
ERGO Lietuva  52.3 56.5
If P&C  30.4 32.8
Gjensidige Baltic  26.9 29.0
Compensa Vienna  19.7 21.3
Seesam Lietuva  13.1 14.2
Swedbank  10.0 10.8
Vereinigte Hagel  4.8 5.2

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2015

 

  Gross written premiums
Company LTL Mn  USD Mn  
Aviva Lietuva  52.3 56.5
Swedbank Elu  50.0 54.0
SEB gyvybes  46.2 49.9
Compensa Life Vienna  30.0 32.4
ERGO Lietuva gyvybes 27.4 29.6
Mandatum Life  21.1 22.8
PZU Lietuva gyvybes  10.3 11.1
Bonum Publicum  6.2 6.7
AMPLICO Life  0.8 0.9

Source: Axco Insurance Information Services.

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