During the observation period, the value of gross written premiums by life insurance companies on the domestic market in Lithuania fluctuated, reaching a value of approximately 21 million euros in 2018. The lowest value registered was in 2019 at eight million euros. In comparison, the amount of life premiums in the peak year 2015 was 64 million euros.
The United Kingdom had the highest value of life insurance premiums among all European counties in 2019, followed by France and Italy. Together, the top three countries accounted for nearly 60 percent of the European market.
Total value of life insurance gross premiums written in Lithuania from 2011 to 2019
(in million euros)
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Insurance Europe. (August 5, 2022). Total value of life insurance gross premiums written in Lithuania from 2011 to 2019 (in million euros) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1062638/life-insurance-gross-written-premiums-in-lithuania/
Insurance Europe. "Total value of life insurance gross premiums written in Lithuania from 2011 to 2019 (in million euros)." Chart. August 5, 2022. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1062638/life-insurance-gross-written-premiums-in-lithuania/
Insurance Europe. (2022). Total value of life insurance gross premiums written in Lithuania from 2011 to 2019 (in million euros). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1062638/life-insurance-gross-written-premiums-in-lithuania/
Insurance Europe. "Total Value of Life Insurance Gross Premiums Written in Lithuania from 2011 to 2019 (in Million Euros)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/1062638/life-insurance-gross-written-premiums-in-lithuania/
Insurance Europe, Total value of life insurance gross premiums written in Lithuania from 2011 to 2019 (in million euros) Statista, https://www.statista.com/statistics/1062638/life-insurance-gross-written-premiums-in-lithuania/ (last visited November 05, 2024)
Total value of life insurance gross premiums written in Lithuania from 2011 to 2019 (in million euros) [Graph], Insurance Europe, August 5, 2022. [Online]. Available: https://www.statista.com/statistics/1062638/life-insurance-gross-written-premiums-in-lithuania/