Lithuania Insurance Q2 2019
Lithuania's insurance industry, though one of the smallest in the Central and Eastern Europe region, does offer room forgrowth in light of significant existing gaps in coverage, particularly in the underdeveloped life insurance segment. The market willbenefit from a robust macroeconomic background, including strong growth in consumer spending power, which will drive upunderwriting activity across a number of non-life sectors and improve the capacity of many households to utilise savings andinvestment products in the life sector. The market will also benefit from the presence of several large regional providers, whichensure an increasingly diverse range of products is made available.
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