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Reinsurance in Lithuania, Key Trends and Opportunities to 2018

Reinsurance in Lithuania, Key Trends and Opportunities to 2018

Synopsis

Timetric’s 'Reinsurance in the Lithuania, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Lithuanian reinsurance segment. It provides values of a number of Key Performance Indicators (KPI) such as written premium, reinsurance ceded and reinsurance accepted during the review period (2009–2013) and forecast period (2013–2018). The report also analyses information pertaining to the competitive landscape in the country. This brings together Timetric’s research, modeling, and analysis expertise to allows reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary

Timetric’s 'Reinsurance in the Lithuania, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Lithuanian reinsurance segment, including:

  • The Lithuanian reinsurance segment's growth prospects by reinsurance category
  • Key drivers for the reinsurance segment
  • Lithuanian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
  • The competitive landscape in the Lithuanian reinsurance segment
Scope

This report provides a comprehensive analysis of the reinsurance segment in Lithuania:
  • It provides historical values for Lithuania’s reinsurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key categories in Lithuania’s reinsurance segment, along with market forecasts until 2018.
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Lithuania and its growth prospects.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Lithuanian reinsurance segment and each sector within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Lithuanian reinsurance segment.
  • Identify the growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Lithuanian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The personal accident and health segment ceded the largest proportion of premium to reinsurers accounting to 5.9%in 2013, followed by non-life segment at 4.0% and life segment at 1.8% in 2013.
  • Lithuania has two operational reinsurers, Gen Re and Scor Global Life SE, both of which are foreign and operate through domestic brokers.
  • In 2008, the Insurance Supervisory Commission adopted regulations which permitted foreign insurers and reinsurers to establish branches in the country.
  • According to an agreement signed in January 2014, Gen Re provides reinsurance to UAB SEB gyvybės draudimasa while Scor Global life SE reinsures risk for Bonum Publicum.


  • Key Facts and Events
    • Table Lithuanian Reinsurance - Key Facts, 2013
  • Executive Summary
  • Introduction
    • What is this Report About?
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • Lithuanian Insurance Industry Attractiveness
    • Insurance Industry Size, 2009-2018
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (LTL Million), 2009-2013
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (EUR Million), 2009-2013
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2009-2013
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (LTL Million), 2013-2018
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (EUR Million), 2013-2018
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2013-2018
      • Table Lithuanian Insurance Industry - Gross Written Premium by Segment (Percentage Share), 2009-2018
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (LTL Million), 2009-2013
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (EUR Million), 2009-2013
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2009-2013
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (LTL Million), 2013-2018
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (EUR Million), 2013-2018
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2013-2018
      • Table Lithuanian Insurance Industry - Direct Written Premium by Segment (Percentage Share), 2009-2018
  • Reinsurance Growth Dynamics and Challenges
    • Reinsurance Segment Size by Premium Ceded, 2009-2018
      • Table Lithuanian Reinsurance - Premium Ceded by Segment (LTL Million), 2009-2013
      • Table Lithuanian Reinsurance - Premium Ceded by Segment (EUR Million), 2009-2013
      • Table Lithuanian Reinsurance - Premium Ceded by Segment (US$ Million), 2009-2013
      • Table Lithuanian Reinsurance - Premium Ceded by Segment (LTL Million), 2013-2018
      • Table Lithuanian Reinsurance - Premium Ceded by Segment (EUR Million), 2013-2018
      • Table Lithuanian Reinsurance - Premium Ceded by Segment (US$ Million), 2013-2018
      • Table Lithuanian Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
      • Table Lithuanian Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
      • Table Lithuanian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
      • Table Lithuanian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
      • Table Lithuanian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
      • Table Lithuanian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
  • Key Industry Drivers
    • Reinsurance Drivers
    • Life Insurance Drivers
    • Non-Life Insurance Drivers
    • Personal Accident and Health Insurance Drivers
  • Competitive Landscape and Strategic Insights
    • Overview
    • Leading Companies in the Lithuanian Life Insurance Segment
      • Gen Re - company overview
      • Scor Re - company overview
  • Appendix - 1
    • Economic Performance
      • GDP at constant prices (US$)
      • GDP per capita at constant prices (US$)
      • GDP at current prices (US$)
      • GDP per capita at current prices (US$)
      • GDP by key sector
      • Agriculture, hunting, forestry and fishing net output at current prices (US$)
      • Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
      • Manufacturing net output at current prices (US$)
      • Manufacturing net output at current prices as a percentage of GDP
      • Mining, manufacturing and utilities at current prices (US$)
      • Mining, manufacturing and utilities at current prices, as percentage of GDP
      • Construction net output at current prices, (US$)
      • Construction net output at current prices as a percentage of GDP
      • Inflation rate
      • Exports as a percentage of GDP
      • Imports as a percentage of GDP
      • Merchandise exports growth
      • Merchandise imports growth
      • Annual average exchange rate LTL-US$
    • Infrastructure
      • Total internet subscribers
    • Labor Force
      • Unemployment rate
    • Demographics
      • Total population
      • Urban and rural populations
      • Age distribution of the total population
      • Life expectancy
  • Appendix - 2
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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