Forecast: insurance market continues to grow rapidly this year due to non-life insurance development
Assessing insurance premiums Lithuanian insurance market increased by 10 percent last year. This year the market will grow more moderately - by 6-7 percent.
Treatment prices for travellers have recently increased significantly. This is particularly evident in Lithuanian tourists favourite countries: Thailand, Indonesia, Sri Lanka, India, Spain, belonging to the island of Tenerife, and Japan, where the average bill for tourists treatment increased from 5 to 30 percent.
Abundant snow has become a serious examination for the country drivers. According to the largest Lithuanian non-life insurance company "Lietuvos draudimas", the number of accidents and damages last day was higher approximately 20 percent. The statistics of the last few years demonstrate that abundant snow, fallen out for the first time during the year, is capable to increase the number of accidents up to one and a half times.