News
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2016-01-20
The number of accidents increased by 20 percent due to abundant snow
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.
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2015-11-02
Poll: most residents rely on insurers, few - on fast credit companies
A representative public opinion poll revealed that the majority of Lithuanian residents expressed their trust to insurance companies. Contrary, people do not trust fast credit companies.
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2015-10-14
Lithuanian insurance market remains one of the smallest in the EU
Lithuanian insurance market in terms of premiums reached and exceeded pre-crisis level last year, but by its ratio to gross domestic product (penetration) and per capita expenditure (density) remains one of the smallest in the European Union (EU).
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2014-02-12
An insurance market keeps increasing
Both the life assurance and non-life insurance markets recorded similar growth rates: the former expanded by 8.9 per cent, the latter by 8.7 per cent. The life assurance market volume, as compared to the previous year, was the highest in six years.
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2012-04-20
Complaints procedure
On 2 January 2012, the Bank of Lithuania started the extrajudicial investigation of complaints and resolution of disputes between consumers and financial institutions, which were settled up to now by the Insurance Supervisory Commission, the Securities Commission and the State Consumer Rights Protection Authority.