insurance

  • Economy

Losses in rented housing sometimes amount to six-digit figures

Apartment or house rent market is constantly increasing, whereas the major determinants of its growth include the rise of investments…

6 years ago
  • CORPORATE

Lithuanian insurance companies consider covering terrorism risk

A series of terrorist attacks in Europe has made Lithuanian insurance companies think of offering insurance against terrorism risks to…

8 years ago
  • CORPORATE

Extreme weather events hit Lithuanians in pocket

Lithuanians were hit with big bills from extreme weather events last summer, with thunder storms causing the most damage.Insurance company…

8 years ago
  • Economy

Lithuanians prioritize insuring possessions over life

Life insurance market in Lithuania has bounced back to the levels before the 2008 global downturn, the Bank of Lithuania…

9 years ago
  • CORPORATE

New consumer protections to stop hidden insurance charges on way – Lithuanian Central Bank

The Bank of Lithuania has proposed regulations for the insurance investment market, aimed at strengthening consumer protection and capping how…

9 years ago
  • Culture

Record insurance for paintings by Čiurlionis to be exhibited in Krakow

An exhibition of works by famous Lithuanian painter Mikalojus Konstantinas Čiurlionis, set to be moved to Krakow, Poland, for exhibition,…

9 years ago
  • Economy

Lithuania’s insurance market posts record growth

In the first half of 2015 year-on-year, Lithuania's insurance market has grown by 6.4 percent based on written premiums and…

9 years ago
  • Economy

Profits up by third in Lithuania’s insurance market

In 2014, insurance undertakings registered in Lithuania, according to unaudited data, earned EUR 24.1 million (LTL 83.2 million) of profits,…

10 years ago
  • Economy

Norway’s insurer Gjensidige to buy PZU Lithuania

Norwegian insurance company Gjensidige Forsikring ASA agreed to acquire 99.88 percent of the shares in PZU Lietuva from PZU SA…

10 years ago