Press Release Summary: Independent 5-year insurance industry forecast for Lithuania. Original insurance market research and insurance sector trend analysis for Lithuania's insurance industry.
Press Release Body: Bharatbook.com is proud to announce the new report "Insurance Report Lithuania" ( http://www.bharatbook.com/detail.asp?id=16293 ). Independent 5-year insurance industry forecast for Lithuania. Original insurance market research and insurance sector trend analysis for Lithuania's insurance industry. Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Lithuania. The Lithuania Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Lithuania through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Lithuania; and analysis of the latest insurance industry developments, trends and regulatory changes in Lithuania. Lithuania Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Lithuanian insurance industry. Key Benefits Benchmark It's Independent 5-Year Insurance Industry Forecast on Lithuania to test other views - a key input for successful budgeting and planning in this strategic insurance market. Target Business Opportunities & Risks in Lithuania\'s Insurance Sector through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Lithuania. Exploit The Latest Competitive Insurance Intelligence & Company SWOTS on your competitors and peers in Lithuania through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services. Executive Summary The Sector At A Glance Key Insights On Lithuania\'s Insurance Sector Like its counterparts in Estonia and Latvia, Lithuania\'s insurance sector is growing quickly. Like the insurance sectors in the other Baltic states, it will never be particularly large. Life insurance is far less developed than is non-life insurance. However, Lithuania appears to be a more attractive market for major foreign insurers (or at least those who have established businesses in the country already) for two reasons. The first is that the Lithuanian government has apparently done more to improve the country\'s business competitiveness and readiness for ultimate participation in Economic and Monetary Union with the rest of the Euroland. The second is that the Lithuanian non-life market appears more orderly than its counterparts in Latvia and Estonia. In essence, competition (both in terms of price and development of new products) appears to be more intense in Latvia and Estonia than in Lithuania. We would attribute this to the dominant position of Lietuvos Draudimas in the Lithuanian market and, in particular, in the non-life segment. Neither of the other two countries have a former state-owned monopoly that is now a subsidiary of a major foreign insurer. Indeed, Codan, the Danish insurer which is ultimately a part of the Royal/Sun Alliance group, has indicated that it is keen to move to full control of Lietuvos Draudimas. Key Features Of This Report - And Likely Future Changes
As we envisaged earlier this year, this report includes a completely new and updated Analysis of Competitive Conditions. We have looked at the corporate websites of around 60 companies to assess where they are active in the non-life and/or the life segments. We have also considered the likely growth in absolute premiums, both for the 36 countries that we survey, and for 24 others. A key observation is that there are many countries where the numbers of cross-border insurance companies are surprisingly large, given the scale of the market opportunity: conversely, there is a number of countries where the cross-border insurance companies that are present are surprisingly small. In the third quarter of 2006, we hope to improve the Analysis of Competitive Conditions and to include actual premium statistics for the end of 2005. Coverage Lithuania Insurance Sector At A Glance Key insights into the insurance market, covering industry trends, key players and the regulatory environment, plus snapshots of life and non-life premium values in local currency and US$. Evolution of the Lithuanian Insurance Market Analysis of recent developments in the local insurance market, including data on life and non-life premium values, density and penetration, dating from 1998. It 5-Year Industry Forecasts for Lithuania Analysis of market growth drivers, including 5-year projections (to end-2011) for premium values. Forecasts section also includes It risk ratings on local economy, politics and business environment. Industry indicators covered include: Number of life and non-life insurance companies; total and per capita Property/Casualty premiums and claims; total and per capita Life/Health premiums and claims; total premium income; total claims/expenses; total operating expenses; total assets and investments; industry density (per capita premiums) and penetration (premiums as a portion of GDP) It 5-Year Macroeconomic Forecast for Lithuania It forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt. Insurance Company Rankings in Lithuania Comparative company analyses and rankings by premium income (life and non-life). Insurance Industry Competitive Landscape in Europe A cross-border overview of key players and their market share across the region. Tables and graphs show country presence of multinationals throughout the region. For more information kindly visit: http://www.bharatbook.com/detail.asp?id=16293 Bharatbook, the leading information aggregator. We facilitate and support the business information needs. With over 90,000 reports, you can get instant access and insights on the studies in you for market research, corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management, country intelligence, consumer & durable goods, chemical and more your areas of interest. Contact us at +91 22 27578668 / 27579438 or email info@bharatbook.com or our website www.bharatbook.com
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