Lithuania Insurance Report 2013 - New Market Research Report
2012 will not be seen as a vintage year for Lithuania's small and crowded insurance sector. Volatility in financial markets has sharply curtailed savers' appetite for unit-linked insurance products, demand for which had been growing quite rapidly in early 2011. This is, in any case, in a country where the relatively few people who have the money and inclination to use life insurance were spending only modest amounts per capita. In part because of the maturity of policies that had...
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