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In terms of gross written premium, the non-life segment was the largest in the Lithuanian insurance industry during the review period (2008-2012) and accounted for 61.4% of the total insurance industry's written premium in 2012. Growth in the non-life segment was primarily supported by the compulsory nature of motor third-party liability insurance, and a rise in property insurance mainly due to frequent natural catastrophes in the country. Motor insurance was the leading category in the segment, accounting for 65.1% of the written premium in 2012, followed by property insurance with a 27.4% share, general third-party insurance with 6.5%, and marine, aviation and transit insurance with 1.0%.

Life insurance is the second-largest segment in the country's insurance industry, accounting for 21% of gross written premium in 2012. The main reason for the decline in gross written premium during the review period is the global financial crisis of 2008 which adversely impacted the Romanian economy, producing high unemployment rates, a high budget deficit, and a fall in demand. The country's GDP declined by 6.6% in 2009 and 0.9% in 2010. In 2010, the Romanian government implemented austerity measures such as a reduction in government employee salaries and social security benefits. This further affected the purchasing power of Romanians and their ability and willingness to purchase investment products such as life insurance. The Romanian economy started to recover in 2011, primarily driven by a considerable increase in agricultural production. The country's GDP is expected to increase at a CAGR of 2.6% over the forecast period. This is expected to result in a gradual rise in the demand for life insurance products.

Life insurance was the second-largest segment in the Lithuanian insurance industry in 2012, accounting for 32.1% of the industry's total written premiums. The segment's written premium increased at a compound annual growth rate (CAGR) of 1.8%. The segment is expected to post a forecast-period (2012-2017) CAGR of 7.1%. Segment growth was primarily attributed to an increase in the country's ageing population, the rise in disposable income levels and a greater demand for traditional life insurance products, such as individual life. Agencies and bancassurance were the main distribution channels for life insurance products in Lithuania, respectively accounting for 46.0% and 31.0% of the written premium generated through new business in 2012.

Low-income Californians with good driving records should be given a 3.9% rate decrease on the state’s innovative Low Cost Auto Insurance Program, according to an actuarial analysis Consumer Watchdog submitted to the California Department of Insurance Wednesday. The Insurance Commissioner is conducting an annual rate review to determine whether to increase, decrease or maintain the program’s rate structure, which is available at http://www.caiautoinsurance.com/

Lithuania has only two operational reinsurers, Gen Re and Scor Global Life SE, both of which are foreign and operate through domestic brokers. According to an agreement signed on January 1, 2014, Gen Re will provide reinsurance to UAB SEB gyvyb?s draudimas, a leading life insurance provider in Lithuania. Scor Global life SE reinsures risks for Bonum Publicum, one of the largest life insurance companies in Lithuania.

Those who build so-called driverless cars, like Maartin Sierhuis of Nissan Research, say they’re safer than ones with humans behind the wheel. “The autonomous vehicle can react faster and drive safer than the average human can drive,” Sierhuis said. Multiple studies have found human error accounts for more than 90% of car crashes.

California Auto Insurance Agency, Inc. rates are ranked among the highest in the U.S, according to new industry data. The Auto Pros company has made changes to help more West Coast drivers in 2014 and is now providing car insurance quotes for California motorists at http://www.caiautoinsurance.com/ .

“Car-sharing is growing in popularity with New Jersey consumers who are obtaining and providing transportation through Internet purveyors. In many cases, there may not be auto insurance coverage for these activities. Consumers need to use caution when weighing whether to pay for transportation or to make their personal vehicles available to others for a fee through these companies,” said DOBI Commissioner Ken Kobylowski in an emailed press release May 27.

Non-life insurance was the largest segment in the Kuwaiti insurance industry in 2012, accounting for 61.0% of total industry premiums. The segment's value increased during the review period (2008-2012) at a compound annual growth rate (CAGR) of 6.6% . Non-life insurance is expected to retain its position as the largest segment over the forecast period (2012-2017). Motor insurance was the largest category within the segment in terms of written premium during the review period. The category accounted for 39.7% of the overall non-life insurance written premium. Agencies and direct marketing were the main channels of distribution for non-life products in Kuwait, accounting for 40.1% and 25.6% of the new business written premium respectively in 2012. The growth in non-life insurance can be attributed to increased construction activity and mandatory motor insurance.

The Lithuanian personal accident and health insurance segment recorded growth during the review period (2008-2012), with the segment's written premium value increasing at a compound annual growth rate (CAGR) of 2.3% during the review period. It is further expected to grow at a CAGR of 5.6% over the forecast period (2012-2017). This growth was driven by an increase in healthcare expenditure, rising life expectancy, mandatory health insurance and growing consumer awareness of the benefits of insurance products. According to the International Monetary Fund (IMF), the country's GDP per capita at current prices is expected to value at LTL52,457.4 (US$21,209.6) in 2017, registering a CAGR of 6.8% over the forecast period. This growth is expected to result in an increase in average income levels and, consequently, improve the demand for personal accident and health insurance products. Personal accident insurance was the leading category in the segment accounting for 65.5% of the written premium in 2012.

Each year millions of people fall victim to insurance fraud and it is important to know how to prevent this. There are many different types of insurance fraud, including fake policies, premium fraud, and many others. Know how to effectively protect against these scams, will be able to avoid a lot of lost money as well as headaches. There are a lot of things to look out for when it comes to getting an insurance policy, and will want to be well versed in all of them.

Discount Motorcycle Insurance has announced an update to its online databases. Indian motorcycle owners now have more discount options, which can be found by finding low rates and comparing quotes. Online quotes can be found for free, 24/7, while cheaper insurance rates are more accessible than ever before.

The award-winning agency’s Central North Austin insurance office will handle Austin auto, home, life and business insurance, expanding their customer service umbrella and allowing the agency to accommodate their growing client base. Lezam & Associates is a multi-lingual agency, happily serving customers in Spanish, English and Vietnamese. Ensuring that the new location has hit the ground running is Teresa Bui, Austin insurance agent with 7 years of experience, who will be managing the new expansion.

LifeAnt.com, a company that is devoted to helping people save money by offering them life insurance quotes, has just posted a new article to their website that looks how and why the Internal Revenue Service does not like life insurance. Titled “5 Reasons the IRS Hates Life Insurance,” the article, lifeant.com/5-reasons-irs-hates-life-insurance/ offers a fascinating look at why this may be the case.

There are many well-documented ways to save on your motorcycle and car insurance in 2014. Shopping around is one helpful strategy. VoucherBadger, a UK based savings website, provides a simple way for motorcycle riders to do this. Also, as safety is one of the top priorities for motorcycle riders, it is also the focus of discounts by many insurance companies. In fact, some offer safe driver discounts for riders with no violations or accidents considered to be their fault.

Blake Insurance Group LLC is one of the most reputed insurance companies Tucson. The company provides a wide range of insurance plans ranging from Home Owner’s to Auto Insurance, Life to Health and Commercial to Umbrella Insurance. The company is known for offering low cost insurance plans and designs them as per the customers’ needs and requirements. The agency also represents several companies and addresses all their insurance needs. Commercial insurance or business insurance is offered for businesses or a group of people. Health insurance plans are offered for individuals and groups so as to make health care the most affordable one.

LifeInsuranceRates.com, a leading provider of instant life insurance rates, has recently shared that they have seen a significant surge in demand of Universal Life Insurance as many clients are now seeking flexible payments to ensure financial security.

CarInsuranceRates.com, one of the leading websites to provide instant car insurance rates, has recently published an informative article on Liability Auto Insurance to help the general public thoroughly understand its functioning and importance.

Costely, a company that offers drivers helpful information about car insurance rates and quote comparisons from hundreds of auto insurance companies across the country, has just launched their new and user-friendly website at http://www.costely.com.

This report is the result of Timetric's extensive market research covering the non life insurance industry in Jordan . It contains detailed historic and forecast data for distribution channels. "Non-Life Insurance Distribution Channels in Jordan to 2018: Market Databook" provides detailed insight into the operating environment of the non life insurance industry in Jordan . It is an essential tool for companies active across the Jordanian non life insurance value chain and for new players considering to enter the market.

The life insurance segment in Indonesia accounted for 76.3%, of the total gross written premiums in 2013, after posting a CAGR of 21.9% during the review period. The growth was mainly generated from the strong performance of individual life products such unit-linked and endowment insurance. It was further encouraged by robust economic development and improved stock market performance following the decline from the global financial crisis in 2009. Indonesia's GDP at constant prices grew at a CAGR of 6.2% during the review period, and these factors are expected to support the life segment over the forecast period; it is expected to grow in terms of written premium at a forecast-period CAGR of 15.8%.

This report is the result of Timetric's extensive market research covering the personal accident and health insurance industry in Serbia. It contains detailed historic and forecast data for personal accident insurance. "Personal Accident Insurance in Serbia to 2017: Market Databook" provides detailed insight into the operating environment of the personal accident and health insurance industry in Serbia. It is an essential tool for companies active across the Serbian personal accident and health insurance value chain and for new players considering to enter the market.

More and more satisfied clients from Texas and neighboring states trust Cinco Ranch Insurance Services, a full-service independent agency that handles all types of property and casualty insurance.

Spring is, paradoxically, the peak season for a hailstorm, with the change in atmospheric pressure turning high altitude water vapor into ice crystals which increase in size as they fall, causing significant damage to property and possessions. Summer on the other hand is tornado season, which comes with a very different set of dangers. In all cases however, many affected by these natural disasters do not want to think about the many complexities involved in filing an insurance claim, and instead want to move on with repairing and rebuilding their lives. ClaimsMate.com can help take the pressure off these people, and has now published a new jargon busting guide to insurance terms available free to all visitors.

Kaups Insurance is now offering cheap health insurance in MN for their customers. Now clients can directly purchase online health insurance by visiting the Kaups Insurance site and they can connection you with companies. In addition to this, they also provide a variety of insurances like auto insurance, business insurance, home insurance, motorcycle insurance, etc.