Financial Services, Insurance, Lithuania
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Friday, 26.04.2024, 12:53
Insurer’s Aviva Lietuva new sales grew by 65% in 2013
BC, Vilnius, 10.03.2014.
Print version
Print versionNew sales volume of insurance company Aviva Lietuva grew by 65%, while in premiums it became the second insurance service provider in Lithuania, reports LETA/ELTA.
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In 2013, Aviva Lietuva signed life insurance premiums for LTL 127 million (EUR 37 million) or by 13% more year-on-year and took one fifth of the market.
In 2013, Aviva Lietuva earned a net profit of LTL 26 million (EUR 7.5 million) or by 4.6% less year-on-year. In 2012, the company's profit amounted to LTL 27 million (EUR 7.8 million).
In late 2013, total assets of insurance and pension funds customers managed by Aviva Lietuva amounted to LTL 1.1 billion (EUR 0.32 billion) and year-on-year grew by 18%. In 2012, total assets managed by the company amounted to LTL 934 million (EUR 250 million).
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