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Non-Life Insurance in Poland, Key Trends and Opportunities to 2017 Reportstack Reportstack Contact contactus@reportstack.com


Summary ď ś The Polish non-life insurance segment performed better as compared to the life insurance segment which declined at a CAGR of -1.9% during the review period, and continued to expand even during the global financial crisis in 2009. The written premium of the non-life segment increased from PLN18.1 billion (US$7.5 billion) in 2008 to PLN23.4 billion (US$7.2 billion) in 2012, at a review-period CAGR of 6.6%. The growth in the segment was partly due to improved demand for property insurance, and the high frequency of natural disasters. The increase in insurance premium rates due to the severe flooding and forest fires in 2010, coupled with mandatory motor third-party liability insurance, supported the growth during the review period (2008-2012). These factors, coupled with projected economic growth, are also expected to support the segment over the forecast period, during which the written premium of the non-life insurance segment is expected to increase from PLN23.4 billion (US$7.2 billion) in 2012 to PLN31.6 billion (US$10.7 billion) in 2017, at a projected CAGR of 6.2%. The segment is also expected to benefit from increasing levels of risk awareness among Polish consumers.

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Scope 

It provides historical values for the Polish personal accident and health insurance segment for the report’s 2008-2012 review period and forecast figures for the 20122017 forecast period

It offers a detailed analysis of the key sub-segments in the Polish non-life insurance segment, along with market forecasts until 2017

It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions

It analyses the various distribution channels for non-life insurance products in Poland

Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Poland for the non-life insurance segment

It provides a detailed analysis of the reinsurance segment in Poland and its growth prospects

It profiles the top non-life insurance companies in Poland and outlines the key regulations affecting them

Reportstack Contact contactus@reportstack.com


Key Benefits  Make strategic business decisions using in depth historic and forecast market data related to the Polish non-life insurance segment and each category within it

 Understand the demand-side dynamics, key market trends and growth opportunities within the Polish non-life insurance segment

 Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment

 Identify the growth opportunities and market dynamics within key product categories  Gain insights into key regulations governing the Polish insurance segment and its impact on companies and the market's future

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Key Highlights 

 

Poland is the largest Central and Eastern European (CEE) economy, and was the only EU economy to avoid contraction during the 2009 global financial crisis The Polish non-life insurance segment performed better as compared to the life insurance segment which declined at a CAGR of -1.9% during the review period, and continued to expand even during the global financial crisis in 2009 A rise in premium rates supported growth Growth in the segment is expected to be supported by increased government spending on infrastructure, and improving consumer awareness of non-life insurance products The Polish non-life insurance segment is regulated by the Polish Financial Supervisory Authority The Polish non-life insurance segment is highly concentrated, with the leading 10 non-life insurance companies accounting for 84.4% of total Polish non-life written premiums in 2012

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Companies Mentioned 

PZU SA

Tuir Warta SA

STU Ergo

Hestia SA

Tuir Allianz

Polska SA

Uniqa Tu SA

Interrisk SA

Compensa Tu SA

Generali Tu SA

MTU Moje

Towarzystwo

Ubezpiecze? SA

Gothaer Tu SA Reportstack Contact contactus@reportstack.com


If you are interested... ď Ź

Contact Debora White Reportstack Market Research Email: debora@reportstack.com Ph: +1-888-789-6604

http://www.reportstack.com

Reportstack Contact contactus@reportstack.com

Non life insurance in poland, key trends and opportunities to 2017  

The Polish non-life insurance segment performed better as compared to the life insurance segment which declined at a CAGR of -1.9% during th...

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