Insurance Market in Poland 2018-2020 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 18, 2018--The “Insurance Market in Poland 2018-2020, CEE Insurance Series” report has been added to ResearchAndMarkets.com’s offering.
Insurance Market in Poland 2018-2020 is the latest full update of comprehensive publication on the insurance sector in Poland. It is describing the present market structure and recent trends in the insurance market. It also provides short term estimates of insurance premium for the years 2018-2020.
If compared to the previous -2017- edition, it has been fully revised and upgraded with a few new analyses. When preparing this report we have responded to the feedback received form our customers and have incorporated a few improvements making this new issue even more client-friendly and informative.
The insurance sector. 2017 was a good year for insurers operating in Poland. Premium written in non-life insurance surged by 18% YoY to nearly PLN 37.8 billion fueled primarily by car insurance and benefiting from both higher tariffs and increasing number of insured cars. Also financial risks, health-related and property insurance sustained fast growth. By contrast, a remarkable reversal took place in the life insurance segment. After multiple years of declines, life insurance premium rebounded and started to grow again. This was possible thanks to much higher sales of unit-linked insurance - a result of multiple factors, including stronger equity markets and low interest rates at banks. Overall life insurance premium advanced by 3 %YoY and reached PLN 24.6 billion in 2017.
Encouraged by improving outlook, consolidation trends in the insurance sector intensified in H1 2018. Vienna Insurance Group (VIG), known for its appetite for acquisitions managed to acquire assets of specialized insurer Concordia. Moreover, VIG via its subsidiary - Interrisk - secured a majority stake in the largest mutual insurer TUW. At the same time, Generali agreed to acquire business of Gothaer in Poland and Unum took over Pramerica Zycie business from the US-based Prudential Financial.
Key Topics Covered:
1. Executive summary
2. Macroeconomic overview
3. Insurance market
4. Non-life insurance
5. Life insurance
7. Top players’ profiles
Companies MentionedPzu Zycie S.A. Aviva Polska - Tunz S.A. Metlife Allianz Zycie Polska S.A. Nn Tunz S.A. Tunz Europa S.A. Tunz Warta S.A. Compensa Tunz S.A.Vienna Insurance Group Benefia Tunz S.A. Vienna Insurance Group Uniqa Tu Na Zycie S.A. Stunz Ergo Hestia S.A. Tu Allianz Polska S.A. Axa Tu S.A., Benefia Tu S.A. Vienna Insurance Group Bre Ubezpieczenia Tu S.A. Aviva Tu Compensa S.A. Concordia Polska Tuw Stu Ergo Hestia S.A. Tu Euler Hermes S.A. Tu Europa S.A. Generali Tu S.A. Hdi Asekuracja Tu S.A Link4 Tu S.A. Mtu Moje Towarzystwo Ubezpieczen Pzu S.A. Uniqa Tu S.A. Tuir Warta S.A. Bz Wbk - Aviva - Tu S.A.
For more information about this report visit https://www.researchandmarkets.com/research/cx29k4/insurance_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180918006032/en/
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KEYWORD: EUROPE POLAND
INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/18/2018 02:52 PM/DISC: 09/18/2018 02:52 PM