Poland Insurance Sector Report 2023-2024

With PLN 196.9bn of assets and PLN 72.4bn of premiums in 2022, the Polish insurance market is the largest in the Central and Eastern Europe (CEE). However, it remains far less saturated than in Western European countries; the penetration rate is 2.2%, ranking Poland 53rd in the world, according to Swiss Re. In 2022 premiums rose by 4.5% y/y following a 9.1% y/y increase in 2021 after the COVID-19 pandemic. The growth was due to non-life insurance premiums, which increased by 7.9% y/y to PLN 50.8bn. In life insurance the consequences of bad reputation of unit-linked products and increased competition continued to drive premiums down, decreasing by 2.6% y/y to PLN 21.5bn in 2022.

This report provides a complete and detailed analysis of the "Insurance" sector for Poland. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Insurance" sector in Poland
• Crystallise the forces both driving and restraining this sector in Poland
• Ascertain Poland’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Poland.
• Build a clear picture of trends, output and consumption for specific sub-sectors