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TMCNet:  Research and Markets: Non-Life Insurance in Poland, Key Trends and Opportunities to 2017 Research Report

[December 06, 2013]

Research and Markets: Non-Life Insurance in Poland, Key Trends and Opportunities to 2017 Research Report

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/mjx57t/nonlife) has announced the addition of the "Non-Life Insurance in Poland, Key Trends and Opportunities to 2017" report to their offering.

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 expeced 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.


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

Key Topics Covered:

Executive Summary

Introduction

Polish Insurance Industry Attractiveness

Non-Life Insurance Segment Outlook

Analysis by Distribution Channel

Porter's Five Forces Analysis - Polish Non-Life Insurance

Reinsurance Growth Dynamics and Challenges

Regulatory Policies

Competitive Landscape and Strategic Insights

Business Environment and Country Risk

Appendix

List of Tables

List of Figures

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 Ubezpieczen SA

Gothaer Tu SA

For more information visit http://www.researchandmarkets.com/research/mjx57t/nonlife

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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