Poland

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Location map
author: OCHA/ ReliefWeb


Location:
- Central Europe;
- Neighbours: Slovakia, Czechia, Germany, Russia, Belarus, Ukraine.

Climate:
- temperate with cold, cloudy, moderately severe winters with frequent precipitation;
- mild summers with frequent showers and thundershowers.

Natural hazards:
- destructive earthquakes;

Macro indicators
* 2018 estimates
Surface:312,696km2
Population*:38.0million
Pop. density*:121.5people/km2
GDP*:492.2EUR billion
GDP/capita*:12,960.2EUR

European Union:
EU member, since 2004

Currency: Zloty
Code: PLN
Since: 1994


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:35%
TOTAL NON-LIFE*:65%
Overall Property*:11%
Overall Motor*:38%


Sources:



 


Statistics

Poland 1Q2020 Market Portfolio

Poland 1Q2020 Insurance Companies Rankings


See all statistics

Latest news

POLAND: Andrea SIMONCELLI became the Insurance Manager of the Year 2019

The President of the Management Board of GENERALI Polska companies Andrea SIMONCELLI was recognized by Gazeta Bankowa as the Insurance Manager of the Year. This title was awarded by the Competition Jury for successful acquisitions and consolidation of the insurance market in Poland, as the Italian insurer informed in a statement.










Aleksandra AGATOWSKA appointed to PZU's Supervisory Board

On October 23, 2019, the PZU's Supervisory Board adopted a resolution regarding the appointment of Aleksandra AGATOWSKA to the Management Board, giving her the function of Member of the Management Board of PZU SA.


POLAND: Insurance Guarantee Fund has a new President

The Council of the Insurance Guarantee Fund of Poland (UFG) unanimously adopted on 19 September 2019 a resolution on the appointment of Malgorzata SLEPOWRONSKA, currently member of the board, as the President of UFG.



POLAND: less than 0.5% of all registered vehicles are not covered by a MTPL policy

According to the Polish Insurance Guarantee Fund's estimations, there may be about 80-90,000 vehicles in use without a valid MTPL policy, which is 0.4 - 0.5% of all registered vehicles. This percentage places Poland among the CEE countries with the highest degree of insurance coverage, together with Slovenia the Czech Republic and Hungary.

PZUW is the second fastest-growing mutual insurer in the world

PZUW, the mutual insurance arm of the Polish PZU Group, is the second fastest growing mutual insurance company in the world, the latest edition of the Global 500 report prepared by the International Federation of Cooperative Insurance and Mutual Insurance Companies (ICMIF) shows.

STATISTICS: POLAND: Almost EUR 4 billion in GWP after the first quarter

Polish insurers' aggregate GWP was up by 0.6% y-o-y to PLN 16.35 billion (~EUR 3.80 billion) in the first quarter of 2019, financial indicators from the Polish Financial Supervision Authority (KNF) showed. Official figures also revealed that the amount of paid claims/indemnities during the period was PLN 10.2 billion, representing a decrease of 2.7% y-o-y.


GENERALI completed acquisition of Union Investment TFI S.A. in Poland

GENERALI finalized the completion of the transaction with German Group Union Asset Management Holding AG to acquire Union Investment TFI S.A. in Poland. GENERALI has received the required approvals from all relevant regulatory bodies and competition authorities.


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