Poland

Location:
Central Europe, East of Germany

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

Natural hazards:
destructive earthquakes



Currency: Zlots (PLN)

1 EUR = 4.2623 Zlots - PLN (December 31st, 2014)
1 EUR = 4.1472 Zlots - PLN (December 31st, 2013)
1 EUR = 4.0882 Zlots - PLN (December 31st, 2012)
1 EUR = 4.4168 Zlots - PLN (December 31st, 2011)
1 EUR = 3.9603 Zlots - PLN (December 31st, 2010)

Sources:
The Polish Financial Supervision Authority (KNF)
The Polish Chamber of Insurance (PIU)
National Bank of Poland

Insurance statistics

1Q2017Market portfolioxlsx
1Q2017Insurance companies rankingsxlsx
FY2016Market Portfolioxlsx
FY2016Insurance Companies Rankingsxlsx
3Q2016
Market Portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market Portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
1Q2016
Market Portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
FY2015Market Portfolioxlsx
FY2015Insurance Companies Rankingsxlsx
3Q2015Market Portfolioxlsx
3Q2015Insurance Companies Rankingsxlsx
1H2015Market Portfolioxlsx
1H2015Insurance Companies Rankingsxlsx
1Q2015Market Portfolioxlsx
1Q2015Insurance Companies Rankingsxlsx
FY2014Market Portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
3Q2014
Insurance Companies Rankingsxlsx
3Q2014Market Portfolioxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market portfolioxlsx
1Q2014Insurance companies rankingsxlsx
FY2013Insurance market overview pdf
FY2013Market Portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
3Q2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013
Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
FY2012Market Portfolioxlsx
FY2012Insurance Companies Rankingsxlsx
3Q2012Market Portfolioxlsx
3Q2012Insurance Companies Rankingsxlsx
1H2012Insurance market overview pdf
1H2012Insurance Companies Rankingsxlsx
1H2012Market Portfolioxlsx
1Q2012Insurance Companies Rankingsxlsx
1Q2012Market Portfolioxlsx
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
Polish insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings (total & main lines)xls
2009Polish insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Polish insurance market overviewpdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankings (total & main lines)xls

1Q2017 Market portfolio

1Q2017 Insurance companies rankings

POLAND says insurers' treasury bonds to not be exempt from asset tax

Polish government bonds owned by insurance companies will not be exempt from the bank tax, unlike the ones owned by banks, deputy Finance Minister Konrad Raczkowski said on Tuesday. Earlier on Tuesday a member of the ruling Law and Justice (PiS) party said that it planned to amend the bank tax bill to exempt government bonds from the levy.

POLAND: A quarter million cars uninsured

As many as 250,000 Polish drivers have not insured their cars, which is a legal requirement in the country. Just last year, more than 6,000 accidents were caused by uninsured drivers or those who fled the scene.

STATISTICS: POLAND 1H2015: GWP stagnation, lower profitability

Compared with the previous years' results, 1H2014 represented for the Polish insurance market rather a stagnation period, with GWP increasing by only 1.3% both on the life and non-life segments. Thus, total GWP amounted to PLN 28.09 billion (EUR 6.69 billion), while claims paid totaled PLN 17/44 billion (EUR 4.16 billion), a volume roughly comparable with the last year's first half figure.

POLAND eyes sending stakes in PGNiG gas, PZU insurance and PGE power to Silesia fund

Poland will seek to hand shares in gas firm PGNiG, insurer PZU and power utility PGE over to the Silesia investment fund, according to a motion from the Treasury Ministry to the Monday cabinet sitting. In the deal, Poland will take a new stake in the Silesia Financial Agency fund, first called to being to help Poland restructure its milling industry.

POLAND: PZU eyes move into online insurance

Three investors have been shortlisted to buy Poland's largest insurance e-comparison engine, reportedly including Link4, a unit of Poland's largest insurer PZU. The other two bidders for Rankomat.pl are private equity fund Enterprise Investors and UK insurance intermediary company, Confused.com, the daily Puls Biznesu reports.

POLAND: Medical malpractice insurance should

Employers of Poland urge  the Minister of Health to amend the act on medical activity so that medical malpractice insurance for hospitals remain voluntary rather than compulsory. This would enable hospitals to save up to several hundred thousand z

STATISTICS: POLISH insurance market up 3% in Q1 2015

Polish insurers' aggregate GWP was up by 2.95% y-o-y to PLN 14.37 billion (EUR 3.51 billion) in the first quarter of 2015, as the financial indicators published by the Polish Financial Supervision Authority (KNF) showed. Official figures also revealed that the amount of paid claims/indemnities during the period was PLN 8.72 billion, representing a decrease of 4.82% y-o-y.

POLAND: Aviva and Liberty join DCA

On 1 July Aviva and Liberty Ubezpieczenia joined companies offering Direct Claims Adjustment (DCA) to their clients. Currently, the system has been already applied by 7 insurance companies, which corresponds to ca. two thirds of the third party motor liability insurance market. In mid-October DCA is to be introduced also by the eighth insurer - Gothaer.