Central Europe, East of Germany

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 = 4.4240 Zlots - PLN (December 31st, 2016)
1 EUR = 4.2615 Zlots - PLN (December 31st, 2015)
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)

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
Market Portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market Portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
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
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
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
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
Polish insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
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

Poland 10Y 2018 Timeline

Poland 1H2018 Insurance Companies Rankings

See all statistics

POLAND: PZU insurance plans 2-3 banking acquisitions

The CEO of PZU Andrzej Klesyk told reporters on Monday that the Poland's largest listed insurance firm PZU is eyeing multiple banking acquisitions in Poland,. "We are looking at the deals," Klesyk said. Asked about recent reports that the firm is eyeing two or maybe three such purchases, he added: "For us, acquisition of a single bank would make no sense."

Private health insurance increasingly popular in Poland; PZU prepared to invest PLN 800 million until 2020 in its health insurance business development

Interest in private healthcare in Poland is increasing, with the number of people holding health insurance coverage amounting in 2014 to. 1.2 million, compared to 850 thousand a year earlier. Customers have paid for health insurance PLN 400.9 million (~EUR 94 million), up 19% y-o-y. The most popular are still group insurance, as the Polish Chamber of Insurers (PIU) has recently stated.

POLAND: Insurer PZU on lookout for banks?

Polish insurance giant PZU is mulling the creation of one of Poland's largest banks which may have assets of over PLN 115 billion. According to the Puls Biznesu daily, the bank could be created through the consolidation of two existing lenders on the Polish market - Alior Bank and Raiffeisen Polbank. It is thought that Bank BPH may also be in PZU's scope of interest.

Austrian VIG may resort to the M&A process in POLAND to increase its market share

The Austrian insurer VIG plans to increase its market share in Poland due to a slight decline of this indicator in 2014. The Austrian Group may resort to M&A in the process, company representatives told the local media in a press conference quoted by the news website THE WARSAW VOICE. "The Polish insurance market is growing more than twice as fast as the Austrian market and VIG Polska is expanding three times faster than the Polish market. (...) We can expect our share in the market to grow", VIG CEO Peter HAGEN said, quoted by THE WARSAW VOICE.

STATISTICS: POLAND FY2014: decreasing trend continued both in business volume and aggregated net profit terms

The Polish insurance market preserved in 2014 the downward trend established in the previous year, with GWP recording a 5% decrease (in local currency) of the overall GWP volume (7.65% in euro), to PLN 54.9 billion (EUR 12.89 billion). Life insurance segment continued to see substantial reduction in GWP, although to a less dramatic pace than one year ago (-8.3% in 2014; - 14.06% in 2013 in Polish zloty - PLN).

German insurance company to enter POLAND

HanseMerkur, Germany's travel insurance company has been preparing itself to enter the Polish market, Puls Biznesu daily reported. The firm has already employed a Polish manager responsible for the expansion, who specializes in tourism. HanseMerkur has been looking into the Polish market for years.

POLISH insurer PZU sees return on equity at 20 pct in 2020

Eastern Europe's biggest insurer PZU has forecast its return on equity (RoE) reaching 20 percent in 2020 and sees itself as one of the three biggest firms in central and eastern Europe in terms of gross written premiums, Polish state-owned press agency PAP said on Tuesday.

The Czech credit insurer KUPEG enters Poland

KUPEG, a leader on the Czech market for commercial credit insurance, has opened an office in Warsaw - the capital of Poland. According to the press release published by the company, the Polish office will offer a portfolio of services which includes insurance against the risk of non-payment of receivables from both domestic and foreign customers, as well as enforcement of insured receivables.

STATISTICS: POLAND 3Q2014: sharp decrease in the non-life segment profitability

Total value of gross premiums written by the Polish insurers in the first three quarters of 2014 amounted to PLN 40.8 billion, recording a 5.77% decrease y-o-y. Claims paid amounted to PLN 25.2 billion, about 10.1% less than a year earlier. The aggregated net profit amounted to PLN 2.65 billion on the life insurance side, up 14% y-o-y, and PLN 3 billion for the non-life insurance business (49% down y-o-y). According to a PIU (Polish Chamber of Insurers) release, this difference has to do primarily with the amount of dividends within the largest Polish insurance group.

POLISH Posts's life insurance firm approved

The Financial Supervision Authority has issued a permit for the launch of activity by Pocztowe Towarzystwo Ubezpieczen na Zycie, the life insurance unit of Polish Post, the watchdog said in a statement on Wednesday. The subsidiary will start operating in January, Polish Post said. Artur Olech will be the company's chief executive.

POLISH insurer PZU gets watchdog approval for Lithuania takeover

Polish insurer PZU has received permission from Lithuania's competition watchdog to buy Lithuanian rival Lietuvos Draudimas AB, PZU said late on Thursday. Eastern Europe's top insurer, PZU agreed to spin off part of its Lithuanian business to assuage competition concerns. State-run PZU agreed to buy Lietuvos Draudimas as part of a 360-million-euro (USD 457 million) deal struck earlier this year.

POLAND's biggest bank PKO sees net profit growth despite rate cuts

Poland's biggest bank PKO BP PKO.WA is confident it can meet its target of increasing net profit in 2014, despite likely interest rate cuts that will cut into its margins, PKO Chief Executive Zbigniew Jagiello said on Thursday. Speaking at the Reuters Eastern Europe Investment Summit, Jagiello said the bank was less exposed to low rates than in the past because it now had a bigger share of short-term deposits on its books.