The non-life insurance segment accounted for PLN 11.1 billion (~EUR 2.59 billion*) of the total GWP (68% of total GWP), while the life-insurance companies contributed the remaining PLN 5.2 billion (~EUR 1.22 billion*), which was almost half a million euro less as compared with Q1 2018.
The local insurer PZU Zyce was the largest life insurer (39.57% market share), followed by AVIVA TUnZ (9.14% market share), and NN (7.10%).
PZU was the biggest non-life insurer in Poland with GWP of PLN 3,729 million (~EUR 867 million*), and a market share of 33.54%, followed by ERGO HESTIA at 14.51%, and WARTA, part of German insurer, TALANX at 13.34%.
Access www.xprimm.com and download the 1Q2019 Polish insurance market statistics.
Poland 1Q2019 Market portfolio (in EUR and PLN):
- Gross written premiums
- Paid claims
- Growth rates
- Life insurance ranking
- Non-life insurance ranking
* Figures were converted at the following exchange rates:
1 EUR = 4.3013 PLN (March 31st, 2019)
1 EUR = 4.2085 PLN (March 31st, 2018)