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

STATISTICS: POLAND, 1Q2020: Insurance market grew 2.4% y-o-y

Insurance companies in Poland underwrote gross premiums of PLN 16.74 billion (EUR 3.68 million*) in the first three months of 2020, up 2.4% year-over-year, the country's Financial Supervisory Authority (KNF) said in a report.

POLAND: Strategic cooperation of GENERALI with 4Life Direct

GENERALI CEE Holding announced a strategic two-fold cooperation with 4Life Direct in Poland: "4Life Direct becomes the agent of GENERALI in Poland and further, the cooperation includes a proposal for holders of over eighty thousand Polish policies from the company's partner from Gibraltar - to come under the wings of the Venetian lion".

PZU implemented mObywat to authenticate users of mojePZU platform

PZU is the first company in Poland implementing in cooperation with the Ministry of Digital Affairs an innovative solution for authenticating the user of the mojePZU (myPZU) platform. As a result, the use of PZU products will become even faster and more convenient.


POLAND: Tomasz Borowski named president of Vienna Life

During the last meeting, the supervisory board of Vienna Life accepted the resignation of Pawel Ziemba, chairman of the board, and Witold Czechowski, a member of the board, from performing his current functions with effect as of September 30, 2020. Tomasz Borowski will be the new president of the board.


Maciej FEDYNA to become new President of the Management Board and CEO of GENERALI in Poland

GENERALI announced that Maciej FEDYNA was nominated new President of the Management Board and CEO of GENERALI Poland companies as of 1 July 2020. Maciej FEDYNA, former Chief Financial Officer of GENERALI Poland, will succeed Andrea SIMONCELLI who was appointed as new Chairman of the Supervisory Boards of GENERALI T.U. S.A., GENERALI Zycie T.U. S.A and GENERALI Finance Sp. z o.o.

POLAND: Number of accidents caused by Polish vehicles decreased after 6 years of consecutive growth

For the first time in the past 6 years, the number of accidents due to the guilt of Polish drivers on foreign roads has started to decrease. At the end of 2019, for 12 months ended, Polish motorists caused 73 thousand accidents, 3% less when compared to over 75 thousand events during 2018. Traditionally, most of the accidents caused by Polish drivers happened on the roads of Germany, France, Italy, Great Britain and the Netherlands. Drivers of vehicles with Polish license plates cause 200 events per day on foreign roads.






POLAND: Insurers respond to Financial Ombudsman's call for solutions in relation to COVID-19

In a letter issued on March 25th, PIU - the Polish Chamber of Insurance responded to the Financial Ombudsman's proposal of solutions aimed at supporting policyholders. In PIU's opinion, any hasty actions that directly affect the solvency of companies, in the event of a long and deep crisis, will harm the interests of victims and the stability of the insurance market.




PZU President Pawel SUROWKA has resigned

On March 12, 2020, PZU announced the resignation of Pawel SUROWKA, President of PZU Group. During his leadership, PZU Group's net profit doubled, ROE increased by 40%, while the premiums written went up 20%.


PZU launches aid for Poles in connection with the coronavirus threat

PZU joins the fight against coronavirus in Poland, by offering free access to medical advice for all citizens whether they are PZU clients or not. PZU Zdrowie, one of the largest private medical operators, will provide free help to those who are worried about their health in connection with the threat of coronavirus.


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