Research and Markets: Insurance Market in Poland 2011-2013

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/a94fc7/insurance_market_i) has announced the addition of the "Insurance Market in Poland 2011-2013 - CEE Insurance Series" report to their offering.

“Insurance Market in Poland 2011-2013 - CEE Insurance Series”

Insurance Market in Poland 2011-2013 is the latest full update of comprehensive publication on the insurance sector in Poland. It is describing the present market structure and recent trends in the insurance market. It also provides short term estimates of insurance premium for the years 2011-2013.

If compared to the previous -2010- edition, it has been fully revised and upgraded with few new analyses. When preparing this report we have responded to the feedback received form our customers and have incorporated several improvements making this new issue even more client-friendly and informative.

Insurers operating in Poland recorded a moderate premium growth of 5.5% in 2010. This was the effect of solid increases in non-life premiums (+ 8% YoY) and much slower growth in life premiums (+3.8% YoY).

The strength of the non-life segment can be attributed to higher prices (growth in average insurance premiums) and a higher number of policies sold. In the non-life segment, premiums increased most rapidly in natural disaster, fire, and property loss insurance policies. In the life insurance segment, a strong recovery in unit-linked products could be observed while the collection of plain life insurance, including bank deposit substitutes, and accident insurance continued to contract.

Considering the whole region, Poland strengthened its position as the largest insurance market in the CEE15*, increasing its share in terms of total premiums from 39% in 2009 to 41% in 2010.

In the mid-term perspective, insurers operating in Poland will face multiple challenges: the trend of increasing claims is likely to persist, accelerating inflation may put additional pressure on operating costs, and the volatile equity markets may negatively affect investment profits.

On the other hand, the recently observed growth in new premiums driven by higher prices is likely to improve the financial condition of the sector.

Intelace Research expects the insurance sector to experience solid premium growth through 2013. The dynamics of the non-life segment are likely to be slightly higher than that of the life business due to growing policy prices and thanks to new products coming to the market (e.g., health insurance).

In the life insurance segment, the ongoing pension reform will create additional opportunities for long-term pension and saving products.

Key Topics Covered:

Executive summary

1. Macroeconomic overview 2. Insurance market

3. Non-life insurance

4. Life insurance

5. Bancassurance & alternative sales channels

6. Top players profiles

7. Forecast

Companies Mentioned:

To view the full list of companies and to purchase this extensive report, click the link below:

http://www.researchandmarkets.com/research/a94fc7/insurance_market_i