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

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Poland 1H2024 Insurance Companies Rankings

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Poland 1H2024 Market Portfolio


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Latest news




Polish WDB and Brokers Union merge under the PIB Broker brand

The Polish brokerage companies WDB and Brokers Union, which merge and further operate under the PIB Broker brand. The new entity is part of the international team of PIB Group, one of the largest insurance intermediation groups in Europe, operating in 9 countries, generating revenues in excess of GBP 350 million from specialist insurance, Gazeta Ubezpieczeniowa wrote.

POLAND: Car Insurance Day on 1st of February

According to PIU data, at the end of Q3 2023, the number of active mandatory MTPL policies exceeded 27.7 million in Poland, while the number of settled claims reached 826 thousand, with an average claim amount of about PLN 9.5 thousand.



STATISTICS: Polish insurers' 3Q 2023 business expanded to EUR 12.5 billion

The largest CEE insurance market posted aggregate 3Q2023 GWP worth PLN 57.7 billion (EUR 12.5 billion), up by 9.4% y-o-y according to the quarterly statistics published by Polish KNF (Financial Supervision Authority). At the same time, claims and benefits paid by local insurers decreased by ~1.6% y-o-y to PLN 33 billion or EUR 7.1 billion.







POLAND: VIG to merge its Polish companies

Vienna Insurance Group is consolidating its operations on the Polish market, which means that instead of the current six insurance companies, only three will operate. The aim is to make greater use of the Polish market potential as one of the key markets for the group, and to strengthen competitive position, Gazeta Ubezpieczeniowa wrote.


POLAND: TUW PZUW already has over 600 members

TUW PZUW (Polski Zakład Ubezpieczen Wzajemnych), the largest mutual insurance company in Poland, has exceeded 600 members, which means this number doubled in less than four years. TUW PZUW has a 34% market share and is the only insurance company with an international rating (A-), Gazeta Ubezpieczeniowa reports.


Leading Polish motor insurer WARTA launches Safe Driving Program in Poland with CMT

WARTA, a leading motor insurer in Poland, and Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, announced Warta4U, a connected insurance program that offers safe driving discounts. The program will begin by focusing on young drivers, providing them feedback on risk factors like speed, acceleration, braking, cornering, and phone distraction while driving.