STATISTICS: CEE 3Q2015: Czech and Polish markets account for over 70% of the regional GTPL business

GTPL insurance accounted for 4.4% of the CEE overall portfolio, a share fairly unchanged as compared with the line's weight 12 months before. In 3Q2015, GWP for this class went up by 5.3%, to EUR 1.06 billion, with most of the additional premium volume coming, in absolute terms, from the Czech market.

In fact, the Czech Republic is largest GTPL market in the CEE region, with GWP amounting to EUR 389.5 million in 3Q2015, 6.5% up y-o-y. Poland ranks second, with EUR 360 million. The two markets aggregated weight in the regional GTPL portfolio amounts to over 70%, making them the undisputed trend setters in the region.

Looking at the rest of the region, three markets are "fighting" for the 3rd rank, with GWP amounts of about EUR 50 - 55 million each: Hungary, the Slovak Rep. and Slovenia. Romania ranks 6th, with EUR 43.5 million (5% down y-o-y), followed by Croatia, with EUR 38.3 million (28% up y-o-y).

Overall claims for the GTPL insurance decreased by 0.6% y-o-y, to EUR 387 million.

Access www.xprimm.com and download the 3Q2015 CEE insurance market statistics:

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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