Except for five markets (Romania, Slovakia, Slovenia, Lithuania and Kosovo), all markets recorded a negative trend. The largest drop in GWP was recorded by Poland (-8.3% y-o-y), accounting for 75% of the total decrease of the premium volume in the region. Yet, overall, the negative trend was less dramatic than expected in the beginning of the crisis. The report presents in detail the insurance markets' evolution throughout the most challenging year in their history.
Besides the regional and country statistical information and analysis, the report's summary also contains interviews and articles provided by reputed contributors:
- 4 lessons from Prof. Karel van HULLE - an article reuniting Prof. van Hulle's opinions on the Solvency II review process, the insurance industry's performance during the first year of pandemics, insurers' role and contribution to mitigating climate change impact and his personal conclusions after a successful lifetime career
- From Risk Transfer to Risk Prevention: How the Internet of Things is Reshaping Business Models in Insurance - an article signed by Isabelle FLUCKIGER, Program Director New Technologies and Data, The Geneva Association and Matteo CARBONE, Founder and Director, IoT Insurance Observatory
- The human vs machine challenge with modern vehicles - article signed by Luigi Di Lillo, Lead Products & Partnerships, Swiss Re and Damir Plejic, Automotive & Mobility Consultant, Movingdots
- Jan Grzegorz PRADZYNSKI, Polish Chamber of Insurance
- Cristian ROSU, Romanian ASF
- Andrei UNTON, Belarus Re
- Irina MERZLIAKOVA, Belarusian Association of Insurers
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