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 1H2022 Market Portfolio P I U

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Poland 1Q2022 Insurance Companies Rankings


See all statistics

Latest news



Anna Wlodarczyk-Moczkowska at the head of Compensa in Poland

Vienna Insurance Group (VIG) appointed Anna Wlodarczyk-Moczkowska, ex-Wiener TU's CEO, as president of the management board of both Compensa insurance companies in Poland, replacing Artur Borowinski, who resigned on September 12, the Polish magazine Gazeta Ubezpieczeniowa reports.








POLAND: Social costs of road traffic accidents fell by a third

According to the latest data compiled by the National Road Safety Council operating at the Ministry of Infrastructure, costs of all traffic accidents in Poland in 2021 amounted to PLN 39.3 billion (~EUR 8.56 billion*). The social costs of accidents in the country decreased by 31%, to PLN 17.3 billion compared to 2018, when it reached PLN 56.6 billion, Gazeta Ubezpieczeniowa reports.

STATISTICS: POLAND 1Q2022: GWP worth ~EUR 4 billion vs. paid claims of EUR 2.5 billion

Polish insurance market reported Q1 2022 aggregate GWP worth PLN 18.14 billion (EUR 3.9 billion), 2.89% more 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 increased by 12.82% y-o-y to PLN 11.53 billion (~EUR 2.5 billion) from PLN 10.24 billion a year before.


Poland: lower incidence of motor insurance claims in the 1st quarter of 2022

In the first quarter of 2022, insurers paid a total of PLN 3.54 billion (approx.: EUR 0.77 billion) in claims from motor policies. Out the total, paid claims for MTPL insurance accounted for 57.6%, the Polish Chamber of Insurance said quoting data from the Information Centre of the Insurance Guarantee Fund.


NN Group completes the acquisition of MetLife's businesses in Poland and Greece

On 22nd April, NN Group announced the completion of the acquisition of MetLife's businesses in Poland, following the approval obtained by the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego, KNF) on 14 April 2022. NN Group completed the acquisition of MetLife's businesses in Greece on 31 January 2022.