The Polish insurance market posted FY2022 GWP worth PLN 72.35 billion (EUR 15.42 billion), up by 4.53% 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 7.46% y-o-y to PLN 44.38 billion or EUR 9.46 billion.

Life GWP decreased by 2.64% y-o-y to PLN 21.54 billion (EUR 4.59 billion) mainly due to the 29% decrease reported by the life unit-linked policies, while the non-life insurance segment increased by 7.90% to PLN 50.81 billion (EUR 10.83 billion).

The largest insurer in the country was PZU which accounted for about 28.91% of non-life insurance segment (PLN 14.69 billion) and 40.13% of life sector (GWP worth PLN 8.64 billion).

Access xprimm.com and download the FY2022 Polish insurance market statistics.