The amount of paid claims/indemnities during the period was PLN 39.65 billion (~EUR 8.59 billion), representing a decrease of almost 3% y-o-y.
The non-life insurance segment accounted for PLN 42.67 billion of the total GWP or 0.26% more y-o-y, while life-insurance companies contributed with the remaining PLN 20.74 billion, which was more than half a million PLN less as compared with year-end 2019 - due the 14.0% decrease in GWP reported by Unit-linked products.
The local insurer PZU Zyce was the largest life insurer (42.19% market share), followed by AVIVA TUnZ (9.53% market share), and NN (7.95%). PZU was the biggest non-life insurer - market share of 29.38%, followed by ERGO HESTIA at 15.29% and WARTA, 14.64%.
Access xprimm.com and download the latest Polish insurance market statistics.