Poland Insurance Q4 2019
In global terms, Poland ranks as a medium-sized and fairly rapidly growing insurance market. Premiums in the lifesegment should sustain double-digit growth rates for much of the forecast period. This is partly thanks to demographics, partlythanks to the rise in the number of households that understand and can afford life insurance and partly thanks to initiatives of thelife insurers. Global/regional life insurance groups have a strong position in the life segment, and changes to the pension systemshould provide opportunities for subsidiaries of leading life insurance companies. In the non-life segment, a favourable economicenvironment should underpin solid mid-single-digit growth in premiums throughout the forecast period. Thanks to demographicfactors and healthcare cost inflation, the health insurance sub-sector should expand more rapidly than the non-life segment as awhole.
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