Poland Insurance Market Outlook to 2015
Executive Summary
The Report titled “Poland Insurance Market Outlook to 2015” provides an in-depth analysis of the Poland insurance industry. The report covers specific insights on the market size, insurance density, insurance penetration, segmentation and future outlook of the insurance industry in Poland. The report contains information on the market size of life, non-life, health, motor and property insurance and competitive landscape of life and non-life insurance. Overall, the report offers a comprehensive analysis of the entire Poland insurance industry.
In the forecasted period from 2009 to 2015, the gross life insurance premium is expected to increase at a CAGR of 7.1%. The value would increase from USD 8,289 million in 2009 to USD ~ million in 2015. Non-life insurance premium is also expected to increase from USD 7,997 million in 2009 to USD ~ million by 2015 at a CAGR of 8.0%. Total gross premium written is also likely to increase from USD 16,286 million in 2009 to USD ~ million in 2015. The growth rate expected to achieve during this period is 7.5%
In the future, life penetration is expected to increase and register a CAGR of 5.1% from 2009-2015. The penetration is likely to increase from 0.25% in 2009 to ~% in 2015. A growth of 6.0% is expected in case of non-life insurance penetration. The penetration is likely to increase from 0.24% in 2009 to ~% in 2015. Total penetration is also likely to increase from 0.49% in 2009 to ~% in 2015, at a growth of 5.6%.
Life insurance is the major sector having the share of ~% of the total insurance market in Poland in 2009. Motor insurance holds ~% of the total insurance market followed by property insurance with a share of ~%. With a meager share of ~% of the total market, health insurance is another sector contributing to insurance industry. Other non-life insurance also holds ~% of the total market.
Health insurance registered a higher growth rate in insurance during the historical period. The health premium increased from USD 36 million in 2001 to USD 106 million in 2009, registering a double digit growth of 14.6% during the period.
In case of life insurance, PZU Zycie with a share of ~% is by far the biggest player operating in the Poland life insurance industry. TUNZ Europa with a share of ~% is the second largest player, followed closely by TUNZ Warta with ~% of the market share. ING TUNZ is another major player operating in the region with a share of ~%. The fifth largest player in the region is TU Allianz Zycie Polska with a share of ~%. Other prominent players operating in the region areAviva TUNZ, PAPTUnZiR Amplico Life, Nordea Polska TU na Zycie, Generali Zycie TU and Uuniqa TU na Zycie.
Bancassurance was the largest and the most preferred distribution channel preferred by life insurance companies. Bancassurance dominated the distribution network with a share of ~%. On the other hand, agents controlled the non-life insurance market with dominated market with ~% market share.
Scope of Research
The report entails thorough analysis and offers valuable insights on the insurance industry in Poland. The scope of the report includes:
The Report titled “Poland Insurance Market Outlook to 2015” provides an in-depth analysis of the Poland insurance industry. The report covers specific insights on the market size, insurance density, insurance penetration, segmentation and future outlook of the insurance industry in Poland. The report contains information on the market size of life, non-life, health, motor and property insurance and competitive landscape of life and non-life insurance. Overall, the report offers a comprehensive analysis of the entire Poland insurance industry.
In the forecasted period from 2009 to 2015, the gross life insurance premium is expected to increase at a CAGR of 7.1%. The value would increase from USD 8,289 million in 2009 to USD ~ million in 2015. Non-life insurance premium is also expected to increase from USD 7,997 million in 2009 to USD ~ million by 2015 at a CAGR of 8.0%. Total gross premium written is also likely to increase from USD 16,286 million in 2009 to USD ~ million in 2015. The growth rate expected to achieve during this period is 7.5%
In the future, life penetration is expected to increase and register a CAGR of 5.1% from 2009-2015. The penetration is likely to increase from 0.25% in 2009 to ~% in 2015. A growth of 6.0% is expected in case of non-life insurance penetration. The penetration is likely to increase from 0.24% in 2009 to ~% in 2015. Total penetration is also likely to increase from 0.49% in 2009 to ~% in 2015, at a growth of 5.6%.
Life insurance is the major sector having the share of ~% of the total insurance market in Poland in 2009. Motor insurance holds ~% of the total insurance market followed by property insurance with a share of ~%. With a meager share of ~% of the total market, health insurance is another sector contributing to insurance industry. Other non-life insurance also holds ~% of the total market.
Health insurance registered a higher growth rate in insurance during the historical period. The health premium increased from USD 36 million in 2001 to USD 106 million in 2009, registering a double digit growth of 14.6% during the period.
In case of life insurance, PZU Zycie with a share of ~% is by far the biggest player operating in the Poland life insurance industry. TUNZ Europa with a share of ~% is the second largest player, followed closely by TUNZ Warta with ~% of the market share. ING TUNZ is another major player operating in the region with a share of ~%. The fifth largest player in the region is TU Allianz Zycie Polska with a share of ~%. Other prominent players operating in the region areAviva TUNZ, PAPTUnZiR Amplico Life, Nordea Polska TU na Zycie, Generali Zycie TU and Uuniqa TU na Zycie.
Bancassurance was the largest and the most preferred distribution channel preferred by life insurance companies. Bancassurance dominated the distribution network with a share of ~%. On the other hand, agents controlled the non-life insurance market with dominated market with ~% market share.
Scope of Research
The report entails thorough analysis and offers valuable insights on the insurance industry in Poland. The scope of the report includes:
- The market size of life and non-life insurance industry in terms of gross insurance premium written in Poland, 2001 to 2015
- Life and Non-life insurance density in USD for Poland, 2001 to 2015
- Life and Non-life insurance penetration, premium as a percentage of GDP for the country, 2001 to 2015
- Market segmentation on the basis of Product in Poland, 2009 and 2015
- Market size of motor, health, fire and marine insurance on the basis of gross insurance premium written, 2001-2015
- Competitive Landscape of the major life insurers and non-life insurers in Poland on the basis of gross premium written
- Valuable Insights and Future Outlook of the insurance industry in Poland.
1. POLAND INSURANCE MARKET INTRODUCTION
2. POLAND INSURANCE MARKET STRUCTURE
2.1. Number of Insurance Companies in Poland, 2001-2009
2.2. Headcount in Poland Insurance Sector, 2001-2009
3. POLAND LIFE AND NON-LIFE INSURANCE MARKET SIZE BY VALUE, 2001-2015
4. POLAND LIFE AND NON-LIFE INSURANCE DENSITY, PREMIUM PER CAPITA, USD, 2001-2015
5. POLAND LIFE AND NON-LIFE INSURANCE PENETRATION, PREMIUM AS A % OF GDP, 2001-2015
6. POLAND INSURANCE MARKET SEGMENTATION BY PRODUCT, 2009 AND 2015
6.1. Poland Motor Insurance Market Size by Value, 2001-2015
6.2. Poland Health Insurance Market Size by Value, 2001-2015
6.3. Poland Property Insurance Market Size by Value, 2001-2015
7. POLAND INSURANCE COMPETITIVE LANDSCAPE
7.1. Poland Life Insurance Competitive Landscape, 2009
7.2. Poland Non-Life Insurance Competitive Landscape, 2009
8. POLAND LIFE AND NON-LIFE INSURERS’ INVESTMENT PORTFOLIO, USD MILLION, 2001-2009
9. POLAND INSURANCE PREMIUM SEGMENTATION ON THE BASIS OF DISTRIBUTION CHANNEL, 2009
9.1. Poland Group and Individual Life Insurance Premium Segmentation on the Basis of Distribution Channel, 2009
9.2. Poland Non-Life Insurance Premium Segmentation on the Basis of Distribution Channel, 2009
10. POLAND INSURANCE MARKET FUTURE OUTLOOK
11. APPENDIX
11.1. Market Definition
11.2. Abbreviations
11.3. Disclaimer
2. POLAND INSURANCE MARKET STRUCTURE
2.1. Number of Insurance Companies in Poland, 2001-2009
2.2. Headcount in Poland Insurance Sector, 2001-2009
3. POLAND LIFE AND NON-LIFE INSURANCE MARKET SIZE BY VALUE, 2001-2015
4. POLAND LIFE AND NON-LIFE INSURANCE DENSITY, PREMIUM PER CAPITA, USD, 2001-2015
5. POLAND LIFE AND NON-LIFE INSURANCE PENETRATION, PREMIUM AS A % OF GDP, 2001-2015
6. POLAND INSURANCE MARKET SEGMENTATION BY PRODUCT, 2009 AND 2015
6.1. Poland Motor Insurance Market Size by Value, 2001-2015
6.2. Poland Health Insurance Market Size by Value, 2001-2015
6.3. Poland Property Insurance Market Size by Value, 2001-2015
7. POLAND INSURANCE COMPETITIVE LANDSCAPE
7.1. Poland Life Insurance Competitive Landscape, 2009
7.2. Poland Non-Life Insurance Competitive Landscape, 2009
8. POLAND LIFE AND NON-LIFE INSURERS’ INVESTMENT PORTFOLIO, USD MILLION, 2001-2009
9. POLAND INSURANCE PREMIUM SEGMENTATION ON THE BASIS OF DISTRIBUTION CHANNEL, 2009
9.1. Poland Group and Individual Life Insurance Premium Segmentation on the Basis of Distribution Channel, 2009
9.2. Poland Non-Life Insurance Premium Segmentation on the Basis of Distribution Channel, 2009
10. POLAND INSURANCE MARKET FUTURE OUTLOOK
11. APPENDIX
11.1. Market Definition
11.2. Abbreviations
11.3. Disclaimer
LIST OF FIGURES
Figure 1: The Total Number of Insurance Companies in Poland, 2001-2009
Figure 2: The Total Number of Employees in the Insurance Sector in Poland, 2001-2009
Figure 3: Poland Market Size by Value of Life and Non-Life Insurance Market in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 4: Poland Life and Non Life Insurance Density, Premium per Capita, in USD, 2001-2015
Figure 5: Poland Life and Non Life Insurance Penetration, Premium as a Percentage of GDP, 2001-2015
Figure 6: Poland Insurance Market Segmentation by Product in Percentage on the basis of Gross Insurance Premium Written, 2009
Figure 7: Poland Insurance Market Segmentation by Product in Percentage on the basis of Gross Insurance Premium Written, 2015
Figure 8: Poland Motor Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 9: Poland Health Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 10: Poland Property Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 11: Poland Market Share of Major Life Insurers on the basis of Gross Insurance Premium Written, in Percentage, 2009
Figure 12: Poland Market Share of Major Non-Life Insurers on the basis of Gross Insurance Premium Written, in Percentage, 2009
Figure 13: Poland Life and Non-Life Insurers’ Investment Portfolio, in USD Million, 2001-2009
Figure 14: Poland Group and Individual Life Insurance Premium Segmentation on the Basis of Distribution Channel, in Percentage, 2009
Figure 15: Poland Non-Life Insurance Premium Segmentation on the Basis of Distribution Channel, in Percentage, 2009
Figure 1: The Total Number of Insurance Companies in Poland, 2001-2009
Figure 2: The Total Number of Employees in the Insurance Sector in Poland, 2001-2009
Figure 3: Poland Market Size by Value of Life and Non-Life Insurance Market in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 4: Poland Life and Non Life Insurance Density, Premium per Capita, in USD, 2001-2015
Figure 5: Poland Life and Non Life Insurance Penetration, Premium as a Percentage of GDP, 2001-2015
Figure 6: Poland Insurance Market Segmentation by Product in Percentage on the basis of Gross Insurance Premium Written, 2009
Figure 7: Poland Insurance Market Segmentation by Product in Percentage on the basis of Gross Insurance Premium Written, 2015
Figure 8: Poland Motor Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 9: Poland Health Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 10: Poland Property Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Figure 11: Poland Market Share of Major Life Insurers on the basis of Gross Insurance Premium Written, in Percentage, 2009
Figure 12: Poland Market Share of Major Non-Life Insurers on the basis of Gross Insurance Premium Written, in Percentage, 2009
Figure 13: Poland Life and Non-Life Insurers’ Investment Portfolio, in USD Million, 2001-2009
Figure 14: Poland Group and Individual Life Insurance Premium Segmentation on the Basis of Distribution Channel, in Percentage, 2009
Figure 15: Poland Non-Life Insurance Premium Segmentation on the Basis of Distribution Channel, in Percentage, 2009
LIST OF TABLES
Table 1: The Total Number of Insurance Companies in Poland, 2001-2009
Table 2: The Total Number of Employees in the Insurance Sector in Poland, 2001-2009
Table 3: Poland Market Size by Value of Life and Non-Life Insurance Market in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 4: Poland Life and Non Life Insurance Density, Premium per Capita, in USD, 2001-2015
Table 5: Poland Life and Non Life Insurance Penetration, Premium as a Percentage of GDP, 2001-2015
Table 6: Poland Motor Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 7: Poland Health Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 8: Poland Property Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 9: Poland Market Share of Major Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009
Table 10: Poland Market Share of Major Non-Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009
Table 11: Poland Life and Non-Life Insurers’ Investment Portfolio, in USD Million, 2001-2009
Table 1: The Total Number of Insurance Companies in Poland, 2001-2009
Table 2: The Total Number of Employees in the Insurance Sector in Poland, 2001-2009
Table 3: Poland Market Size by Value of Life and Non-Life Insurance Market in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 4: Poland Life and Non Life Insurance Density, Premium per Capita, in USD, 2001-2015
Table 5: Poland Life and Non Life Insurance Penetration, Premium as a Percentage of GDP, 2001-2015
Table 6: Poland Motor Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 7: Poland Health Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 8: Poland Property Insurance Market Size in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015
Table 9: Poland Market Share of Major Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009
Table 10: Poland Market Share of Major Non-Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009
Table 11: Poland Life and Non-Life Insurers’ Investment Portfolio, in USD Million, 2001-2009
