PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


Insurance sector: net financial result down by 9.2% in 2011


The net financial result of the insurance sector amounted to just over PLN 6.13bn (approx. €1.5bn) in 2011, which translates into a decline of 9.2% compared with the year before, according to figures from the Financial Supervisory Commission (KNF).

Gross written premiums totaled PLN 57.1bn (€13.9bn) last year, up by 5.5% over 2010. Gross written premiums in the life insurance sector rose 1.4% to PLN 31.8bn (€7.7bn), whereas non-life insurers reported a 11.3% increase in gross premiums to PLN 25.3bn (€6.1bn).

At the end of December insurance companies operating in Poland had assets worth a total of PLN 146.1bn (€35.5bn), up 0.6% over a year earlier.

There were 29 life insurers operating in Poland at the end of 2011, of which 22 had majority foreign ownership. Of the 33 non-life insurers, 23 were foreign-owned.

Browse and search in our archive »

subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »

Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.