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Life Insurance In Poland, Key Opportunities and Growth Drivers To 2019

Press release   •   Apr 25, 2016 09:31 EDT

Description

Life Insurance in Poland, Key Trends and Opportunities to 2019

Synopsis

Timetrics 'Life Insurance in Poland, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Polish life insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (20102014) and forecast period (20142019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Polish economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetrics ' Life Insurance in Poland, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Polish life insurance segment, including:

The Polish life insurance segments growth prospects by life insurance category

Key trends, drivers and challenges for the life insurance segment

A comprehensive overview of the Polish economy and demographics

The various distribution channels in the Polish life insurance segment

Details of the competitive landscape in the life insurance segment in Poland

Details of regulatory policy applicable to the Polish insurance industry

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Scope

This report provides a comprehensive analysis of the life insurance segment in Poland:

It provides historical values for the Polish life insurance segment for the reports 20102014 review period, and projected figures for the 20142019 forecast period.

It offers a detailed analysis of the key categories in the Polish life insurance segment, and market forecasts to 2019.

It analyzes the various distribution channels for life insurance products in Poland.

It profiles the top life insurance companies in Poland and outlines the key regulations affecting them.

Reasons To Buy

Make strategic business decisions using in-depth historic and forecast market data related to the Polish life insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Polish life insurance segment.

Assess the competitive dynamics in the life insurance segment.

Identify growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the Polish insurance industry, and their impact on companies and the industry's future.

Key Highlights

Life insurance is the largest segment in the industry, accounting for 50.9% of the direct written premium in 2014.

Average policy prices fell by around 17% in 2013, and 12% in 2014.

Sales of life products were also affected by low interest rates and poor returns from the capital market.

Polands aging population drove the life segment during the review period, a trend that is expected to continue over the forecast period.

The Polish life segment recorded a review-period CAGR of -2.5%, and is expected to record a forecast-period CAGR of 2.7%.

New tax regulations on interest earned on savings products also adversely affected insurance sales, as did falling bancassurance sales of single-premium endowment products, due to stringent banking regulations.