Tuesday 18 February 2014

Life Insurance in Poland, Key Trends and Opportunities to 2017, New Report Launched

Life Insurance in Poland, Key Trends and Opportunities to 2017

Poland is one of the fastest-growing economies in Central and Eastern Europe. The country’s life insurance segment registered a decrease in written premiums at a compound annual growth rate (CAGR) of -1.9% during the review period (2008–2012). This was primarily due to the global financial crisis in 2009 and the EU debt crisis in the following years. However, these events did not have a significant impact on the overall segment as it recovered after the global financial crisis, supported by the country’s stable economic development. Recovery was partly due to the growth of group insurance and unit-linked product sales. Over the forecast period, the life insurance segment is expected to benefit from the product innovations introduced by insurers, and changes in Poland’s social security and pension system which are likely to generate business for life insurance and savings products.

The report provides in depth market analysis, information and insights into the Polish life insurance segment, including:
  • The Polish life insurance segment’s growth prospects by life insurance categories
  • Key trends and drivers for the life insurance segment
  • The various distribution channels in the Polish life insurance segment
  • Detailed competitive landscape in the life insurance segment in Poland
  • Detailed regulatory framework of the Polish insurance industry
  • A description of the life reinsurance segment in Poland
  • Porter's Five Forces Analysis of the life insurance segment

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 report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in the Polish life insurance segment, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for life insurance products in Poland
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Poland for the life insurance business
  • It provides a detailed analysis of the reinsurance segment in Poland and its growth prospects
  • 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 within the Polish life insurance segment
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Polish insurance industry and its impact on companies and the market's future

Key Highlights
  • Polish life insurance segment registered a decrease in written premiums at a compound annual growth rate (CAGR) of -1.9% during the review period (2008–2012). This was primarily due to the global financial crisis in 2009 and the EU debt crisis in the following years
  • The underdeveloped customer base provides attractive business opportunities for domestic and foreign insurers operating in Poland
  • Cost-effective distribution channels to help product penetration
  • The growing dependent population generating demand for life insurance products
  • The Polish life insurance segment is regulated by the Polish Financial Supervisory Authority
  • The Polish life insurance segment is highly concentrated, with the 10 leading life insurance companies together accounting for 82.2% of the segment’s written premiums in 2012

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Spanning over 219 pages, 159 Tables and 177 Figures “Life Insurance in Poland, Key Trends and Opportunities to 2017” report provide Polish Insurance Industry Attractiveness, Life Insurance Outlook, Analysis by Distribution Channel, Porter’s Five Forces Analysis – Polish Life Insurance, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix And The Report Cover 10 Companies - PZU Życie SA, Benefia Tu na Życie SA, Open Life Tu Życie SA, Tunż Warta SA, Tu na Życie Europa SA, Aviva Tunż S, ING Tunż SA, Tu Allianz Życie Polska SA, Amplico Life SA, Nordea Polska Tu na Życie SA.

Find All Banking and Finance Reports at: http://www.marketresearchreports.com/banking-finance

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