Reinsurance in Poland, Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-17 14:48:01
The Polish reinsurance segment recorded a stable compound annual growth rate (CAGR) of 7% during the review period (2008â2012). This growth was partly driven by the non-life insurance segment, which increased the share of written premium ceded to reinsurers.
Poland was adversely affected by flooding in 2010 which resulted in huge insurance claims, encouraging insurance companies, especially those in the non-life segment, to utilize reinsurance services to minimize their losses from future natural disasters. As a result, the written premium of the Polish reinsurance segment increased from PLN493 million in 2008 to PLN646.7 million in 2012.
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