Warsaw, Poland, June 18, 2011 --(PR.com
)-- In the mid-term perspective, insurers operating in Poland will face multiple challenges: the trend of increasing claims is likely to persist, accelerating inflation may put additional pressure on operating costs, and the volatile equity markets may negatively affect investment profits.
On the other hand, the recently observed growth in new premiums driven by higher prices is likely to improve the financial condition of the sector.
Intelace Research expects the insurance sector to experience solid premium growth through 2013. The dynamics of the non-life segment are likely to be slightly higher than that of the life business due to growing policy prices and thanks to new products coming to the market (e.g., health insurance).
In the life insurance segment, the ongoing pension reform will create additional opportunities for long-term pension and saving products.