PIU: Polish bancassurance market in II quarter 2018
PIU has published a report describing the bancassurance market in Poland after Q2 2018.
The value of gross written premium obtained in the bancassurance channel by insurers amounted to PLN 4.1 billion in the first and second quarter of this year (PLN 5.1 billion a year earlier and accounted for 12.9% of total premiums, compared to 16.3% in Q1-Q2 2017).
The value of gross premiums written in the bancassurance channel in life insurance amounted to PLN 3.2 billion at the end of the second quarter of this year. (PLN 11.1 billion of total written premium, which accounted for 28.5%). In 2017 the premium from bancasurance amounted to PLN 4.3 billion, which accounted for 35.2% of the total premium, which amounted to PLN 12.2 billion.