In June 2017 Narodowy Bank Polski (the Polish Central Bank) published a “Financial Stability Report”. The report assessed financial system stability in Poland.
The report stated that insurance companies offer traditional insurance services and do not generate liquidity risk. Insurance companies in Poland do not offer a wide range of products with a guaranteed rate of return, which are a vulnerable area in the environment of low interest rates. The profitability of insurance undertakings has declined; however, the insurance sector is characterised by high capital adequacy ratios, which ensures the continuity of the provision of services.
