In 1999, the Polish insurance market continued to be regarded by foreign financial institutions as very attractive. Foreign entities invested 399.5 million PLN in life insurance companies. At the end of December 1999, several new joint venture companies obtained Ministry of Finance licenses for operating in the Polish insurance sector. Poland is an under-subscribed insurance market. The average Pole spent USD 115 on insurance in 1998, with USD 40 spent on life insurance.
Poles spend more on non-life insurance than on life insurance.
In EU countries, these proportions are usually reversed. With a population of almost 40 million, a relatively low insurance subscription rate and a high rate of economic growth, the Polish insurance market offers tremendous opportunities for potential U.S. investors. Enter a company name or a portion of the name. Use quotes to group words together. Search Tips can be found here.