Polish bancassurance market after Q4 2023

The gross premium written in the bancassurance channel is PLN 5.97 billion, which corresponds to a year-on-year growth rate of 105.3%.

In Section I:

  • Premiums written amount to PLN 3.6 billion, which corresponds to a year-on-year growth rate of 105.9%
  • Share of bancassurance premiums in Section I is 15.9% (no change compared to Q4 2022)
  • Premiums written from investment products amount to 1.2 billion (growth rate of 104.7%)
  • Premiums written from protection products amount to 2.4 billion (growth rate of 106.5%)

 

In Section II:

  • Gross premium written amounts to PLN 2.3 billion, which corresponds to a year-on-year growth rate of 104.3%
  • Share of bancassurance premiums in Section II is 4.2% (down by 0.2 pp compared to Q4 2022)
  • At the end of Q4 2023, the number of insurance policies is 22.3 million