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International

Overall premiums dip slightly but nonlife insurance sector sees growth

September 30, 2022 Reprints

Data from the Polish Chamber of Insurance said that local insurers’ aggregate gross written premium dropped by 0.5% year-on-year to almost €7.6 billion ($7.4 billion) in the first half of the year, mostly due to the more than 8% decline in life insurance premiums, Xprimm reported. Meanwhile, nonlife insurance premiums increased by more than 3% to €5.3 billion.

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Overall premiums dip slightly but nonlife insurance sector sees growth

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