Over 30% more health insurances in Q1 y/y - report

The number of individual and group health insurances grew by 32 percent in the first quarter on a yearly basis, a report by the Polish Insurance Association (PIU) showed. Individual clients purchased 197,000 insurances, which translated to a 320 percent increase y/y. The number of group insurances totaled 1 million, thus it grew by nearly 19 percent. PIU also estimated that, the value of retail insurance premiums amounted to PLN 16.9 million (an increase of 10 percent) and stood at PLN 97.6 million (an increase of 18 percent) when it comes to group insurance premiums.