Finance Insurance
20:03 16 July 2019
Post by: WBJ

PIU: value of bancassurance premium drops in Q1 2019

PIU: value of bancassurance premium drops in Q1 2019
source: Pixnio

The value of gross written premiums obtained by insurers in the bancassurance channel amounted to PLN 1.7 billion in the first quarter of 2019, compared to PLN 2.1 billion a year earlier. The value accounted for 10.4 percent of the total value of premiums, compared with 13.1 percent a year earlier, according to the Polish Chamber of Insurance (PIU).

The value of premiums obtained in the bancassurance channel in Section 1 amounted to PLN 1.2 billion, while in Section II it amounted to PLN 497 million, according to data updated on July 16, 2019, PIU announced.
(ISBnews)

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