Monday 11 February 2008

EUROPEAN INSURANCE MARKET

EUROPE: FEBRUARY 2008 - Central and eastern European insurance markets display strong growth from low base.

Ken PwC recently published the results of a follow-up survey on the insurance market in the accession nations of central and eastern Europe (CEE). They published the original survey at the end of 2004.

Based on 2005 figures, the latest available at the time of compilation, the key finding was that insurance penetration, measured by premia paid as a percentage of GDP, in the 10 CEE countries averaged 3.26% whereas the figure for the 15 original EU members was 8.64%.

However the....more

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