As a first mover, we braved the initial step into the Central and Eastern European insurance markets 20 years ago and gained access to an economic region which has subsequently developed in a remarkable manner.
Insurance markets in Central and Eastern Europe will be offering significant opportunities for growth in the future as well. The underlying business potential of the CEE region is primarily based on two factors:
- Insurance density (per capita premium payments) in Central and Eastern Europe is considerably below the Western European level.
- Growth rates of insurance markets in Central and Eastern Europe are significantly higher than those in Western Europe.