New Market Study, "Non-Life Insurance in Hungary, Key Trends and Opportunities to 2017", Has Been Published
In terms of gross written premium, the Hungarian insurance industry is the third-largest in the Central and Eastern European (CEE) region after Poland and the Czech Republic. The country's insurance industry registered a CAGR of -1.6% during the review period (2008-2012), and was adversely affected by subdued economic conditions. The decline was mainly led by the non-life insurance segment, which registered a CAGR of -3.0%. This contraction was primarily due to a decline in new vehicle sales, increased claims due...
View full press release