Impact of the COVID-19 pandemic on the operations of Polish insurance companies in section II

The impact of the pandemic on the economy is undeniable, most business entities have recorded losses, How did insurance companies in Poland present themselves against this background? Are the results achieved in the pre-pandemic period significantly different from those achieved during the pandemic? What is their financial condition? This article attempts to answer this question. The source of empirical information was data made available by the supervisory authority, and the analysis concerned non-life insurance companies (section II). The study provided a rather surprising conclusion - the average values of profitability, and claims ratios did not differ significantly between the periods 2018-2019, 2020-2021 i 2022-2023. It allows concluding that the COVID-19 pandemic had a quite insignificant impact on the situation of the insurers analyzed.

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Publication Details

Journal
SHILAP Revista de lepidopterología
Published
2025-12-01
DOI
https://doi.org/10.19192/wsfip.sj4.2025.2
Primary Topic
Insurance and Financial Risk Management
Type
article
Field-Weighted Citation Impact
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article

Impact of the COVID-19 pandemic on the operations of Polish insurance companies in section II

Krzysztof Jonas, Pilch Bartłomiej
SHILAP Revista de lepidopterología
Insurance and Financial Risk Management
article

Impact of the COVID-19 pandemic on the operations of Polish insurance companies in section II

Krzysztof Jonas, Pilch Bartłomiej
article en

Abstract

The impact of the pandemic on the economy is undeniable, most business entities have recorded losses, How did insurance companies in Poland present themselves against this background? Are the results achieved in the pre-pandemic period significantly different from those achieved during the pandemic? What is their financial condition? This article attempts to answer this question. The source of empirical information was data made available by the supervisory authority, and the analysis concerned non-life insurance companies (section II). The study provided a rather surprising conclusion - the average values of profitability, and claims ratios did not differ significantly between the periods 2018-2019, 2020-2021 i 2022-2023. It allows concluding that the COVID-19 pandemic had a quite insignificant impact on the situation of the insurers analyzed.

SHILAP Revista de lepidopterología
Krakow University of Economics (PL)
Openalex Percentile: Top 14%
Insurance and Financial Risk Management
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