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According T. Oleksyn opinion, it is authorized to say that the competency management is the principal determinant of life insurance companies development.
5. The futurę perspectives of life insurance companies development - conclusions
This was the legał interdiction for operating activity through foreign life insurance companies in Poland till the year 1990 - that is probably the reason of PZU Życie S.A. superiority. The data analysis from 1991-2004 as well as the results of conducted research, implies the conclusion that the loss of 85% shares of life insurances market in considered period by PZU Życie S. A. on behalf of Nationale Netherlanden, Commercial Union and AmplicoLife, seems to be the derivative of lack of competencies both institution and the agents and disadvantegouos foresight37 for its futurę development. On territory of Lithuania, where the operating activity of PZU Życie S. A. is not the subject of the govemment protection, CU gained 17% of life insurances market shares for five years and the dependent company from PZU Życie S.A. - 4%.
Scc E, Okoń - Horodyńska, Foresight w rozwoju regionalnym, in: A. Barcik. R. Barcik (eds.). Rozwój lokalny i regionalny po wejściu Polski do Unii Europejskiej. Wydawnictwo A TH Bielsko-Biała. 2006, vol. 1, p. 44-67
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