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Poland: PZU Surpasses Results in 3Q

Published: November 15, 2013; 17:13 · (Vindobona)

With results increasing by almost 65 percent on a quarterly basis, Poland’s biggest insurer has exceeded all expectations.

Poland: PZU Surpasses Results in 3Q / Picture: © PZU

With a net profit of PLN 1.09bn in the third quarter of this year, they were significantly above the PLN 950.5m expected. A significant increase in profitability was determined in the policy and claims business. Moreover the insurance company outdid expectations on total investment income amounting to PLN 889.3m compared to the expected PLN 650.1m. On a quarterly basis the results…

This article includes a total of 105 words.

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