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POLAND: Insurers respond to Financial Ombudsman's call for solutions in relation to COVID-19
In a letter issued on March 25th, PIU - the Polish Chamber of Insurance responded to the Financial Ombudsman's proposal of solutions aimed at supporting policyholders. In PIU's opinion, any hasty actions that directly affect the solvency of companies, in the event of a long and deep crisis, will harm the interests of victims and the stability of the insurance market.
2 April 2020STATISTICS: POLAND, FY2019: The largest CEE market reported positive rates and almost EUR 15 billion in aggregate GWP
The largest CEE insurance market reported positive dynamic in terms of premiums, according to the year-end figures from the Polish Financial Supervision Authority (KNF).
2 April 2020POLAND: KNF published a "stimulus package" to support the insurance industry
KNF - the Polish Financial Supervision Authority announced some measurers in order to support the local insurance industry in response to the crisis generaded by COVID-19.
30 March 2020PZU SA appoints two new members at Management Board
PZU SA announced in March 2020 the appointments of Beata KOZLOWSKA-CHYLA and Malgorzata KOT to the Management Board of the company.
13 March 2020PZU President Pawel SUROWKA has resigned
On March 12, 2020, PZU announced the resignation of Pawel SUROWKA, President of PZU Group. During his leadership, PZU Group's net profit doubled, ROE increased by 40%, while the premiums written went up 20%.
13 March 2020PZU Group, FY2019: best results since the its listing to the stock exchange
PZU Group achieved in 2019 the best results in its history on the stock exchange, the Polish group reported citing as main coordinates of its success the highest net profit, the highest sales and the largest employee involvement.
12 March 2020PZU launches aid for Poles in connection with the coronavirus threat
PZU joins the fight against coronavirus in Poland, by offering free access to medical advice for all citizens whether they are PZU clients or not. PZU Zdrowie, one of the largest private medical operators, will provide free help to those who are worried about their health in connection with the threat of coronavirus.
5 March 2020POLAND: Andrea SIMONCELLI became the Insurance Manager of the Year 2019
The President of the Management Board of GENERALI Polska companies Andrea SIMONCELLI was recognized by Gazeta Bankowa as the Insurance Manager of the Year. This title was awarded by the Competition Jury for successful acquisitions and consolidation of the insurance market in Poland, as the Italian insurer informed in a statement.
5 February 2020At PZU's initiative, 12 of the largest CEE enterprises signed the Business Council of Growing Europe founding memorandum
Representatives of the 12 largest and most dynamic enterprises in the CEE - among which the PZU and TRIGLAV Groups -, have signed in Davos a memorandum forming the Business Council of Growing Europe, an initiative that will promote CEE as an attractive destination for investors and to support cooperation between business leaders from the region.
23 January 2020Magdalena MACKO-GIZINSKA joins NN Poland management board
Polish subsidiary of NN announced the appointment of Magdalena MACKO-GIZINSKA as member of the board and Chief Customer Officer, starting January 2020.
20 January 2020Marek Niechciuk from February on the board of UFG
The Polish Insurance Guarantee Fund Council appointed Marek Niechcial as a member of the management board of UFG.
13 January 2020Dagmara WIECZOREK-BARTCZAK appointed Deputy Chairman of the Polish KNF
Dagmara WIECZOREK-BARTCZAK was appointed Deputy Chairman of the Polish Financial Supervision Authority, in charge with KNF Office for supervision over the insurance sector, starting December 2019.
10 January 2020STATISTICS: POLAND, 3Q2019: local insurers have paid EUR 1 million per hour in claims and benefits
Polish insurers have achieved GWP of PLN 47 billion (EUR 10.74 billion) in 3Q and paid PLN 30.7 billion to injured parties and clients - meaning, in average, about EUR 1 million per hour. Overall, GWP went up by 1.47% in local currency, while claims expenses decreased by 0.9%.
9 January 2020Roger HODGKISS promoted to Member of GENERALI Polska Management Board
On December 13, 2019, during the meeting of the Supervisory Board of Generali TU SA, Roger HODGKISS was appointed as Member of the Company's Management Board.
17 December 2019POLAND: BEDYNSKIEGO joins UFG's management board
The Council of Insurance Guarantee Fund (UFG) of Poland appointed Radoslawa BEDYNSKIEGO as member of the management board of UFG, effective January 1st, 2020.
5 December 2019POLAND: PKO Ubezpieczenia became member of UFG
At the end of November 2019, PKO Ubezpieczenia became the 30th member of the Polish Insurance Guarantee Fund (UFG).
5 December 2019GENERALI Poland annouced top management appointment
Starting with 25 November, Roger HODGKISS is joining the top management team of GENERALI Poland being responsible for the P&C sales network and marketing of GENERALI and PROAMA.
26 November 2019Aleksandra AGATOWSKA appointed to PZU's Supervisory Board
On October 23, 2019, the PZU's Supervisory Board adopted a resolution regarding the appointment of Aleksandra AGATOWSKA to the Management Board, giving her the function of Member of the Management Board of PZU SA.
24 October 2019STATISTICS: POLAND, 1H2019: insurers wrote EUR 7.6 billion in GWP, 2.65% more y-o-y
The flagship market of the CEE region, Poland, ended the first half of 2019 with only a modest increase in GWP, of 2.65%, to EUR 7.56 billion. The positive trend was entirely due to the GWP growth on the non-life side (5.36% up, EUR 5.07 billion).
3 October 2019POLAND: Insurance Guarantee Fund has a new President
The Council of the Insurance Guarantee Fund of Poland (UFG) unanimously adopted on 19 September 2019 a resolution on the appointment of Malgorzata SLEPOWRONSKA, currently member of the board, as the President of UFG.
25 September 2019
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