Locked content Insurers want PPK assets exempt from bank tax

Insurers lobby Polska Izba Ubezpieczycieli PIU wants assets of employer-sponsored pension plans PPK managed by insurers to be exempt from the so-called bank tax. The Finance Ministry is currently analyzing the issue but is “reluctant” to make any exemptions. “This is a fundamental problem because we...

Locked content KNF: insurers with PLN 3.79 bln H1 profit

Net profit of insurers operating on the Polish market increased to PLN 3.79 billion in H1 compared to PLN 2.25 billion a year earlier. Gross written premiums amounted to PLN 31.57 billion compared to PLN 27.42 billion a year earlier, the Financial Supervision Authority (KNF) reported. Insurance cost...

Locked content KNF: insurers with PLN 1.02 bln Q1 profit

Net profit of insurers operating on the Polish market increased to PLN 1.02 billion in Q1 compared to PLN 611.59 million a year earlier. Gross written premiums amounted to PLN 15.95 billion compared to PLN 13.47 billion a year earlier, the Financial Supervision Authority (KNF) reported. Insurance co...