Locked content Talanx posts €219 mln Q2 profit

WSE-listed insurance group Talanx posted a €219 million net profit in Q2 (vs €225 million the year before) according to the company’s financial results, bringing the H1 profit to €437 million (€467 million the year before). The operating profit in Q2 increased from €549 million last year to €6...

Locked content Talanx with €900 mln consolidated net profit in 2016

WSE-listed insurance group Talanx posted a €900 million net profit in 2016 (vs €734 million in 2015) according to the company’s preliminary financial results. “On the one hand, this results from lower than expected large losses in the Group. On the other hand, special tax effects have also con...

Locked content Warta establishes replacement car fleet

Insurer Warta has decided to create its own replacement car fleet. It will consist of 40 vehicles leased from a private firm, Puls Biznesu daily reported. Warta follows in the footsteps of Poland’s largest insurer PZU, which acquired 300 replacement cars last year. “This is the beginning...

Locked content Warta collects PLN 2.4 billion gross premiums

Insurance group Warta recorded aggregated gross premiums of PLN 2.4 billion in the first half of 2014, the company said on Monday. The non-life insurance unit (Warta TUiR) recorded a net financial result of PLN 153 million and the life insurer Warta TUnŻ had a PLN 22 million result. Gross revenue fr...