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Customer debt to insurers increased 44% y/y to PLN 594 mln in June

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Customer debt to insurers increased 44% y/y to PLN 594 mln in June
Source: Pexels

As of June 2024, outstanding payments to insurance companies amounted to PLN 593.9 million, a 44% increase from the previous year, according to the National Debt Register. Businesses owe PLN 369.3 million, while consumers owe PLN 224.6 million.

For consumers, the main cause of debt is the automatic renewal of car insurance policies without…

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