Insurance companies' claims jump nearly 25%, property loss largest sector

Insurers paid zl. 9 billion in claims in 1999, which is an increase of 23.5% compared to 1998 says the latest report from the Polish Insurance Supervision Office (PUNU). Property companies covered most of this sum and life insurers paid three times less. Among the property companies the greatest sums were paid by Zurich and Allianz and among the life insurers - Allianz Zycie and Inter Zycie. Powszechny Zaklad Uzbezpiecien (PZU), Poland' s largest insurance company (40.88%), PZU Zycie (24.6%) and Warta (13.8%) covered the biggest share of claims in total. (Prawo i Gospodarka, page 1, 9) M.M.