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Insurers record 150% y/y net profit growth in H1

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Insurers record 150% y/y net profit growth in H1
Source: Pixabay

In the first half of 2023, Polish insurers reported a significant surge in net profit, rising by 150% year-on-year to reach PLN 5.7 billion. This impressive growth was attributed to several factors, including increased investment income driven by rising interest rates due to inflation.

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