PKO TU will operate from Q2
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Polish financial watchdog KNF give green light to establishing PKO Towarzystwo Ubezpieczeń (PKO TU), the insurance subsidiary of PKO, Poland's largest lender.
PKO TU will offer life and property insurances, 11 products in total. The new insurer will start operating in the second quarter of the current year.
The application was submitted in June 2014.