Polish Posts’s life insurance firm approved
13:50
The Financial Supervision Authority has issued a permit for the launch of activity by Pocztowe Towarzystwo Ubezpieczeń na Życie, the life insurance unit of Polish Post, the watchdog said in a statement on Wednesday.
The subsidiary will start operating in January, Polish Post said. Artur Olech will be the company’s chief executive.
The capital group of Polish Post already consists of lender Bank Pocztowy, non-life insurance firm Pocztowe Towarzystwo Ubezpieczeń Wzajemnych and pension fund Pocztylion - Arka PTE.
