PZU net profit down in 2014 y/y

Poland's largest insurer PZU recorded a consolidated net profit of PLN 2.96 billion in 2014, compared with PLN 3.29 billion in 2013, the group reported. The operational profits totaled PLN 3.91 billion, compared with PLN 4.18 billion a year before. The consolidated sales revenues reached PLN 16.88 billion in 2014, whereas it amounted to PLN 16.48 billion in 2013.

The assets of PZU were worth PLN 67.57 billion at the end of 2014.