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PZU net profit falls to PLN 2.34 billion in 2015

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Poland's largest insurer PZU recorded a consolidated net profit of PLN 2.34 billion in 2015, compared with PLN 2.96 billion in 2014, the group reported. The company's operating profit amounted to PLN 2.93 billion, versus PLN 3.69 billion a year ago. Gross revenues from premiums came in at PLN 18.35 billion in 2015, while in 2014 they amounted to PLN 16.8 billion. In Q4, the insurer's profit amounted to PLN 509.9 million.

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