PZU sets ROE target at 20% by 2020

The PZU Group has set its Return on Equity (ROE) target at 20 percent by 2020, the company informed. “The strategy for 2015-2020 is a continuation of the previous strategy, but also sets new directions, which are of key importance for the value of the PZU in the eyes of shareholders,” the company said. The strategy, dubbed 3.0, is to base the PZU Group's activity on three pillars: insurances, assets management (PZU Inwestycje) and healthcare (PZU Zdrowie). The PZU Group is one of the largest insurance groups in Poland. The company's assets totaled PLN 67.72 billion at the end of September 2014.