niedziela, 18 maja 2008

PZU Group

PZU Group — a 200 year tradition in insurance

PZU Group is one of the largest insurance companies both in Poland and in Central and Eastern Europe. PZU Group insures more than 25 millions of Poles for most of which it is the symbol of tradition, confidence and long-run market presence.

Traditions of PZU Group trace their roots to 1803 when the first insurance company was established in Poland — since that time PZU Group provides complex insurance coverage for all the most important spheres of life activity. Apart from its insurance activity, PZU Group also manages pension fund and investment funds.

PZU Group — the largest insurance group of Central and Eastern Europe

PZU Group is the first Polish company operating in financial sector, which earned 1 billion USD net profit for the fiscal year. In 2005, PZU Group achieved a record financial result, delivering a net profit of 3 214.8 mln PLN that was 51.4% higher compared to the result of the previous year. This provides that PZU is considered one of the most profitable insurance companies at the European market.

PZU Group is also one of the most expensive financial institutions of Central and Eastern Europe.

Due to investigations conducted by the agency A. T. Kearney and Newsweek newspaper (Poland) in 2005, PZU Group was estimated at the rate of 31 485 mln PLN (about 10 billion USD) and took the second place in the top 100 list of the most expensive enterprises in Poland. PZU Group — is the leader of Polish financial market and the leading insurer in Central and Eastern Europe:

  • PZU Group has the highest rating among all financial institutions of Central and Eastern Europe — «А-» (Standard & Poor’s),
  • The largest insurer in Poland and Central and Eastern Europe (occupies 45% and 18% of the market, respectively),
  • The assets of PZU Group amount to 13,2 billion USD,
  • PZU Group has subsidiary companies in Ukraine and Lithuania,
  • PZU Group counts more than 16 000 employees; its sales network in Poland consists of more than 800 offices and nearly 10 000 agents,
  • PZU Group brand is recognized by 90% of population of Poland,
  • In 2005 for the sixth time PZU was acknowledged as the company to trust (PZU has won the „The most trusted brand” award).

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