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Polish insurer PZU beats third-quarter expectations

GDANSK, Nov 20 (Reuters) - Poland's largest insurer PZU PZU.WA reported an 64% yearly rise in its third-quarter profit on Thursday, as higher revenues from premiums coupled with lower costs of insurance.

The company's net profit neared 2 billion zlotys ($545 million) in the quarter, exceeding the 1.61 billion zlotys analysts polled by the company had forecast.

($1 = 3.6684 zlotys)

(Reporting by Rafal Nowak and Mateusz Rabiega, editing by Milla Nissi-Prussak)

((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63; mateusz.rabiega@thomsonreuters.com))

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