PZU rises as Q3 profit beat fuels dividend expectations

Powszechny Zaklad Ubezpieczen SA

20/11/2025 08:13

** Polish state-run insurer PZU PZU.WA shares rise around 4%, on track for its best day since April, after it posted a third quarter profit beat, driven by lower-than-expected claims and benefits

** "Thanks to lower claims and benefits in the quarter, the company recorded very strong income from insurance services," Erste Group analyst Lukasz Janczak says

** Janczak adds that while the low loss ratio is not sustainable, the results should allow for an upgrade to full-year forecasts

** The analyst also says that the strong result confirms the potential for a high dividend payment next year

 (Reporting by Rafal Nowak)

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