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Poland's PZU tops second-quarter profit expectations

Poland's PZU tops second-quarter profit expectations

- Poland's top insurer PZU PZU.WA reported a second-quarter profit that topped market expectations on Thursday, helped by strength in its mass property and casualty and individual life insurance businesses.

Net profit for the period rose 12% year-on-year to 1.65 billion zlotys ($446 million) compared with analysts' average forecast of 1.52 billion zlotys in a company-compiled consensus.

($1 = 3.6965 zlotys)


(Reporting by Rafal Nowak in Gdansk, editing by Milla Nissi-Prussak)

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

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