PZU News

Polish Insurer PZU Needs Strategy for Ownership of Stakes in 2 Banks, Minister Says

Poland’s biggest insurer PZU needs a strategy to tackle its ownership of stakes in two banks, which is complicating its valuation, the state assets minister said. Globally, insurers are focusing on core business and are spinning off banking operations, Jakub …

Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability

The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according to the awards’ sponsors, Efma and Accenture. The global awards program, which recognizes …

Poland’s PZU Reviews Strategy: Plans to Slash Costs, Hike International Premiums

PZU SA plans to review its strategy to bolster earnings as last year’s profit collapsed to the lowest since its debut in Warsaw in 2010 after being rocked by record-low interest rates. Under Chief Executive Officer Michal Krupinski, who took …

Poland’s Largest Insurer, PZU, Appoints Executive at Bank of America as CEO

PZU SA appointed Michal Krupinski, an executive at Bank of America Inc. and former deputy treasury minister, as chief executive officer of Poland’s largest insurer, in the latest change as Poland’s new government extends its influence over the economy. Krupinski, …