PZU SA is the main shareholder of the PZU Lietuva insurance group and one of the largest insurance groups in Central and Eastern Europe
PZU SA was recognised as the largest insurance company in terms of turnover, number of customers, customer service network, co-workers and consultants, and the number of partners.
The public company PZU SA (Powszechny Zakład Ubezpieczeń Spółka Akcyjna) was founded in 1803. It was the first insurance company in Poland.
It provides all life and non-life insurance services, manages pensions, mutual funds, savings programmes
The PZU Group aims to meet the needs of more customers and to continuously improve the quality of our service. Our services are available to customers in any area of Poland as the PZU Group has a large customer service network.
PZU Group is one of the strongest companies in Poland
PZU is one of the most recognisable brands in Poland.
In 2010, PZU successfully completed its initial public offering (IPO) and debuted on the Warsaw Stock Exchange. It was the largest IPO in Polish history and the largest in Europe since 2007.
PZU is the market leader in Polish property and casualty insurance, in terms of gross written premiums (32.2% market share at the end of 2012).
PZU Zycie is the market leader in Polish life insurance in terms of gross written premiums (25.6% market share at the end of 2012).
PTE PZU manages OFE PZU Złota Jesień, the third largest open pension fund in Poland as at the end of December 2012, both in terms of its members (2.2 million) and net assets under management (PLN 36.3 billion).
At the end of 2012, net value of investment funds managed by TFI PZU amounted to PLN 15.3 billion (the first place in the market).
From a business point of view 2012 was an exceptional year for PZU. The PZU Group generated its best net financial result since the IPO (3,253.8 m PLN), nearly 40% higher than in the previous year.
The factors contributing to this success included the more than 6% growth in gross written premium (16,243.1 m PLN), very robust investment performance (+132%) and the high profitability of its operations (20%). The Group also generated a very high return on equity (ROE) of 24%. This success is the result of steadfastly pursuing our strategy of modernizing and restructuring the PZU Group while maintaining cost discipline.
PZU Życie (life) and PZU (non-life) have a long-term credit and financial rating A (by Standard & Poor's Ratings Services) with a stable rating perspective.
We provide all non-life insurance services
Insurance services are provided to private and business customers. We insure property, transport, livestock, forests, accidents, business interruption, liability etc.
We do our best for our customers
A great deal of attention is paid to staff competence and working standards. We offer our customers a high quality, courteous and prompt service.
The PZU Group is a safe, expanding insurance company with 200 years of experience
The PZU Group was founded in Poland in 1803. It is now one of the fastest growing groups in the Polish capital.
In 2012 our operations in the Baltic states underwent further development. PZU currently has a footprint in Ukraine and Lithuania. It sold its first policies in Latvia in December 2012 while the sales launch in Estonia is expected Q2/Q3 2013.
Main information about PZU SA
Authorised capital PLN 86 352 300 (about 75 million LTL) nominal shares 86 352 300
Powszechny Zakład Ubezpieczeń Spółka Akcyjna (PZU SA)
Jana Pawła II 24
Company number 526-025-10-49