Q3 2020 Powszechny Zaklad Ubezpieczen SA Earnings Presentation Transcript

Nov 19, 2020 / 11:00AM GMT
Presentation
Nov 19, 2020 / 11:00AM GMT

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Corporate Participants
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* Tomasz Pawel Kulik
Powszechny Zaklad Ubezpieczen SA - Management Board Member

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Tomasz Pawel Kulik - Powszechny Zaklad Ubezpieczen SA - Management Board Member

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And we'll talk about how this looks with respect to the market, we'll talk about our financial results, and then we'll recap in terms of the strategy, which is coming to an end at the end of this year. So let's go ahead and take a look at our main accomplishments.

If we look at Q3 of this year, this is yet another quarter in which PZU has proven itself to be pretty resilient with respect to the various turbulence on the financial markets as well as on the insurance markets.

This is a quarter in which we generated a very good result despite the pandemic. The Q3 result is PLN 190 million. It's slightly higher year-on-year despite the demanding, challenging situation, in particular, in the banking sector, the additional

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