Half Year 2022 Powszechny Zaklad Ubezpieczen SA Earnings Call Transcript

Aug 25, 2022 / 10:00AM GMT
Tomasz Pawel Kulik - Powszechny Zaklad Ubezpieczen SA - Management Board Member

Good afternoon, everybody. I'd like to welcome you very cordially to the meeting to recap the PZU Group's Results in 2Q 2022. And as a matter of traditional approach as is the case in every quarter, today's meeting will be structured according to the following logic.

We'll kick off with the presentation of the main accomplishments of the PZU Group, then we'll recap business development. We'll talk a little bit about how -- what has transpired, where we've observed things in Q2, how that has affected and shaped and drove the financial results of the entire conglomerate.

And then we'll walk through the main KPIs in the strategy in order to see, at the end of Q2, how we see our abilities to discharge and achieve our long-term targets. The strategy was announced in a period of great volatility during the pandemic in Poland, and as a result, there was a lot of uncertainty.

Today, the macroeconomic environment and what's happening in services, both banking and insurance services, well, those are slightly

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