Q1 2020 Powszechny Zaklad Ubezpieczen SA Earnings Presentation Transcript

May 29, 2020 / 10:00AM GMT

Release Date Price: zł42.09

Transcript

Tomasz Pawel Kulik

Powszechny Zaklad Ubezpieczen SA - Management Board Member

(technical difficulty)

substantially positive. Actually, we would like to look at the high level of capitalization and the capital safety, which is affirmed by our solvency ratio in excess of 200%. After we pay down our subordinated debt -- or senior debt, excuse me, what today we see in our capital, this is a mix, some 90%, 87% consists of Tier 1 capital.

We'll tell you also about our operations in the face of the situation that has never been seen before, linked to the pandemic and our investments linked to digital transformation, which are important, not only here and now for us to be able to communicate with our clients and render remote

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