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Poland's PZU posts in-line net profit growth in 2013
March 12, 2014 / 6:22 AM / 4 years ago

Poland's PZU posts in-line net profit growth in 2013

WARSAW, March 12 (Reuters) - Eastern Europe’s largest insurer PZU booked a 1.2-percent rise in its last-year’s net profit, as growth in gross written premiums helped outweigh a fall in profits on investments, it said on Wednesday.

The state-controlled group showed a bottom line of 3.3 billion zlotys ($1.1 billion), fully in line with market estimates. ($1 = 3.0446 Polish zlotys) (Reporting by Adrian Krajewski; Editing by Pawel Bernat)

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