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The Warsaw Voice » Business » April 16, 2008
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Good Year for Allianz Polska Group
April 16, 2008 By A.R.    
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The total amount of insurance premiums received by Allianz Polska Group increased by 18 percent last year, totaling over zl.3 billion.

The amount Allianz obtained in non-life insurance rose by 22 percent from zl.1.13 billion to zl.1.38 billion. In life insurance, the figure increased by 14 percent from zl.1.43 billion to zl.1.64 billion. In group insurance, it grew by 38 percent from zl.260.8 million to zl.359.4 million.

At the end of the year, the value of assets held by the Allianz Mutual Fund Company rose by 19 percent from zl.1.23 billion to zl.1.46 billion. The assets of the Allianz Open-End Pension Fund were worth zl.3.46 billion at the end of December, which was 20 percent more than in December 2006.

Good financial results were also reported at other companies of the Allianz Group. Euler Hermes, which deals with accounts receivable insurance, received zl.134 million in premiums, compared with zl.122 million in 2006. Elvia, which provides assistance services, had even better results, with an increase of 45 percent from zl.53 million to zl.77 million.
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