Powszechny Zaklad Ubezpieczen SA
WSE:PZU
Powszechny Zaklad Ubezpieczen SA
Other Items
Powszechny Zaklad Ubezpieczen SA
Other Items Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Items | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
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P
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Powszechny Zaklad Ubezpieczen SA
WSE:PZU
|
Other Items
-zł958m
|
CAGR 3-Years
6%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
11%
|
Powszechny Zaklad Ubezpieczen SA
Glance View
Powszechny Zakład Ubezpieczeń SA, commonly known as PZU, stands as a towering presence in the Polish insurance market, a legacy rooted deep in its storied past that stretches back to its establishment in 1803. As one of the oldest insurance companies in the region, PZU has evolved significantly, adapting to the changing economic landscapes and technological advancements. The company's resilience is reflected in its widespread recognition and trust among millions of customers across Eastern Europe. Functioning in areas beyond traditional insurance, PZU has carved out a diversified business model that includes life and non-life insurance, asset management, and even banking services. This diversification strategy not only allows it to manage risks effectively but also positions it to service a broader array of financial needs. The core of PZU's operations springs from its ability to assess, underwrite, and manage risks, providing a wide range of insurance products for individuals, businesses, and institutions. By leveraging strong distribution channels, involving both traditional agents and digital platforms, PZU has maintained a robust revenue stream through premium collections. The company invests these premiums conservatively in a balanced portfolio, generating steady returns while safeguarding policyholder funds. Its strategic expansion into asset management and banking services further augment its financial profile, allowing PZU to earn through fees and service charges while creating synergies across its business units. Through this multi-faceted approach, PZU not only fortifies its market presence but also enhances its profitability and resilience against market volatilities.
See Also
What is Powszechny Zaklad Ubezpieczen SA's Other Items?
Other Items
-958m
PLN
Based on the financial report for Sep 30, 2024, Powszechny Zaklad Ubezpieczen SA's Other Items amounts to -958m PLN.
What is Powszechny Zaklad Ubezpieczen SA's Other Items growth rate?
Other Items CAGR 10Y
11%
Over the last year, the Other Items growth was 98%. The average annual Other Items growth rates for Powszechny Zaklad Ubezpieczen SA have been 6% over the past three years , and 11% over the past ten years .