The 373rd Financial Supervisory Authority (KNF) meeting was held on 24 October.
The Authority gave Danuta Źrałek consent to become the board member responsible for risk management of both of UNIQA’s companies.
KNF imposed financial penalty on Link4 Towarzystwo Ubezpieczeń SA for estimating premiums on a level which do not ensure the performance of the insurance contractual obligations and coverage costs of insurance companies’ activities in the years 2011-2015 in the insurance of group 10 and in the years 2014-2015 in group 3. The insurance company has to pay PLN 300,000.
Also the members of the Authority became acquainted with the report about the Polish insurance sector in H1 2017.