Polish insurers increased Q1 net earnings by 7.6% y/y to PLN 1.1 bln, a report by sector lobby PIU shows.
Premiums rose 5.3% y/y to PLN 17.6 bln, according to the report.
Claims came to 10.2 bln, including: PLN 4.8 bln in the life insurance segment driven by a 28% y/y pandemic-related increase in death benefits; PLN 3.8 bln in the motor insurance segment; ca. PLN 1.6 bln in other segments.
