Insurance company Pojistovna Ceske Sporitelny (PCS) reported a 16% y/y growth in billed premiums to CZK 6.1bn (EUR 248.4mn) in 2011, CTK newswire reported citing data from the Czech Insurance Association. PCS, which specialises in life insurance, is part of Vienna Insurance Group, which also owns insurers Kooperativa and Ceska podnikatelska Pojistovna in the country. The Czech insurance market slipped by 0.3% in 2011, when CZK 116.3bn premiums were collected. |
Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more
The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more
The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more