Britain's Prudential keen enter Poland's life insurance market.

By bne IntelliNews August 6, 2012
Britain's insurer Prudential is 'keen to develop a presence in the life insurance market" in Poland, as it said in in a statement to daily Financial Times. "Poland is a country that we believe offers us opportunities that play to our strengths from a product and distribution perspective," the statement reads. The newspaper stresses that Prudential had a business in Poland before the second world war, but its assets were seized by Germans in 1939. It is now awaiting the go-ahead from regulators to start life insurance operations in Poland, the daily reported. The newspaper also noted that the new operation would be taking on multinationals including Aviva and Aegon as well as domestic competition in the form of PZU.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more