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Poland’s storms to cost insurers millions: report
Insurance companies in Poland may have to pay out a staggering PLN 400 million (EUR 93.5 million, USD 110 million) in compensation for damages caused by a series of severe storms that hit the country earlier this month, a newspaper has reported.
A quarter million cars uninsured in Poland
As many as 250,000 Polish drivers have not insured their cars, which is a legal requirement in the country.
A third of Polish tourists go uninsured
At a cost of around PLN 40 (EUR 10) per head, only two-thirds of Polish tourists buy insurance before their holiday.
Insurance Guarantee Fund boosts coffers in 2014
Over PLN 40 million was paid into the Insurance Guarantee Fund from fines for drivers who were caught without possessing mandatory third party road insurance.
VIG acquires Skandia Poland
The Viennese Insurance Group (VIG) has completed its acquisition of Polish life insurer Skandia Zycie.
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