The Powszechny Zakład Ubezpieczeń Spółka Akcyjna Group (PZU Group) is one of the largest financial institutions in Poland and in Central and Eastern Europe. It is headed by the Polish insurance company PZU SA (PZU, Issuer).
The PZU Group satisfies the fundamental needs of 16 million customers for security and stability, including 6 million customers of group life insurance.
Innovativeness, ethics in operation and adaptation to the increasingly demanding market conditions caused, among other things, by the entry of international players onto the Polish market, constitute the basis for PZU’s rapid expansion. The PZU Group is still number one on the Polish insurance market. It is simultaneously strengthening its position in other segments of the financial market in Poland.
The PZU Group is also developing its insurance business in selected countries of Central and Eastern Europe. It is present in Ukraine, Lithuania, Latvia and Estonia and it has already gained a significant position there. For instance, it collected 13.6% gross written premiums in non-life insurance in Lithuania in 2013 and has therefore taken third place on that market.