WARSAW May 17 The net profit of central and
eastern Europe's biggest insurer PZU SA rose in the
first quarter by 91 percent year on year thanks to investment
results, car insurance business and accounting one-offs, PZU
said on Wednesday.
The state-run company said its net profit rose to 940
million zlotys ($250.25 million) while analysts had expected a
net profit of 888 million zlotys.
Gross written premium at PZU rose to almost 5.8 billion
zloty from 4.8 billion a year ago. Analysts had expected 5.6
($1 = 3.7562 zlotys)
(Reporting by Marcin Goclowski; Editing by Agnieszka Barteczko)