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Insurer’s premiums increase by 4% to $4.5 billion

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Poland-based insurer PZU Group’s gross written premiums increased by more than 4% year-on-year to above 19 billion Polish zloty ($4.2 billion) in the first nine months of the year, driven by nonlife insurance business, Xprimm reported. Net profits dropped by almost 10% to approximately PLN2 billion.

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