Ceska pojistovna (CP), insurance firm, decreased its net profit by CEK 916 mil to CEK 2 bil during 1H 2012 compared to 1H 2011. CP took premiums of CEK 16.4 bil during 1H 2012, 2% less compared to 1H 2011. CP, a part of the insurance group Generali PPF Holding, is the largest insurance firm on the Czech market. All insurance firms in the Czech Republic took premiums of CEK 41.3 bil according to Czech standards during 1H 2012, 0.2% less compared to 1H 2011.

Read the full story on www.insurancenewsnet.com

CZECH REPUBLIC: Ceska Pojistovna decreased its net profit to CEK 2 bil during 1H 2012