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The high solvency ratios place the PZU Group among the insurance groups with the greatest capital strength.
By the end of 2015, Poland followed the so-called Solvency I system. The below table presents results of PZU Group, PZU and PZU Życie for the last 5 years.
Until the end of 2015 the insurance companies were also obliged to maintain assets for covering technical reserves in excess of the required level. At the end of 2015, the assets to technical provisions ratio amounted to: 110.5% for PZU and 114.6% for PZU Życie.
From 1st of January 2016 the new capital requirements regime- Solvency II became effective in European Union. For more: Regulation on the insurance and financial markets in Poland
As at the end of the third quarter of 2015, the solvency ratio (calculated according to the Solvency II standard formula) was assessed at a level of 296.1%1. Ratios as high as these place PZU Group among insurance groups with top capital strength.
1 Data not audited
Calculation of own funds for solvency margin coverage
| Calculation of own funds for solvency margin coverage | 2015 | 2014 | 2013 | 2012 | 2011 |
| PZU Group's solvency margin coverage with own funds | 281.5% | 291.2% | 351.8% | 405.8% | 352.9% |
| PZU's solvency margin coverage with own funds | 550.4% | 585.9% | 697.7% | 815.3% | 686.6% |
| PZU Życie's solvency margin coverage with own funds | 206.2% | 224.1% | 235.5% | 376.0% | 332.5% |
