Česká pojišťovna (ČP) posted a year-on-year increase of net profit by CZK 500m to CZK 4.1bn in 2015. The increase is due to a favourable development of the weather without greater natural catastrophes and the sale of its subsidiary ČP Invest within the group. ČP collected insurance totalling CZK 26.8bn. Its general manager Marek Jankovič said that in the year 2016, the profit will among other things, be influenced by hailstones and floods, which have afflicted the Czech Republic in the recent weeks. Hailstones alone caused damage totalling approximately CZK 250m to clients of ČP in the past month. Further damage of CZK 100m was caused by local flash floods, windstorms and spring frost. ČIANEWS has been told this by ČP spokesperson Ivana Buriánková.
Source: www.cianews.cz
