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Drivers and atypical events affecting the results

Annual Report 2018 > Drivers and atypical events affecting the results
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In Q1 2018, a non-recurring effect of remeasurement of provisions was recognized, mainly in motor insurance for claims for general damages due to being in a vegetative state in the amount of PLN 148 million.

In the corresponding period, a higher level of losses caused by weather phenomena (storms) than the average for the last 3 years was recorded at PLN 170 million.

The conversion effect of long-term policies into yearly renewable term agreements in type P group insurance treated as a non-recurring event was lower in 2018 by PLN 18 million in comparison with the comparable period of the previous year (PLN 17 m in 2018 compared to PLN 35 m in 2017).

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