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BRIEF-Open Finance' associated company signs agreement with UOKiK
December 22, 2016 / 8:11 AM / in 7 months

BRIEF-Open Finance' associated company signs agreement with UOKiK

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Dec 22 (Reuters) - Open Finance SA :

* Said on Wednesday that its associated company, Open Life Towarzystwo Ubezpieczen Zycie SA, signed an agreement with Office of Competition and Consumer Protection (UOKiK)

* The agreement concerns an increase of the redemption value of the life insurance and endowment contracts with the Insurance Capital Fund not covered by the decision of UOKiK from 2015

* The agreement will have negative impact of up to 13.9 million zlotys ($3.29 million) on consolidated financial results of the company's capital group

Source text for Eikon:

Further company coverage:

$1 = 4.2260 zlotys Gdynia Newsroom

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