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Report: Polish court to consider class action against insurer Europa

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Report: Polish court to consider class action against insurer Europa

AWarsaw court will consider a class-action lawsuit filed by 400 clients whoincurred losses of 14.3 million Polish zlotys after purchasing life insurancepolicies from TowarzystwoUbezpieczen Europa SA life insurance unit , Puls Biznesu reportedApril 11.

Itadded that the total value of claims initiated so far against Europa in twoclass-action proceedings and a lawsuit launched by Warsaw's municipal consumerombudsman amount to 22.2 million zlotys.

As of April 11, US$1 wasequivalent to 3.74 Polish zlotys.