Komerční pojišťovna's business results for the first half of 2010 confirm clients' growing demand for one-off investments under life assurance policies. In life assurance, premium written increased by 180 % year-on-year and amounted to CZK 5.16 billion. With its market share of 15.1 %, Komerční pojišťovna has therefore maintained its second position on the life market.

“During the financial crisis, when clients were afraid of risky investment, demand for guaranteed products significantly increased. We were able to flexibly respond to these changes in clients' needs and preferences by our offering of insurance products with a guaranteed growth. At the time of unstable financial markets, this offering is very attractive for Czech consumers,” said Stéphane Corbet, member of Komerční pojišťovna's Board of Directors.

Komerční pojišťovna's key products, the Vital Invest unit-linked life policy and the Vital Premium life policy, guarantee clients above-standard growth, which was 3.5 % p.a. and 3.6 % p.a., respectively, last year. For 2010, Komerční pojišťovna also guarantees a minimum growth of an attractive 3 % p.a. and 3.1 % p.a., respectively, while overall growth for 2010 may be higher than the minimum guaranteed growth, depending on the results that the insurance company will achieve.

“Primarily thanks to these two products, Komerční pojišťovna has confirmed its excellent results in life assurance for the first quarter of the year, and continues to be an attractive opportunity for increasing the value of clients' funds,” added Stéphane Corbet.

Komerční banka is one of the best run universal banks in Central Europe. It provides comprehensive services to clients in the areas of retail, corporate, and investment banking. The Komerční banka Group's 8,659 employees serve more than 2.7 million clients, who can use an extensive network of 398 points of sale throughout the country. Komerční banka currently operates 688 ATMs and almost 985,000 of its clients use one of direct banking channels.

Komerční banka is part of the Société Générale Group, one of the largest banking groups in the euro zone (in terms of market capitalisation), whose 157,000 employees serve more than 32 million individual clients worldwide.