Komercni banka announced yesterday that today it would launch a tender for some non-life insurance services at its insurance subsidiary, Komercni pojistovna. KP incurred a substantial loss of CZK 700 mil. in 2001, and Komercni banka has previously indicated that it is looking for a strategic partner for KP's non-life-insurance activities (as a part of the KP's restructuring). Neutral.
(Jan Hajek)