In January-March 2024, PZU Ukraine Insurance Company (Kyiv) collected UAH 481 million in insurance premiums, which is UAH 170 million or 54.66% more than in the first three months of 2023.
According to the insurer’s information, the largest increase in payments for the reporting period was recorded in the CASCO and Green Card segments – by 30% and 79%, respectively. In total, UAH 98 million of premiums, or 20% of the insurer’s total payments, were attracted under hull insurance contracts in the first quarter.
Under the Green Card and ROM policies, PZU Ukraine attracted UAH 109 million in premiums, which is 23% of the insurer’s total revenues.
The share of compulsory motor third party liability insurance (MTPL) in the company’s portfolio amounted to 28%, or UAH 135 million of premiums, which is 78% more than in the same period last year. The share of voluntary health insurance amounted to 16%, or UAH 79 million (+63%).
The company’s revenues from other insurance contracts in January-March amounted to UAH 60 million.
PZU Ukraine is a part of one of the largest insurance groups in Central and Eastern Europe – PZU Group (which includes the parent company of PZU Ukraine – PZU S.A.).
