Business news from Ukraine

Business news from Ukraine

“Guardian” increased payments by 29.4% in 2024 to UAH 509.2 mln

6 February , 2025  

In 2024, Guardian Insurance Company paid out UAH 509.2 million in indemnities, which is 29.4% more than in 2023, according to the insurer’s website.

It is noted that hull insurance payments increased by 81% to UAH 37 million, while premiums for this type of insurance increased by 58% to UAH 76.2 million.

The company also reports that in 2024, reimbursements under the international Green Card insurance policy increased by 35% to UAH 286.5 million, while premiums amounted to UAH 371.8 million.

Claims under the MTPL insurance policy increased by 15% to UAH 182.4 million last year, with premiums collected amounting to UAH 401.6 million (+10%).

The company allocated UAH 0.5 million (+80%) for medical expenses, while premiums collected amounted to UAH 77.2 million (+28%).

Accident insurance premiums amounted to UAH 27.8 million (+5%).

The amount of payments from customers who chose Guardian Insurance Company in 2024 amounted to UAH 1.06 billion.

Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has acquired the status of a full member of the MTIBU and has the right to sell Green Card policies.

In October 2020, by the decision of the general meeting of members of the Nuclear Insurance Pool of Ukraine, Guardian Insurance Company became a member of the pool.

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