Insurance company “Guardian” (Kyiv) in January-March 2025 collected UAH 300.28 million of net insurance premiums, which is 37.58% more than in the same period last year, RA “Expert Rating” reported in information on updating the financial stability rating of the insurer at the level of “uaAA” on the national scale based on the results of the analysis of its activities for the reporting period.
The volume of gross written premiums received by “Guardian” ALC for the first quarter of 2025 increased by 18.27% to UAH 313.29 million compared to January-March 2024.
During the reporting period, the company paid UAH 102.602 million in indemnities (-24.5%). The insurer’s claims ratio decreased by 18.56 percentage points to 32.75%.
It is reported that as of March 31, 2025, the company’s equity increased by 7.13% to UAH 352.34 million. Gross liabilities for the same period decreased by 0.4% to UAH 687.74 million, the amount of cash and cash equivalents on the company’s accounts increased by 40.22% to UAH 153.44 million.
The agency notes that as of the reporting date, the insurer formed a portfolio of current financial investments in the amount of UAH 136.32 million, consisting of government bonds and government bonds, which are considered liquid instruments with a low level of credit risk.
The RA reports that based on the results of its activities in the first quarter of 2025, Guardian Insurance Company received an operating profit of UAH 3.94 million against an operating loss for the same period in 2024. The insurer’s net profit increased by 5.2 times to UAH 2.01 million compared to the first quarter of last year.
The insurer confirmed to RA that as of March 31, 2024, it complied with the requirements for solvency and assets of the insurer, the statement said.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. In January 2020, it became 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.
