Shareholders of PJSC National Joint Stock Insurance Company Oranta (Kyiv) plan to allocate UAH 40.667 million of net profit for 2024 to pay dividends.
This is stated in the information system of the National Securities and Stock Market Commission (NSSMC) in the draft decisions of the company’s shareholders’ meeting scheduled for May 19.
During the meeting, shareholders also plan to approve the amount of dividends per ordinary registered share in the amount of UAH 0.20 and determine that the payment of dividends will be carried out through the depository system of Ukraine in accordance with the procedure established by the supervisory board of NASK Oranta.
As reported, NASK Oranta increased its premium income by 54% in 2024 to UAH 2.35 billion compared to the same period last year, while the volume of payments increased by 22% to UAH 155.2 million.
Over the past year, the company paid out UAH 657 million in claims, which is 25% more than in 2023. The increase in payments is associated with the growth of the portfolio and the number of settled insurance events.
Thus, UAH 487 million (+34%) was paid out under MTPL policies, and UAH 99 million under Green Card agreements. The volume of premiums from legal entities increased by 26% last year.
Its profit amounted to UAH 157 million thanks to an effective tariff policy and expansion of the customer base. Insurance reserves grew by 44% to UAH 1.35 billion, ensuring the insurer’s financial reliability.
NASK Oranta is the successor to Ukrderzhstrakh, founded on November 25, 1921, and has been operating in Ukraine for over 100 years.
The company has been a full member of the MTIBU since 1994 and a member of the Nuclear Insurance Pool since 2003.
The insurer’s main shareholder is the Ukrainian business group DCH. The company has 33 licenses for compulsory and voluntary types of insurance, its network includes over 400 representative offices, and its agency network brings together over 2,000 insurance experts.
