In January-March 2025, Insurance Guarantees of Ukraine (SGU, Kyiv) collected UAH 166,000 in gross premiums, which is 71.08% less than in the same period of 2024.
This follows from information from the rating agency Expert-Rating confirming the insurer’s financial stability rating for the first quarter of 2025 at “uaAA” on the national scale.
It is noted that during this period of 2025, the company did not make any insurance payments.
SGU’s equity for the reporting period decreased by 7.44% to UAH 51.29 million, while gross liabilities increased by 48.88% to UAH 1.39 million.
The amount of cash and cash equivalents in SGU’s accounts as of March 31, 2025, amounted to UAH 43.998 million, a decrease of 7.83%, and the company’s assets exceeded the insurer’s gross liabilities by 31.61 times.
The company’s activities in the first quarter of 2025 were unprofitable: the insurer received a net loss of 801 thousand and an operating loss of 1.244 million UAH.
PJSC “SGU” was registered in November 2005. It has licenses to conduct 15 types of insurance activities, including four for compulsory insurance and 11 for voluntary insurance.
