Business news from Ukraine

Business news from Ukraine

IC “European insurance alliance” has increased collection of net premiums by almost 50% in first half of year

26 August , 2025  

PJSC “European Insurance Alliance” (Kiev) in January-June 2025 collected UAH 186.8 mln of net premiums, 48.71% more than in the same period a year earlier, as well as increased the volume of gross premiums by 35.5% – to UAH 194.05 mln.

This is evidenced by the data in the information of the rating agency “Standard-rating” on updating of the company credit rating/rating of financial stability (reliability) of the insurer at the level of “uaAA” on the national scale according to the results of the specified period.

As it is noted, receipts from individuals of the insurer for the first half of the year have grown by 75,33% – up to UAH 77,806 mln, and from reinsurers have decreased by 13,08% – up to UAH 0,412 mln. Thus, legal entities continue to prevail in the client portfolio of the company.

For six months of 2025 the company has paid out UAH 104,7 mln to clients – by 32,4% more than a year earlier.

According to RA data, as of July 2025 65,57% of the company’s liabilities were covered by liquid assets (cash, government bonds and bank deposits).

At the same time the company has formed a portfolio of financial investments, which consists of government bonds and bank deposits in the amount of UAH 124,558 mln, that positively influences its provision with liquid assets.

As of the beginning of Q3 2025, 38,91% of PJSC ‘European Insurance Alliance’ liabilities were covered by shareholders’ equity, and 4,92% of liabilities – by cash on accounts and cash equivalents.

PJSC ‘European Insurance Alliance’ has been operating in the insurance market of Ukraine since 1994. It is a member of the Auditing Commission of the MTSBU, a participant of the agreement on direct settlement of losses on compulsory insurance of civil liability of owners of land vehicles, a member of the Board of the Nuclear Insurance Pool of Ukraine.

The company provides 30 types of voluntary and compulsory insurance, including property, automobile, liability and personal insurance.