Business news from Ukraine

Business news from Ukraine

VUSO Insurance Company plans to pay out over 20 million UAH in dividends from retained earnings for 2024

26 March , 2026  

Shareholders of VUSO Insurance Company (Kyiv) plan to approve a resolution at the meeting scheduled for April 29 to allocate UAH 20.013 million from the remaining net undistributed profit for 2024, which totals UAH 98.811 million, for the payment of dividends.

As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining undistributed profit for 2024 in the amount of UAH 78.799 million will remain undistributed.

The meeting agenda states that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.

In addition, the shareholders plan to approve the results of financial and economic activities (annual financial statements) for 2025. And to leave the profit earned by the company in 2025 undistributed.

As reported, at a meeting held from December 4 to 9, 2025, the shareholders of IC “VUSO” decided to allocate UAH 20.013 million of the confirmed undistributed profit for 2024, amounting to UAH 118.824 million, for the payment of dividends. The remaining profit for 2024, amounting to 98.811 million, is to be retained.

VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.

In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023; the company’s net premiums increased by 25.55% to UAH 3.105 billion, and net earned premiums by 15.83% to UAH 2.737 billion. It paid out UAH 1.414 billion to clients, which is 45.40% higher than the volume of insurance payments and reimbursements for 2023.

As of January 1, 2025, the insurer’s assets increased by 25.76% to UAH 1.917 billion, equity by 22.45%

to UAH 755.839 million, liabilities increased by 28.01%—to UAH 1.161 billion,
cash and cash equivalents—by 36.09%, to UAH 758.730 million.

 

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