Business news from Ukraine

Business news from Ukraine

ARX Life increased its insurance premiums by 11.8% in first quarter

7 May , 2026  

ARX Life Insurance Company (Kyiv) collected insurance premiums totaling UAH 91.185 million in January–March 2026, which is 11.8% more than in the same period of 2025.

This was reported by the rating agency “Standard-Rating” in its update on the insurer’s credit rating/financial stability (reliability) rating, which was maintained at “uaAAA” on the national scale for the reporting period.

According to a statement on the rating agency’s website, the volume of payments and reimbursements made by the insurer in the first quarter of 2026 increased by 12.45% compared to the first quarter of 2025—to UAH 17.111 million. Thus, the insurer’s payout ratio increased by 0.11 percentage points to 18.77%.

The company’s acquisition costs for the first quarter of 2026 rose by 0.05% compared to the same period in 2025—to UAH 43.011 million.

In 2025, ARKS Life Insurance Company reported a net profit of UAH 21.094 million, which is 57.48% higher than in the first quarter of 2025.

As of April 1, 2026, the company’s assets increased by 2.67% to UAH 436.138 million, equity by 6.04% to UAH 370.181 million, liabilities decreased by 12.87% to UAH 65.957 million, and cash and cash equivalents increased by 21.49% to UAH 198.771 million.

Thus, as of the beginning of the second quarter of 2026, the company had a capitalization ratio of 561.25% and a coverage ratio of liabilities by cash and cash equivalents of 301.36%.

At the same time, RA notes that during the reporting period, the insurer made financial investments totaling UAH 226.044 million, consisting of government bonds and municipal bonds (84.71% of the portfolio) and deposits in banks with investment-grade credit ratings (15.29% of the portfolio).

ARX Life is part of the international insurance holding company Fairfax Financial Holdings Ltd. ARX Life ranks among the top ten companies in the life insurance market in Ukraine.

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