Insurance Company “Busin” (Kyiv) in January–June 2026 collected UAH 134.1 million in gross premiums, which is 16.2% more than during the same period a year earlier, according to a report by Standard-Rating on the update of the insurer’s credit rating/financial stability rating at the “uaAA+” level on the national scale, based on an analysis of the specified period.
It is noted that premiums from individuals increased 9.72-fold—to 797,000 UAH—while those from reinsurers decreased by 49.92%, to 8.524 million UAH.
Premiums ceded to reinsurers during this period fell by 21.95% to 107.401 million UAH. Consequently, the reinsurers’ share of insurance premiums decreased by 39.18 percentage points to 80.11%.
Net premiums rose to 26.668 million UAH, while net earned premiums increased by 25.45% to 43.172 million UAH.
In the first half of 2026, the company paid out UAH 937,000 in insurance benefits and claims to clients, which is 10.65 times more than in the first half of 2025. Consequently, the payout ratio increased by 0.62 percentage points to 0.70%.
The agency notes that in the first six months of 2026, the insurer’s operating profit rose to 6.479 million UAH, and net profit to 15.960 million UAH.
Its assets grew by 8.81% to 304.146 million UAH, equity by 3.01%, to 201.390 million UAH, liabilities by 22.29%, to 102.756 million UAH, while cash and cash equivalents decreased by 4.41% to 231.441 million UAH.
Insurance Company “Busin” was registered in February 1993. It specializes in risk insurance. It is a member of a number of professional and industry associations—the League of Insurance Organizations of Ukraine, the Insurance Claims Club, the International Association of Aviation Insurers (UA), the Nuclear Insurance Pool, the American Chamber of Commerce in Ukraine, and the British Business Club.
