Business news from Ukraine

Business news from Ukraine

Alexander Sosis became owner of 99.999% of ASKA-Life shares

8 April , 2025  

Oleksandr Sosis owns 99.9999% of the shares of PJSC Ukrainian Joint-Stock Insurance Company ASKA-Life (Kyiv), according to the insurer’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC). As reported, according to the NSSMC, as of the end of 2024, 55.6667% of the company was owned by SCM Finance Limited, 44.3333% – by Alexander Sosis. At the same time, Sosis is the main shareholder of Alliance Bank (Kyiv) with a stake of 89.289%.

In October 2024, the Antimonopoly Committee of Ukraine (AMCU) granted him permission to acquire control over ASKA-Life.

On April 3, 2025, Anna Dugadko, a member of the Supervisory Board of ASKA-Life as a representative of SCM Finance Limited, was removed from the company’s Supervisory Board after the alienation of the beneficiary’s shares.

ASKA-Life Insurance Company was registered in 2003 and specializes in life insurance.

According to the NBU, in 2024, ASKA Life collected UAH 136.2 million in insurance premiums and made insurance payments of UAH 7.915 million. Its eligible assets amounted to UAH 215 million, and technical reserves amounted to UAH 121.145 million.

The authorized capital is UAH 49.625 million.

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