In 2024, ARX (risk insurance) and ARX Life (life insurance) insurance companies paid almost UAH 1.8 billion to customers, which is 23% more than last year, of which ARX paid UAH 1.72 billion (+24.6%), according to a press release from the insurer.
In 2024, hull insurance payments amounted to almost UAH 1.02 billion, which is 22% more than in 2023, motor third party liability – UAH 164 million (+ 41% by 2023), VHI – UAH 307 million (+ 16%), property insurance – UAH 97 million (+ 69%).
Every day, the company paid out an average of almost UAH 6.6 million to customers.
As reported, the total premiums of ARX and ARX Life insurance companies in 2024 amounted to UAH 4.6 billion, which is 15% more than in 2023. The amount of premiums collected by ARX Insurance Company for hull insurance policies amounted to UAH 2.4 billion (+22% compared to 2023), for MTPL – UAH 535 million (+21%), and for property insurance – UAH 532.8 million (+20%).
The net profit of ARX and ARX Life last year amounted to almost UAH 520 million.
ARX is the first insurer in Ukraine to offer military risk coverage of up to UAH 100 million through a strategic agreement with DFC. Previously, the maximum coverage amount was UAH 20 million.
