Insurance company ARX in January-June 2023 collected UAH 1.7 billion of insurance premiums, which is 43% more than in the same period last year, according to the press release of the insurer.
It is also noted that the sum of gross premiums of ARX and ARX Life for 6 months of 2023 amounted to more than UAH 1,8 billion, which is 40% more than in the past. The profit of the two companies amounted to UAH 345.4 million.
ARX’s payout amounted to UAH 625 million in the first quarter, and it is 26% higher than in 2022. Every day the company pays more than UAH 4.7 mln of insurance indemnities.
Under hull insurance contracts in the reporting period was collected more than UAH 837 million, which is 43% more than last year. CASCO from ARX works abroad, allowing Ukrainians to get the necessary protection of their car outside Ukraine.
The sum of premiums on MTPL insurance is more than UAH 124 mln (+29% ), on medical insurance – UAH 332,6 mln (+16%), property insurance – more than UAH 185 mln (+46%).
ARX notes that it constantly develops new products and services. Within 6 months was launched a new product Pro_Vita – insurance for critical illnesses, which covers cancer at the initial stages (T1N0M0) and is valid in the territory of the whole world, except for Crimea and settlements where the state authorities of Ukraine temporarily do not exercise their powers.
Also an innovative service “CASCO policy without visiting the office” was introduced, which allows, when buying a CASCO policy abroad, to independently carry out photo and video fixation in the application for smartphones MyARX and send the received photos and video files to the insurance company.
IC “ARX” has been working in the insurance market for 26 years. According to its data, the company is the leader of CASCO insurance for the 12th consecutive year. It occupies the first place among insurers of Ukraine on the size of net insurance premiums and net insurance payments for 2021. It is part of the international insurance holding Fairfax Financial Holdings Limited (Canada).
