In June 2023, TAS Insurance Group (Kyiv) collected UAH 309.18 million in payments, which is 46.9% more than the amount of premiums raised in June 2022, according to its website.
It is noted that almost a quarter of the insurer’s revenues for the reporting period – 23.37% – came from hull insurance, which collected UAH 72.25 million in payments (+17.3%).
The company’s revenues from MOTPL policies increased by 33.1% to UAH 107.91 million in payments and accounted for 34.9% of the total premiums collected in the month. Under the Green Card, the company attracted UAH 82.35 million in payments, which is 26.63% of the total proceeds of the insurer for the reporting period and 74.8% higher than in June last year.
In turn, the share of VHI in the company’s revenue portfolio amounted to 5.29%, or UAH 16.36 million of insurance premiums in June 2023. Property insurance contracts amounted to UAH 4.13 million (+22.2%).
The company’s revenues from other insurance contracts amounted to UAH 26.18 million in June.
Abnormal heat continues to inconvenience residents of several southern European countries, particularly Spain and Italy, European media reported on Wednesday.
Temperatures in Sicily approached 47 degrees Celsius during the day, with the highest temperatures recorded in Agrigento and Trapani. The island’s health services report a 20% increase in the number of citizens’ visits to hospitals.
In at least 20 cities in Italy continues to operate introduced by the authorities of the heightened level of danger due to the heat wave. We are talking, including Rome, Florence and Bologna. Italian Health Minister Orazio Scilacci urged residents and tourists to be extra vigilant and avoid staying in direct sunlight from 11:00 to 18:00. Meanwhile, Rome is experiencing power outages amid a surge in the use of air conditioners.
Spanish meteorological services on Wednesday reported that the average temperature of coastal waters broke the record for this time of year. Thus, the water warmed to an average of 24.6 degrees Celsius, 2.2 degrees higher than the average for this time. In some parts, the water temperature exceeded 28 degrees Celsius.
The situation is difficult in Greece and Cyprus. Greek forecasters are recording peaks of 39 degrees Celsius in the east of the country and 41 degrees in the west. In addition, Athens is expecting 43 degrees Celsius by the weekend. In Cyprus, temperatures of around 40 degrees Celsius are being recorded, with the situation forecast to worsen on Friday and Saturday, which is expected to be even hotter.
In Greece, natural fires continue to spread amid the 40-degree heat wave. Hundreds of people have been evacuated. Firefighters from other countries, including Poland, Romania and Slovakia, are involved in the fight against the fire.
On the eve in a number of regions in the south-east of France recorded temperature records. In the department of Ariège the air warmed up to 40.6 degrees Celsius for the first time in the history of meteorological observations. Record temperature was also recorded in Renno in Corsica – 38.3 degrees Celsius.
In addition, the water in the Mediterranean Sea near Nice warmed to 29.2 degrees Celsius, the highest ever recorded in the region.
The World Meteorological Organization (WMO) warned the day before that temperatures above 40 degrees Celsius will last in many parts of the world for several days.
USAID will work with the U.S. Congress to invest an additional $230 million of new resources in Ukrainian businesses, particularly to help businesses comply with European Union regulations and export more goods and services to Europe, USAID Chief Samantha Power said.
“USAID will work with the U.S. Congress to invest $230 million of new resources in Ukrainian businesses. This will include everything from technical assistance to businesses that want to scale and expand, technical assistance to help them comply with EU regulations so they can export more of their products and services to Europe and create more jobs for more Ukrainians,” she said at a briefing in Kyiv on Wednesday.
At the same time, she emphasized that businesses cannot grow unless they are provided with affordable capital. Power noted that many financial institutions consider investments in Ukrainian businesses too risky.
“So we are going to expand the use of instruments such as low-interest loans or grants for businesses, first-loss guarantees that will reduce the risk of investing in Ukraine. And we’re going to work together to attract more investment and more private sector participation here in Ukraine, which again is an investment in the resilience of today and also in the economy of tomorrow,” she said.
As Power noted, this new commitment is “just one of many that the United States has made to the Ukrainian people this week.”
The national humanitarian aid agency Zdorovi has received the status of a critically important charity organization.
As the Interfax-Ukraine agency was informed in Zdorovi, the status was confirmed by the corresponding official letter of the Ministry of Health.
In 2022, the Zdorovi Charitable Foundation created a humanitarian association of more than 65 international organizations and attracted UAH 1.68 billion as part of the project of critical humanitarian response for the medical industry Help Ukraine.
In the first half of 2023, Zdorovi transferred aid to 462 medical facilities in all regions of the country, including frontline and de-occupied territories and in the war zone.
“I am grateful to the partners for their support and quick response to requests from Ukrainian hospitals. I am grateful to our medics who show heroism at their workplaces on a daily basis. I am grateful to our team, which is not afraid to take responsibility in the most difficult situations. We are moving forward and, thanks to our Defenders, we are working not only to solve current problems, but also to build a long-term strategy for the restoration of Ukrainian medicine” – emphasized the founder of ZDOROVI Natalia Tulinova.
Partners of Zdorovi Foundation are, in particular, such international organizations as the International Renaissance Foundation, Razom for Ukraine, NOVA Ukraine, Americares, USAID, PHILIPS and others.
The number of houses, construction of which was started in the United States in June, decreased by 8% compared to the previous month and amounted to 1.434 million in terms of annual rates, according to the report of the Ministry of Commerce of the country.
According to the revised data, in May the number of new buildings amounted to 1.559 million, not 1.631 million, as previously announced.
Experts had forecast the figure to fall to 1.48 million from the previously announced May level, according to Trading Economics.
Construction of single-family homes fell 7% last month to 935,000. In the case of multifamily (including apartments and condominiums), a more volatile segment of the market, the number of new construction fell 11.6% to 482,000.
The number of building permits for new homes issued in the U.S. in June fell 3.7% to 1.44 million at an annualized pace from a revised 1.496 million a month earlier.
Analysts had expected the number of permits to fall to 1.49 million from the previously announced May figure of 1.491 million.
Kernel Agroholding’s assets in the port of Chernomorsk were subjected to a massive missile attack from Russia on Wednesday and suffered significant damage, the company said in a statement on the Warsaw Stock Exchange.
“The company’s grain handling facilities as well as grain stored at the Chernomorsk port were significantly damaged. Initial assessments indicate that it will take considerable time to return the assets to working condition,” Kernel said.
Reports of the damage led to a collapse of the share price on the exchange from PLN13.53 to PLN12.34 and high volatility: at one point they managed to recover the fall, but by 15:00 local time they were quoted at around PLN12.7-12.9, about 5% below the opening price.
As reported, the company’s CEO Yevhen Osipov in early July at a meeting of the grain club of the Ukrainian Grain Association reported on the need for further development of alternative corridors for export of Ukrainian agricultural products already built on the Danube and assured that Ukraine can fulfill forward deliveries through them.
Before the war, Kernel Agroholding ranked first in the world in the production of sunflower oil (about 7% of world production) and its export (about 12%). The company is one of the largest producers and sellers of bottled oil in Ukraine. In addition, the agroholding is engaged in the cultivation of agricultural products and their realization.
The largest co-owner of Kernel through Namsen Ltd. – is Ukrainian businessman Andriy Verevsky with a 41.3% stake, who recently proposed delisting the company from the Warsaw Stock Exchange and buying back shares from other shareholders.
Kernel’s net profit for the first nine months of 2023FY (Jan-March 2023) rose 36% to $437 mln, while revenue fell 45% to $2.715 bln.
