Business news from Ukraine

“Euroins Ukraine” increases premiums by 20.4%, claims by 41.5%

10 February , 2024  

In 2023, Euroins Ukraine Insurance Company (Kyiv) increased premiums by 20.4% compared to 2022, up to UAH 565 million, according to the insurer’s information.

Last year, the company concluded more than 662 thousand insurance contracts, which is 17% more than in the previous year.

The largest growth was recorded in hull insurance – by 24.3%, or UAH 69.737 million, health insurance (VHI) – by 109.9% (UAH 56.285 million), accident insurance – by 24.4% (UAH 2.528 million), and civil liability insurance for owners of land transport (including carrier liability) – by 2.6% (UAH 305 thousand).

The volume of paid indemnities in 2023 increased by 41.5% compared to 2022 to UAH 265.343 million.

“Euroins Ukraine is a universal insurance company that has been operating in the Ukrainian market since 1992. It is a part of the Bulgarian insurance group Euroins, which is one of the largest independent insurance groups operating in Central, Eastern and South-Eastern Europe. EIG is a subsidiary of Eurohold Bulgaria, a leading energy and financial group in Central, Eastern and South-Eastern Europe.

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