Business news from Ukraine

Business news from Ukraine

European Insurance Alliance paid out over UAH 104 mln to customers in first half of year

14 August , 2025  

In January-June 2025, the European Insurance Alliance insurance company paid out UAH 104.7 million in compensation under insurance contracts, which is 32% more than in the same period of 2024, according to the insurer’s website. According to the information, 52% of the total amount of payments was for medical insurance, 25% for compulsory civil liability insurance for drivers (OSAGO), 20% for comprehensive car insurance, and 3% for other types of insurance.

European Insurance Alliance LLC was founded on September 22, 1994. The company is a member of the Motor (Transport) Insurance Bureau of Ukraine, the League of Insurance Organizations of Ukraine, and the Nuclear Insurance Pool of Ukraine.

The company has a license from the National Bank of Ukraine dated April 25, 2024, to conduct insurance activities in 16 classes, including property, motor vehicle, liability, and medical insurance. The authorized capital is UAH 55 million.

 

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