Business news from Ukraine

Business news from Ukraine

“Express Insurance” increased premiums by 32% in first half of 2025

15 July , 2025  

In January-June 2025, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 560.9 million, which is 32% more than in the same period of 2024, according to the insurer’s website.

Premiums under hull insurance contracts for this period amounted to UAH 380.4 million, which is UAH 44.9 million, or 13.4%, more than in January-June 2024, for MTPL – UAH 167.7 million (+90.6%), for other types of insurance – UAH 12.7 million.

The company reports that in January-June 2025, the total amount of insurance claims for insured events amounted to UAH 223 million. This includes UAH 176.3 million in payments to motor hull insurance customers and UAH 43.3 million to victims of motor TPL insurance.

As reported, as of March 31, 2025, the assets of Express Insurance amounted to UAH 940.6 million, which is UAH 149.1 million more than in 2024, their share in cash amounted to 89%, which ensures the company’s operational ability to pay compensation for insured events.

Express Insurance was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in automobile insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.

Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.

 

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