Business news from Ukraine

Business news from Ukraine

Forte Life’s net profit for first half of year increased 2.7 times

12 August , 2025  

Insurance company Forte Life (Kyiv) collected UAH 24.165 million in net premiums in January-June 2025, which is 9.96% more than in the same period of 2024.

According to the company’s report in the NSSMC’s information disclosure system, in the first half of the year, the company paid out UAH 8.516 million, which is 24.8% more than in the same period a year earlier.

Administrative expenses amounted to UAH 1.427 million (+3.7%), other expenses amounted to UAH 1.515 million (3.6 times more).

The financial result before taxation amounted to UAH 8.970 million (2.5 times more), and net profit increased 2.7 times to UAH 7.140 million.

Forte Life Insurance Company (formerly Insurance Union of Life) was registered in 2005 and specializes in providing life insurance services.

According to the National Securities and Stock Market Commission, Oksana Kuleshina owns 99.8% of the insurer’s shares.

 

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