In January-July 2024, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 504.7 million, which is 32.2% more than in the same period of 2023.
According to the insurer’s website, the number of contracts concluded during this period was 2.2 times higher.
Premiums for hull insurance amounted to UAH 395 million (+18.4% compared to 7 months of 2013), for MTPL – UAH 94.6 million (2.5 times more), for VHI – UAH 7.1 million (+9.7%), for other types of insurance – UAH 8 million (96.3%).
In July 2024, the company attracted UAH 79.1 million in premiums, which is 28.3% more than in July last year. In particular, motor hull insurance premiums amounted to UAH 59.5 million (+16.4%), and motor TPL premiums – UAH 17.5 million (2.1 times).
As reported, in January-July 2024, Express Insurance paid UAH 287.1 million in claims, which is 60.1% higher than in 2023. In particular, payments under motor hull insurance amounted to UAH 242.2 million, or 53.9%, under MTPL – UAH 37.6 million (+143.1%), under voluntary health insurance – UAH 3.4 million (-9.4%), payments under other insurance contracts – UAH 4 million (+40.7%).
In July 2024, the company paid out UAH 43.8 million to customers, which is 47% more than in July 2023. In particular, UAH 36 million (+35%) was paid out under motor hull insurance contracts, and UAH 6 million (+175.2%) under MTPL insurance contracts.
Express Insurance ALC was founded in 2008. It is part of the UkrAuto group of companies. The company specializes in motor insurance. Since April 2012, it has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
EXPRESS INSURANCE, IC, PAYMENTS
