Business news from Ukraine

IC Inter-Policy plans to increase its authorized capital by UAH 17.7 mln

9 February , 2024  

Inter-Policy Insurance Company (Kyiv) plans to increase its authorized capital by 58.4%, or by UAH 17.691 million to UAH 48 million, according to the agenda of the shareholders’ meeting scheduled for February 29, 2024, in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).

According to the document, the issue will be carried out through the issue of 31,422 thousand shares of the existing nominal value.

As reported, Inter-Policy Insurance Company was founded in 1993. It has 20 licenses for voluntary and compulsory insurance, as well as branches and representative offices in all major regional centers of the country.

According to the NSSMC, as of the second quarter of 2023, 50.0046% of the insurer’s shares were owned by JSC Ukrzaliznytsia, 9.9608% by IC Vostok-Zakhid, 9.96%, 9.786%, 5.312% and 5.076% by individuals.

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