Insurance company Quorum (Kyiv) in January-June 2025 has collected insurance premiums in the amount of UAH 37,486 mln, that is by 24,82% more than in the same period of 2024, informed the rating agency (RA) Standard-Rating in the information on updating the credit rating / financial strength rating of the company on the national scale at the level “uaAA”.
The agency specified that it updated the rating based on the analysis of the company’s performance results for the outlined reporting period.
Receipts from individuals in IC have grown by 23,55% – up to UAH 22,635 m, and receipts from reinsurers have been absent. The share of individuals in gross premiums following the results of the first half of 2025 amounted to 60,38%.
Insurance payments sent to reinsurers in the first half of 2025 amounted to UAH 3,009 mln, which is by 69,01% less than in the first half of 2024. Thus, the ratio of reinsurers’ participation in insurance premiums has decreased by 24,30 p.p. to 8,03%.
Net premiums of the company for the mentioned period have increased by 69,65% – up to UAH 34,477 mln, and net earned premiums – by 70,26% – up to UAH 34,332 mln.
The volume of insurance payments and indemnities has grown by 44,71% – up to UAH 4,991 mln. Thus, the level of payments has increased by 1,83 p.p. – up to 13,31%. RA notes that the company’s profit from operating activities for the first half of 2025 amounted to UAH 4,287 mln, and net profit – UAH 3,144 mln. Assets have grown by 6,28% – up to UAH 74,281 mln, shareholders’ equity – by 5,12%, up to UAH 64,564 mln, liabilities – by 14,65%, up to UAH 9,717 mln, cash and cash equivalents – by 11,38%, up to UAH 55,525 mln.
IC Quorum was established in March 2014, specializing in risk insurance.
