Business news from Ukraine

Business news from Ukraine

INGO Insurance Company Increased Gross Premiums by 38.3% in January–September

8 November , 2026  

In January–September 2026, ING Insurance Company collected 5.3 billion UAH in gross insurance premiums, a 38.3% increase compared to the same period in 2025, and paid out 1.82 billion UAH (+14.5%).

According to the insurer’s report, property and auto insurance make up a significant portion of ING Insurance’s insurance portfolio. Specifically, over the nine-month period, premiums for property insurance (excluding agricultural products) exceeded 1.05 billion UAH, while premiums for cargo, marine, aviation, and other transportation risks totaled 622.6 million UAH.

Premiums for mandatory auto liability insurance (OSAGO) reached 998.8 million UAH, and for comprehensive auto insurance (CASCO)—996.4 million UAH. Premiums received under international “Green Card” insurance contracts totaled 226.9 million UAH, medical insurance—971.7 million UAH, and health insurance (excluding medical insurance)—142.1 million UAH.

According to the company, the increase in insurance volumes was accompanied by a strengthening of its capital. As of September 30, 2026, INGO’s equity totaled 1.89 billion UAH, which is 26.3% more than in the first nine months of 2025.

As for insurance claims, the largest amounts were paid out for medical insurance (552.4 million UAH), mandatory civil liability insurance for vehicle owners (OSAGO) (447.8 million UAH), and comprehensive auto insurance (CASCO) (435.1 million UAH). Collectively, these three areas accounted for nearly 73% of the company’s total insurance claims.

Under property insurance policies, excluding agricultural produce, ING Insurance paid out 172.9 million UAH, while the “Green Card” program paid out 101.4 million UAH.

The company reports that from January through September 2026, it paid 347.4 million UAH in taxes to budgets at all levels.

INGO Insurance Company was founded in 1994. It ranks among the country’s top three insurers in terms of assets and premiums. It holds licenses to provide insurance in 18 classes.

The company has the status of a significant insurer, is a member of Ukrainian and international professional associations, and operates through a network of 25 branches, five offices, and nine service centers in various regions of Ukraine.

 

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