Business news from Ukraine

Business news from Ukraine

Insurance company VUSO collected nearly UAH 3 billion in net premiums in January-September 2025

3 November , 2025  

In January-September 2025, VUSO (VUSO Kyiv) collected UAH 2.884 billion in net premiums, which is 43.2% more than in the same period of 2024. According to the company’s interim report posted on the NSSMC’s information disclosure system, gross premiums amounted to UAH 3.728 billion (+49.5%), and premiums ceded to reinsurance amounted to UAH 417.8 million, which is 47.7% more than in the first nine months of 2024.

During this period, the company paid out UAH 1.227 billion, which is 18.2% more than during the same period a year ago.

Gross profit for the reporting period amounted to UAH 1.532 billion (+73.5%), the cost of goods sold was UAH 124.8 million (+34.5%), and administrative expenses were UAH 203.6 million (+36.5%).

The financial result from operating activities of VUSO Insurance Company for nine months amounted to UAH 267.9 million (+45.8%), the financial result before taxation amounted to UAH 331.9 million (+59.5%), and net profit amounted to UAH 201.1 million, which is 2.14 times more than in the same period a year earlier.

VUSO Insurance Company was founded in 2001. It has 50 insurance licenses, 34 representative offices, two branches, and more than 20 agency sales centers throughout Ukraine, with over 700 professionals. It is a member of the Motor Transport Insurance Bureau of Ukraine, the National Association of Insurance Companies of Ukraine, and the Nuclear Insurance Pool.

According to the National Bank of Ukraine, VUSO Insurance Company is among the top 10 risk insurance companies in Ukraine in terms of premiums collected for the first six months of 2025.