The insurance company “Knyazha Life Vienna Insurance Group” (Kyiv) collected 25.2 million UAH in insurance premiums from January through June 2026, which is 7.32% less than in the same period of 2025.
This was reported by the rating agency “Standard-Rating” on its website in an announcement confirming the company’s financial stability rating/credit rating at the “uaAA+” level based on the results of the reporting period.
It is noted that the insurer’s total insurance payments and claims settlements amounted to 23.986 million UAH, which was 57.97% higher than the amount of payments for the same period in 2025. Thus, the payout ratio rose to 95.10%.
The insurer’s acquisition costs for the first half of 2026 totaled 0.324 million UAH, which is 30.47% less than in the first half of 2025. Net profit amounted to 25.613 million UAH, whereas the insurer had reported a loss for the corresponding period in 2025.
As of July 1, 2026, the company’s assets grew by 5.92% to 1.060 billion UAH, equity by 9.48% to 324.824 million UAH, and liabilities by 4.42% to 735.353 million UAH, while cash and cash equivalents decreased by 23.05% to 6.813 million UAH, and government bonds and bank deposits—as part of current financial investments—increased by 6.88% to 1.028 billion UAH.
Thus, as of the beginning of the second half of 2026, the equity of IC “Knyazha Life Vienna Insurance Group” covered 44.17% of its liabilities, and 0.93% of liabilities were secured by cash and cash equivalents.
The RA also reports that as of the reporting date, the insurer had formed a portfolio of current financial investments totaling 1.028 billion UAH, which included bank deposits and investments in government bonds. Thus, liquid assets (cash and cash equivalents, bank deposits, and government bonds) exceeded the insurer’s liabilities by a factor of 1.41.
The RA notes that the company’s high level of external support is provided by its shareholder—the international insurance group Vienna Insurance Group Wiener Städtische Versicherung AG, headquartered in Austria, which is represented by 50 companies in 30 countries and is a leader in the insurance market of Central and Eastern Europe.
