Insurance company Knyazha Vienne Insurance Group (Knyazha VIG”, Kyiv) in January-June 2025 collected UAH 1.808 billion of insurance payments, which is 58.61% more than in the same period a year earlier, net premiums amounted to UAH 1.161 billion (+17.21%). This information has been published by Standard-Rating, having confirmed the financial strength/credit rating of the insurer at the level of “uaAA+” following the results of the specified period.
According to the RA website, for the specified period receipts from individuals have grown by 61,71% – up to UAH 1,310 billion, and from reinsurers – by 77,13%, up to UAH 3,943 mln.
According to the results of the first half of 2025, the share of individuals in the gross premiums of the company amounted to 72,43%, and the share of reinsurers – 0,22%.
Insurance payments sent to reinsurers, for the first half of 2025 compared to the same period of 2024 have increased more than in 4,3 times – up to UAH 646,786 mln. Thus, the ratio of reinsurance companies’ participation in insurance premiums has increased by 22,69 p.p. up to 35,78%. – up to 35,78%.
The volumes of insurance payments and indemnities made by the company in the first half of 2025, compared to the same period of 2024, have increased by 39,11% – up to UAH 615,675 mln, the level of payments has decreased by 4,78 p.p. – to 34.05%.
Operating profit for 6M. 2025 increased 14.27 times to UAH 109.577 mln, and net profit increased 6.4 times to UAH 144.258 mln.
Assets of the company as of July 1, 2025 increased by 28.27% – to UAH 2.796 billion, shareholders’ equity – by 33.83% – to UAH 602.017 million, liabilities – by 26.82% – to UAH 2.194 billion, cash and cash equivalents – by 5.81% – to UAH 86.279 million.
RA notes that as of the beginning of Q3 2025 the company had a satisfactory level of capitalization (27,44%), and cash covered 3,93% of its liabilities. At the same time, on the reporting date the insurer has made current financial investments in the amount of UAH 1,404 billion, which consisted of government bonds (77,89% of the investment portfolio), as well as of deposits in banks with a high level of credit rating (22,11% of the portfolio). Liquid assets have covered 67,95% of insurer liabilities.
Private JSC IC Knyazha Viena Insurance Group is a part of NFG Vienna Insurance Group Ukraine, the main shareholder of which is Vienna Insurance Group AG Wiener Versicherung Gruppe (Austria).
