Business news from Ukraine

Business news from Ukraine

New life insurance premiums in Ukraine rose by 4.3%

4 June , 2026  

The volume of funds raised under new life insurance contracts in January–April 2026 increased by 4.3% compared to the same period in 2025, reaching UAH 454.8 million, according to the National Association of Insurers of Ukraine (NAIU), citing operational data from the PRIMA project.

“Citizens continue to show active interest in savings instruments, as evidenced by this growth,” the statement noted.

Particular attention should be paid to the stable trend in recurring premiums, which represent regular payments under long-term savings programs. This indicator remains at +13%. In addition, there has been a significant increase in revenue from single premiums (where the entire amount of insurance coverage is paid in a single lump sum at the time the contract is signed), with growth reaching 20.1%.

The total volume of insurance claims increased by 31%, amounting to UAH 699.6 million. The lion’s share comes from “survivorship” risk payouts, which showed a 37% increase.

“This is an entirely natural process, as the Ukrainian life insurance market has reached the stage of maturing classic 20-year contracts. Customers who signed contracts a decade ago are now receiving their accumulated funds along with accrued investment income, and these funds, in turn, are partially reinvested in new insurance products,” the report explains.

In the life insurance market, based on premiums collected for the specified period in 2026, MetLife Insurance Company continues to hold the top position with UAH 1.057 billion, TAS Insurance Company – UAH 339.3 million, Grave Life – UAH 198.9 million, PZU Life – UAH 138.5 million, ARKS Life – UAH 126.2 million.

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