Business news from Ukraine

Business news from Ukraine

Number of Life Insurance Policies Is Growing in Ukraine — NASU

22 June , 2026  

The portfolio of new life insurance policies issued by companies in Ukraine for January–May 2026 exceeded last year’s figures by 3.5% and totaled 556 млн грн, according to the website of the National Association of Insurers of Ukraine (NASU).

“The main feature of the current phase is steady growth in regular premiums. Customers continue to show high demand for financial savings instruments,” the statement notes.
In addition, regular premiums paid by customers under existing long-term policies rose by 13%. At the same time, significant progress has been observed in the single-premium segment, where premiums increased by 18.8%.

NASU also notes that during the reporting period, life insurers’ payouts rose by 31% to 870.5 million UAH. Of this amount, 39% consists of payouts upon policy maturity (payouts for the “survivorship” risk), which is 2 percentage points higher than a year earlier.
“This situation is entirely expected, as insurers are actively settling obligations under traditional policies issued more than 20 years ago. Customers are withdrawing their accumulated capital, along with accrued interest, and quite often reinvesting these funds into new policies,” the report states.

NASU also reports that for the first five months of 2026, the ranking of life insurers by premiums written continues to be led by MetLife Insurance Company with 1.318 billion UAH, followed by TAS Insurance Company with 424.9 million UAH, Grave Ukraine Life Insurance with 245.3 million UAH, PZU Life – 171.9 million UAH, and ARX Life – 150.6 million UAH.

Ranking by claims paid: MetLife – 290.9 million UAH, TAS Insurance Company – 218.5 million UAH, Grave Ukraine Life Insurance – 187.7 million UAH, UNIQA Life – 79.2 million UAH, PZU Life – 33.5 million UAH.
As previously reported, as of June 1, 2026, there were 10 life insurance companies operating in Ukraine.