Insurance company “Guardian” (Kyiv) in January-March 2025 collected UAH 300.28 million of net insurance premiums, which is 37.58% more than in the same period last year, RA “Expert Rating” reported in information on updating the financial stability rating of the insurer at the level of “uaAA” on the national scale based on the results of the analysis of its activities for the reporting period.
The volume of gross written premiums received by “Guardian” ALC for the first quarter of 2025 increased by 18.27% to UAH 313.29 million compared to January-March 2024.
During the reporting period, the company paid UAH 102.602 million in indemnities (-24.5%). The insurer’s claims ratio decreased by 18.56 percentage points to 32.75%.
It is reported that as of March 31, 2025, the company’s equity increased by 7.13% to UAH 352.34 million. Gross liabilities for the same period decreased by 0.4% to UAH 687.74 million, the amount of cash and cash equivalents on the company’s accounts increased by 40.22% to UAH 153.44 million.
The agency notes that as of the reporting date, the insurer formed a portfolio of current financial investments in the amount of UAH 136.32 million, consisting of government bonds and government bonds, which are considered liquid instruments with a low level of credit risk.
The RA reports that based on the results of its activities in the first quarter of 2025, Guardian Insurance Company received an operating profit of UAH 3.94 million against an operating loss for the same period in 2024. The insurer’s net profit increased by 5.2 times to UAH 2.01 million compared to the first quarter of last year.
The insurer confirmed to RA that as of March 31, 2024, it complied with the requirements for solvency and assets of the insurer, the statement said.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. In January 2020, it became a full member of the MTIBU and has the right to sell Green Card policies.
In October 2020, by the decision of the general meeting of members of the Nuclear Insurance Pool of Ukraine, Guardian Insurance Company became a member of the pool.
Kremenchuk Road Machines Plant (Kredmash JSC, Poltava region) reduced its net sales revenue by 23% in 2024 compared to 2023, to UAH 143.65 million.
According to the company’s annual report published on Tuesday in the disclosure system of the National Securities and Stock Market Commission, the loss decreased by almost 23% to UAH 13.08 million, which is the same as the preliminary data published earlier.
Last year, the plant received UAH 13.3 million in losses from operating activities (16.5% less than in 2023), and gross profit amounted to UAH 17.2 million (-15.7%).
“In the report, Kredmash notes that in 2024 it sold only two asphalt mixing plants, while a year earlier it sold three. The company also sold consumer goods for UAH 58.7 million, spare parts for construction and road equipment for UAH 18.8 million, and wheeled vehicles for UAH 1.12 million.
According to the plant, asphalt and soil mixing plants accounted for 42.7% of total production last year, 14.3% for spare parts, 37.9% for fuel and energy, and 5.1% for other types of production: casting, installation and commissioning.
“In 2024, Kredmash exported products worth UAH 63.6 million (45.1% of sales), mostly to neighboring countries.
Asphalt mixing plants were purchased by Kharkiv-based Nanoexpo+ LLC (for UAH 34.8 million) and Mykolaiv-based ABZ Alliance (UAH 17.7 million), while fuel and lubricants were supplied, in particular, to Asimega (Uzbekistan) for UAH 12.1 million, Baiterek (Kazakhstan) for UAH 39 million; spare parts were supplied to Kredmash Impex LLC (Kazakhstan, Moldova, Georgia) for UAH 7.4 million.
The main suppliers of products are Ukrainian companies. For example, a branch of Metinvest-SMC LLC (Kremenchuk) is a supplier of rolled metal products, Interpipe Ukraine (Dnipro) is a supplier of pipes, Tact LLC (Dnipro) is a supplier of structural steel sections, Camozzi LLC (Kyiv) is a supplier of pneumatic equipment, and Spetsstal Trade LLC (Kropyvnytskyi) is a supplier of ferroalloys.
“Production activities of PrJSC “Kredmash” are related to the implementation of state programs for the construction and operation of roads. At present, the programs have been curtailed, which negatively affected production and sales volumes,” the report states.
This year, the company plans to manufacture new types of road construction equipment, including a bulk material packing plant with a capacity of up to 20 tons per hour and a mixing plant for dry mixes with a capacity of 15 tons per hour.
According to the company, the average number of employees decreased by 31% to 746 people compared to 2023. The average monthly salary at the end of the year amounted to UAH 8.67 thousand.
“The debt on bank loans as of December 31, 2024 is UAH 20 million, there are no wage arrears and no budget arrears,” the report states.
As reported, in 2023, Kredmash reduced its net income by 36% year-on-year to UAH 186.4 million, while reducing its loss by 44% to almost UAH 17 million.
In pre-war 2021, the plant sold products worth UAH 1.2 billion. In June 2022, the plant’s industrial facilities were partially destroyed as a result of an enemy rocket attack on Kremenchuk.
Lita Plus plastic surgery clinic relocated from Kiev region will open a plastic surgery clinic in Zakarpattya region, Lita Plus clinic founder Serhiy Derbak said.
“We moved the clinic to Uzhgorod together with the equipment and the team, which is 35 people. Our clinic was located in Irpen, and it was completely destroyed during the hostilities, so we simply had no place left to operate,” he said in an interview with the agency ‘Interfax-Ukraine’.
Derbak noted that after the aggressor destroyed a clinic in the Kiev region, “the decision to build a clinic in Uzhgorod was natural.”
“We saw another important factor – logistics for patients. I conducted a statistic: 80% of our patients today come from abroad. These are Ukrainians who left during the war, but return to Ukraine to receive medical services. That is why medical services will remain very important for Transcarpathia as a region. And that is why we have decided: we will build here,” he said.
Derbak noted that the clinic project will consist of two buildings – surgical and hospital.
“One building is a completely new surgical center with an area of 1000 square meters, equipped, in particular, and its own bunker – with all the necessary security elements, which, unfortunately, were very much needed in Bucha. The new clinic has already taken all these risks into account. Perhaps it is a consequence of traumatic experience, but I don’t want to experience something like that again. The second building is the reconstruction of the existing building for the hospital,” he said.
Derbak noted that “the surgical building is designed according to the highest standards: even open-heart surgeries can be performed there – with proper ventilation, air sterilization and all medical requirements”.
The next stage of the project’s development will be the opening of a large balneological department.
“We have already conducted two wells – to a depth of 1,200 and 800 meters – and have thermal rhodon water, which is ideal for treating scars. After the war, we plan to operate as a specialized plastic surgery clinic for patients with scar deformities. In addition, we will create a rehabilitation center for the military: we will combine surgical care, balneological treatment, physical rehabilitation after injuries, surgeries, burns and contractures,” he said.
Forecast of dynamics of changes in Ukrainian GDP in % for 2022-2025 in relation to previous period
In 2024, the insurance company Ukrainian Insurance Group (Kyiv) collected UAH 3.01 billion in gross premiums, which is 2.49% more than a year earlier.
This is reported on the website of the rating agency Standard-Rating, which affirmed the financial strength rating/credit rating of the insurance company at uaAA+ for the reporting period.
At the same time, revenues from individuals in 2024 decreased by 7.10% to UAH 1.647 billion, and from reinsurers decreased by 30.75% to UAH 7.003 million. At the end of 2024, the share of individuals in the company’s gross premiums amounted to 54.71%, and the share of reinsurers – 0.23%.
Insurance payments sent to reinsurers in 2024 decreased by 4.24% compared to 2023 – to UAH 489.786 million, the participation ratio of reinsurance companies in insurance premiums decreased by 1.15 percentage points to 16.27%.
The company’s net written premiums increased by 3.91% to UAH 2.52 billion, while net earned premiums decreased by 4.18% to UAH 2.442 billion.
The volume of insurance payments and reimbursements made by “USG” in 2024 amounted to UAH 1.532 billion, which is 3.67% more than in 2023. Thus, the level of payments increased to 50.90%.
The RA also reports that the financial loss from operating activities amounted to UAH 53.076 million (UAH 24.6 million a year earlier), net profit was UAH 23.216 million (UAH 109 million).
As of January 1, 2025, the companies’ assets increased by 9.50% to UAH 2.989 billion, equity increased by 4.20% to UAH 622.670 million, liabilities showed an increase of 10.98% to UAH 2.366 billion, and cash and cash equivalents decreased by 72.13% to UAH 231.658 million.
Thus, as of the beginning of 2025, the company had a satisfactory level of capitalization (26.32%), and cash covered 9.79% of its liabilities.
At the same time, the RA notes that as of the reporting date, the insurer has formed a portfolio of financial investments in the amount of UAH 1.665 billion, consisting of government bonds and government bonds (81.66% of the portfolio) and deposits in banks with a high credit rating (18.34% of the portfolio).
As reported, the controlling shareholder of USG Insurance is Vienna Insurance Group, an international insurance group headquartered in Austria, represented by 50 companies in 30 countries and a leader in the insurance market of Central and Eastern Europe.
Breast implant sales statistics show no trend toward “naturalness” in aesthetic medicine, according to plastic surgeon and founder of the Lita Plus clinic Sergey Derbak.
“We often discuss this issue with colleagues. I’ll be frank: I am well aware of the statistics on implant placement in Ukraine. Our clinic performs the largest number of breast augmentation surgeries in the country, so we see the real figures. And I can say with confidence that talk of ‘naturalness’ is mainly a PR stunt by bloggers and opinion leaders who want to stand out amid the general popularity of plastic surgery. In fact, there is currently a real boom in breast and lip augmentation, and it is not abating. There is no statistical evidence of a mass rejection of plastic surgery,” he said in an interview with Interfax-Ukraine.
Derbak noted that implant sales statistics show that “the smaller the implant, the more patients want a natural look.”
“In Latin America, the average implant volume exceeds 450 ml, which is approximately a size 4 breast. In Germany, the average volume is about 220 ml, which is in line with the trend toward naturalness. In Ukraine, the average implant volume is 350-400 ml, which is larger than a size 3 breast. Interestingly, round implants sell better than anatomical ones, and this trend has been growing over the last three years, since the start of the full-scale war,” he said.
According to Derbak, ”today, compared to before the war, the volume of implants has increased.”
“Over the past year, the average implant size has been plus or minus 400 ml. So I would say that stories about naturalness are more a case of wishful thinking. In reality, this is not the case,” he said.
