PJSC “Insurance company “Prestige” (Kiev) has finished January-March this year with net premiums of UAH 11.773 million, which is 3.6% less than during the same period a year earlier, according to the insurer in the information disclosure system of the National Commission on Securities and Stock Market (NKTSBFR).
According to it, the gross premiums of IC for the first quarter decreased by 18%, to 15,5 mln UAH, transferred to reinsurers increased by 4,3% – to 5,6 mln UAH.
The company paid out UAH 2,6 mln (-19,1%) in the Q1 of the current year. Administrative expenses increased to UAH 820 ths (+16.5%), and sales expenses increased to UAH 8.238 mln (+3.2%).
Pre-tax financial result made UAH 476 th. (-15.3%), net profit – UAH 15 th. (-44.5%).
Private JSC “IC “Prestige” has been established in 2012. Shareholders are individuals – citizens of Ukraine. The company has 14 licenses for voluntary insurance and 11 licenses for obligatory insurance.
