Insurance companies ARX (risk insurance) and ARX Life (life insurance) paid out UAH 2.1 billion to customers in 2025, which is 18% more than a year ago, collecting UAH 6.08 billion in insurance premiums (+32%), the company reported.
It is noted that the most powerful driver of ARX’s growth was compulsory civil liability insurance (OSCPV), under which it collected UAH 913.6 million in premiums, 2.6 times higher than in 2024.
CASCO brought the insurer UAH 2.81 billion (+18%), property insurance – UAH 915.1 million (+72%), and voluntary medical insurance (VMI) – UAH 488.4 million (+11%).
ARX Insurance Company also reports that it consistently supports the Armed Forces and people who have gone through the war. In total, since the beginning of the full-scale invasion, UAH 102.63 million has been transferred to help Ukrainian defenders, of which UAH 10.52 million has been allocated to support veterans.
ARX Insurance Company and ARX Life are part of the international insurance holding company Fairfax Financial Holdings Ltd. ARX Insurance Company is one of the top five insurance companies in Ukraine in terms of premiums collected and payments made.
Insurance company ARX (Kyiv) made payments totaling UAH 50.831 million in January-September 2025 under military risk insurance, according to information from the insurer.
Payments were made for 104 insured events. Of these, 97 related to motor vehicles insured against damage or destruction as a result of damage or total loss of the vehicle from missiles and drones, including damage from their debris, or debris from structures and trees caused by the fall of such debris.
In addition, seven cases involved payments under insurance contracts for buildings and structures with finishes and communications, integral property complexes, as well as equipment, office equipment, and inventory damaged as a result of rocket and/or drone attacks, for a total amount of over UAH 40 million.
ARX is part of the international insurance holding company Fairfax Financial Holdings Ltd.
In January-March 2025, ARX Insurance Company (ARX, Kyiv) collected gross insurance premiums in the amount of UAH 1.313 billion, which is 38.67% more than a year earlier, and net premiums in the amount of UAH 1.261 billion (37.11%).
These statistics are provided on the website of RA Standard-Rating regarding the update of the company’s credit rating/financial stability (reliability) rating at the level of “uaААА” on the national scale based on the results of the first quarter of 2025.
Revenues from individuals increased by 40.33% to UAH 711.167 million, while revenues from reinsurers decreased by 44.65% to UAH 2.967 million. Thus, at the end of the first quarter of 2025, individuals accounted for 54.18% of the insurer’s gross premiums, while reinsurers accounted for 0.23%.
Insurance payments sent to reinsurers in January-March 2025 increased by 91.63% compared to the same period in 2024, to UAH 51.912 million. The share of reinsurance companies in insurance premiums increased to 3.96%.
The volume of insurance payments made by the insurer in the first quarter of 2025 increased by 13.92% compared to the first quarter of 2024, to UAH 491.205 million. Given the higher growth rate of gross premiums compared to insurance payments, the level of payments decreased by 8.14 percentage points, to 37.42%. to 37.42%.
As of April 1, 2025, the company’s assets grew by 6.41% to UAH 5.555 billion, equity increased by 1.99% to UAH 2.686 billion, liabilities increased by 10.90% to UAH 2.869 billion, cash and cash equivalents grew by 41.96% to UAH 1.161 billion.
According to the results of the first three months of 2025, the operating loss amounted to UAH 30.5 million, and net profit amounted to UAH 52.513 million.
The information also reports that as of the beginning of the second quarter of 2025, the insurer made financial investments in the amount of UAH 2.664 billion, consisting of government bonds (73.83% of the investment portfolio) and deposits in banks with an investment credit rating (26.17% of the portfolio). Thus, as of the reporting date, the liquid assets exceeded the liabilities of ARX Insurance Company by 1.33 times.
ARX Insurance Company was established in 1994 and is part of the international insurance holding company Fairfax Financial Holdings Ltd. ARX Insurance Company is one of the five leading insurance companies in Ukraine in terms of premiums collected and payments made. It has been the leader in the CASCO segment of the Ukrainian market for 16 years.
In 2024, “Insurance Company ‘ARX’ PrJSC (ARX, Kyiv) collected gross insurance premiums in the amount of UAH 4.280 billion, which is 15.94% more than a year earlier.
These statistics are available on the website of RA Standard-Rating on the update of the company’s credit rating/financial strength (reliability) rating at uaAAA according to the national scale in 2024.
Income from individuals increased by 13.20% to UAH 2.617 billion, and from reinsurers increased 2.2 times to UAH 14.268 million. Thus, at the end of 2024, the share of individuals in the insurer’s gross premiums amounted to 61.14%, and the share of reinsurers – 0.33%.
In 2024, insurance payments sent to reinsurers increased by 15.74% compared to 2023 – up to UAH 114.375 million. The ratio of participation of reinsurance companies in insurance premiums of IC “ARKS” practically did not change and amounted to 2.67% in 2024.
RA notes that net written premiums increased by 15.94% to UAH 4.166 billion, and net earned insurance premiums increased by 16.18% to UAH 3.895 billion.
The volume of insurance claims paid by the company in 2024 increased by 24.23% compared to 2023, to UAH 1.720 billion. Thus, the level of payments increased by 2.69 p.p. to 40.19%.
Profit from operating activities amounted to UAH 170.090 million, and net profit amounted to UAH 452.835 million.
As of January 1, 2025, the company’s assets increased by 17.70% to UAH 5.220 billion, equity showed an increase of 20.77% to UAH 2.633 billion, liabilities increased by 14.73% to UAH 2.587 billion, cash and cash equivalents increased 4.16 times to UAH 817.524 million.
The RA also reports that as of the beginning of 2025, the insurer made financial investments in the amount of UAH 2.922 billion, which consisted of government bonds and government bonds (81.76% of the investment portfolio) and deposits in banks with investment grade credit ratings (18.24% of the portfolio), which had a positive impact on the provision of liquid assets, which exceeded the liabilities of IC “ARKS” by 1.45 times.
“ARKS” Insurance Company is a part of the international insurance holding Fairfax Financial Holdings Ltd. The company has been a leader in the hull insurance segment of the Ukrainian market for 13 years.
In 2024, ARX (risk insurance) and ARX Life (life insurance) insurance companies paid almost UAH 1.8 billion to customers, which is 23% more than last year, of which ARX paid UAH 1.72 billion (+24.6%), according to a press release from the insurer.
In 2024, hull insurance payments amounted to almost UAH 1.02 billion, which is 22% more than in 2023, motor third party liability – UAH 164 million (+ 41% by 2023), VHI – UAH 307 million (+ 16%), property insurance – UAH 97 million (+ 69%).
Every day, the company paid out an average of almost UAH 6.6 million to customers.
As reported, the total premiums of ARX and ARX Life insurance companies in 2024 amounted to UAH 4.6 billion, which is 15% more than in 2023. The amount of premiums collected by ARX Insurance Company for hull insurance policies amounted to UAH 2.4 billion (+22% compared to 2023), for MTPL – UAH 535 million (+21%), and for property insurance – UAH 532.8 million (+20%).
The net profit of ARX and ARX Life last year amounted to almost UAH 520 million.
ARX is the first insurer in Ukraine to offer military risk coverage of up to UAH 100 million through a strategic agreement with DFC. Previously, the maximum coverage amount was UAH 20 million.
In January-September 2024, ARX Insurance Company (IC ARX Kyiv) collected more than UAH 3.1 billion in insurance premiums, which is 14% more than in the same period a year earlier, according to the insurer.
According to the company, payments for the first nine months amounted to UAH 1.3 billion, up 28%. On average, insurance claims payments per day amounted to UAH 6.5 million.
The company also reports that over UAH 1.7 billion in premiums were collected for motor hull insurance, which is 24% more than in the first nine months of the previous year, UAH 360.8 million (+10%) for property insurance, and UAH 256.1 million (+23%) for MTPL insurance.
In the 13 months since the launch of property insurance against war risks, ARX has insured more than 200 companies with a total coverage of UAH 2.659 billion.
The company’s total insurance premiums, including life and non-life segments, amounted to UAH 3.40 billion (+14% yoy). In the life insurance segment, insurance premiums amounted to UAH 251.2 million (+7% by 2023).
According to the report, ARX and ARX life insurance companies paid UAH 358 million in taxes in the first nine months of 2024. In total, since the beginning of the war, they have paid more than UAH 1 billion in taxes to the state budget.
ARX and ARX Life are part of the international insurance holding Fairfax Financial Holdings Ltd.
ARX Insurance Company is one of the five leading insurance companies in Ukraine in terms of premiums collected and payments made. It has been a leader in the hull insurance segment of the Ukrainian market for 13 years.
ARX Life is among the top ten companies in the life insurance market in Ukraine.
