Business news from Ukraine

Business news from Ukraine

ARX Life Insurance Company Reduced Payouts by 10% in January–September 2026

ARX Life Insurance Company (ARX Life, Kyiv) collected insurance premiums totaling 262.9 million UAH in January–September 2026, which is 5.19% more than during the same period in 2025.

This was reported by the rating agency “Standard-Rating” in an update on the insurer’s credit rating and financial stability (reliability) rating, which remained at “uaAAA” on the national scale for the reporting period.

According to a statement on the rating agency’s website, the volume of payments and reimbursements made by the insurer decreased by 10.13% to 55.828 million UAH. Thus, the insurer’s payout ratio fell by 3.62 percentage points to 21.24%.

The company’s acquisition expenses for the first nine months of 2026 decreased by 0.79% compared to the same period in 2025, to 129.600 million UAH.

For the first three quarters of 2026, ARKS LIFE Insurance Company reported a net profit of 59.188 million UAH, which is 20% higher than the net profit for the same period in 2025.

As of October 1, 2026, the company’s assets increased by 14.70% to 487.250 million UAH, equity rose by 16.96% to 408.275 million UAH, liabilities grew by 4.33% to 78.975 million UAH, and cash and cash equivalents rose by 14.98% to 188.126 million UAH.

The RA notes that as of the beginning of the fourth quarter of 2026, the company had a very high level of capitalization (516.97%) and a very high level of coverage of liabilities by cash and cash equivalents (238.21%).

At the reporting date, the insurer had made financial investments totaling 286.186 million UAH, consisting of government bonds and municipal bonds (87.86% of the portfolio) and deposits in banks with investment-grade credit ratings (12.14% of the portfolio).

RX Life is part of the international insurance holding company Fairfax Financial Holdings Ltd. ARX Life ranks among the top ten companies in Ukraine’s life insurance market.

 

,