The Supervisory Board of IC “Euroins Ukraine” on September 1, 2025 decided to terminate the activities of fifteen separate structural subdivisions, which have not been operating for a long time, the company reported in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM).
In particular, we are talking about the sales center in Krasnoye settlement of Lviv regional directorate, a branch in Kharkiv, sales center in Kamenske of Dnipro regional directorate, sales centers № 4 and № 7 of Zaporizhzhya directorate, sales center in Skadovsk of Kherson regional directorate, a branch in Yuzhnoukrainsk of Mykolayiv region, Kherson regional directorate, sales center in Valki of Kharkiv regional directorate, sales center in Uman of Cherkassy regional directorate.
IC “Euroins Ukraine” is a universal non-life insurer, operating in the Ukrainian market since 1992. The company has 75 representative offices all over the country, has a license for insurance in 16 classes. It actively works in the segments of auto insurance, medical insurance, property, liability and cargo insurance for private and corporate clients.
IC “Euroins Ukraine” is a member of the Motor (Transport) Insurance Bureau of Ukraine, League of Insurance Organizations of Ukraine (LIOU) and EBA (European Business Association).
The National Bank of Ukraine (NBU) has applied to PJSC IC “Euroins Ukraine” a measure of influence in the form of a written warning for violation of certain requirements of legislation and regulatory documents, the NBU website reports.
Such a decision was made by the Committee for Supervision and Regulation of Non-Banking Financial Services Markets on July 21, 2025, based on the results of a scheduled inspection conducted by the Inspection Department of the NBU.
During the inspection was revealed, in particular, the violation of certain requirements established by the law “On Insurance”, the provisions of the NBU on the secrecy of insurance, on the peculiarities of the conclusion of insurance contracts with consumers, on the authorization of financial service providers and the conditions of their activities in the provision of financial services.
The information emphasizes that IC “Euroins Ukraine” is obliged to eliminate violations until September 22, 2025.
IC “Euroins Ukraine” is a universal insurance company. It has been working in the Ukrainian market since 1992. It is a part of Bulgarian insurance group Euroins, one of the largest independent insurance groups in the countries of Central, Eastern and South-Eastern Europe.
Insurance company Euroins Ukraine (Kyiv) increased its authorized capital to UAH 123.065 million through an additional issue of shares worth UAH 45.125 million.
According to information provided by the insurer in the National Securities and Stock Market Commission’s disclosure system, this is stated in the report on the results of the share issue without a public offering, approved by the supervisory board on March 21, 2025.
According to the report, 4.513 billion shares with a par value of 0.01 UAH were placed during the issue.
Euroins Ukraine is a universal insurance company that has been operating in the Ukrainian market since 1992. It is part of the Bulgarian insurance group Euroins, which is one of the largest independent insurance groups operating in Central, Eastern, and Southeastern Europe.
The state enterprise Boryspil International Airport (Kiev) on April 16 announced its intention to conclude a contract with IC “Euroins Ukraine” (Kiev) for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO), according to the system of electronic public procurement. The expected cost of the purchase of services is UAH 596,360 thousand, the company’s price offer is UAH 279,334 thousand.
In the tender participated IC “Guardian” with the offer of UAH 279,335 thousand, “Arsenal Insurance” – UAH 279,336 thousand, “Kraina”-358,2 thousand, “Universalnaya-390,4 thousand, IC ‘VUSO’-415,4 thousand, ‘Oranta’-523,5 thousand.
IC “Euroins Ukraine” is a universal insurance company, which has been working in the Ukrainian market since 1992. It is a part of the Bulgarian insurance group Euroins, one of the largest independent insurance groups in the countries of Central, Eastern and South-Eastern Europe.
Insurance company Euroins Ukraine (Kyiv) will increase its authorized capital to UAH 168.190 million by conducting an additional issue of shares in the amount of UAH 90.250 million.
According to the insurer’s information posted in the NSSMC system, this decision was made by the shareholders at a meeting on February 19.
According to the report, it is planned to place 9.025 billion shares with a nominal value of UAH 0.01, at a placement price of UAH 0.02.
It is also specified that the placement of shares may lead to a change in the owners of a significant stake, an increase in the shareholding of shareholders who already own 5% or more of the shares, namely: JSC Euroins Insurance Group (Bulgaria) – 92.728%, PrJSC European Travel Insurance – 5.745%.
The raised financial resources from the share placement are planned to be used in full to bring the company’s activities in line with the requirements of the Law of Ukraine “On Insurance” regarding solvency and investment activities. Namely, it is planned to place 70% of the funds received in the course of the issue in bank deposits, 20% in government bonds of Ukraine and other securities, and 10% in the centralized insurance reserve funds of the Motor (Transport) Insurance Bureau of Ukraine.
Euroins Ukraine is a universal insurance company that has been operating in the Ukrainian market since 1992. It is a part of the Bulgarian insurance group Euroins, which is one of the largest independent insurance groups operating in Central, Eastern and South-Eastern Europe.
Eurohold Bulgaria, represented in Ukraine by two insurance companies – “Euroins Ukraine” and “European Travel Insurance” – in January-September 2024 received a gross profit of EUR181.74 mln, which is 0.8% more than in the same period a year earlier. As reported in the information of IC “Euroins Ukraine” profit before interest taxes and amortization (EBITDA) amounted to EUR122.77 million, which is 36.6% higher than in the same period of 2023. The net financial result for the reporting period amounted to EUR16.21m. The group’s consolidated revenue amounted to around EUR1.02bn.
Eurohold’s insurance business, carried out through Euroins Insurance Group AD (EIG), showed growth and improved profitability. In the first nine months of this year, the group’s insurance revenues grew by 4% year-on-year to EUR198m, while EBITDA and the final financial result amounted to EUR8.44m and EUR1.87m.
“The segments and markets where we are active face challenges, but our results show that we are capable of overcoming them. I believe that we will conclude this year successfully, creating additional value for our shareholders and all our stakeholders,” said Eurohold CEO Assen Minchev,.
Eurohold Bulgaria is a leading energy and financial group operating in Central, Eastern and Southeastern Europe. It is listed on the Bulgarian and Warsaw Stock Exchanges.
Eurohold owns Euroinsurance Group (EIG), one of the largest insurance groups in the region. EIG provides a full range of insurance products, serves more than 4 million clients in 11 countries and employs more than 3000 people.
IC “Euroins Ukraine” is a universal non-life insurer, operating in the Ukrainian market since 1992. The company has about 100 representative offices all over the country, holds 25 licenses, 16 of them – for voluntary and 9 – for compulsory types of insurance.
IC “European Travel Insurance” has been working in the Ukrainian market since 2006 and is the only insurer in Ukraine, which specializes in travel insurance.
The company holds 8 licenses for voluntary types of insurance, works with both private individuals and corporate clients.