IC “Express Insurance” (Kiev) in January-October 2024 made payments in the amount of UAH 427,2 mln, which is by 57,5%, or by UAH 155,9 mln more than the indicator for the same period of 2023. According to the insurer’s website, including payments on CASCO amounted to UAH 357,5 mln (+51,1%), on MTPL – UAH 58,5 mln (2,3 times more), payments under other insurance contracts – UAH 11,2 mln (+16,7%).
At the same time, the company reports that in October-2024 payments to clients amounted to UAH 48 mln (+33.7%) more than in October-2023. In particular, the company paid UAH 38.4mn (+22.4%) under hull insurance contracts, and UAH 8.7mn (+2.5 times) under CMTPL insurance contracts.
Express Insurance was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC Express Insurance is an associated member of the Motor Transport Insurance Bureau of Ukraine.
In January-September 2024, the equity of Express Insurance (Kyiv) increased by 13.2% compared to the same period in 2023 – up to UAH 342.3 million, technical reserves – by 25.1%, up to UAH 450.5 million.
According to the insurer, as of September 30, 2024, its assets increased by UAH 133.4 million, or 18.7%, to UAH 848.4 million, while highly liquid assets amounted to 88.7%, which ensures the company’s operational ability to pay claims.
“This increase in capital and reserves confirms the company’s strategic focus on long-term financial stability and protection of clients’ interests. For consumers, this is a guarantee that the company has sufficient resources for stable and uninterrupted operation, ensuring reliable protection of their interests,” the statement said.
As reported, in January-September 2024, Express Insurance made payments of UAH 377.4 million, which is 62%, or UAH 144.5 million, more than in the same period of 2023,
In particular, payments under motor hull insurance amounted to UAH 317.2 million (+56.1%), under motor third party liability insurance – UAH 49.7 million (2.3 times more), under voluntary health insurance – UAH 4.5 million (-11.1%), payments under other insurance contracts – UAH 10.5 million (+19.4%).
The company’s insurance premiums for this period amounted to UAH 679.6 million, which is UAH 168.4 million, or 33% higher than the same indicator for 9M2023. 2023. In particular, motor hull insurance premiums increased by UAH 91.6 million (+20.6%) to UAH 535.6 million, MTPL premiums – by UAH 70.9 million (+130.5%) to UAH 125.2 million, and other types of insurance – by UAH 8.8 million (+87.8%) to UAH 18.8 million.
The total level of payments to customers in January-September 2024 amounted to 55.5% compared to 45.6% for the same period last year.
Express Insurance ALC was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in motor insurance. The company’s consistently high claims settlement rate is ensured by optimal cooperation with partner service stations.
Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
In January-September 2024, Express Insurance (Kyiv) made payments of UAH 377.4 million, which is 62%, or UAH 144.5 million, more than in the same period of 2023, according to the insurer’s website.
In particular, payments for hull insurance amounted to UAH 317.2 million (+56.1%), for MTPL – UAH 49.7 million (2.3 times more), for voluntary health insurance – UAH 4.5 million (-11.1%), payments under other insurance contracts – UAH 10.5 million (+19.4%).
The company’s insurance premiums for this period amounted to UAH 679.6 million, which is UAH 168.4 million, or 33% higher than the same indicator for 9M2023. 2023. In particular, motor hull insurance premiums increased by UAH 91.6 million (+20.6%) to UAH 535.6 million, MTPL premiums – by UAH 70.9 million (+130.5%) to UAH 125.2 million, and other insurance premiums – by UAH 8.8 million (+87.8%) to UAH 18.8 million.
The total level of payments to customers in January-September 2024 amounted to 55.5% compared to 45.6% for the same period last year.
Express Insurance ALC was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in motor insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.
Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
IC “Express Insurance” (Kiev) in January-September 2024 made payments in the amount of UAH 379,2 mln, that is by 61,6% or by UAH 143,8 mln more than the indicator for the same period of 2023, the insurer’s website reports.
Including payments on hull insurance amounted to UAH 319 million (+55.5%), on MTPL – UAH 49.8 million (2.3 times more), on voluntary health insurance – UAH 4.5 million (-11.1%), payments under other insurance contracts – UAH 5.9 million (+65.2%).
At the same time, the company reports that in September 2024 payments to clients amounted to UAH 39 mln (+35.9%) more than in September 2023. In particular, the company paid UAH 31.6 mln (+28.9%) under hull insurance contracts, and UAH 5.5 mln (+58.4%) under CMTPL insurance.
Express Insurance ALC was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC Express Insurance is an associated member of the Motor Transport Insurance Bureau of Ukraine.
In January-September 2024, Express Insurance (Kyiv) made payments in the amount of UAH 379.2 million, which is 61.6% or UAH 143.8 million more than in the same period of 2023, according to the insurer’s website.
In particular, payments for hull insurance amounted to UAH 319 million (+55.5%), for MTPL – UAH 49.8 million (2.3 times more), for voluntary health insurance – UAH 4.5 million (-11.1%), payments under other insurance contracts – UAH 5.9 million (+65.2%).
At the same time, the company reports that in September 2024, payments to customers amounted to UAH 39 million (+35.9%) more than in September 2023. In particular, the company paid UAH 31.6 million (+28.9%) under hull insurance contracts and UAH 5.5 million (+58.4%) under MTPL contracts.
Express Insurance ALC was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in motor insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.
Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
IC “Express Insurance” (Kiev) in January-August 2024 made payments in the amount of UAH 340,2 million, which is 64,6% or UAH 133,5 million more than the indicator for the same period of 2023, according to the insurer’s website.
Including payments on hull insurance amounted to UAH 287.5 million (+59.1%), on MTPL – UAH 44.4 million (2.4 times more), on voluntary health insurance – UAH 3.8 million (-14.7%), payments under other insurance contracts – UAH 4.6 million (+36.4%).
At the same time, the company reports that in August 2024 payments to clients amounted to UAH 53.1 mln (+94.4%) more than in August 2023. In particular, under hull insurance contracts the company paid UAH 45,3 mln (+94,2%), under CMTPL insurance – UAH 6,8 mln (growth in 2,5 times).
Express Insurance ALC was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC “Express Insurance” is an associated member of the Motor Transport Insurance Bureau of Ukraine.
