On April 20, PJSC Ukrgazvydobuvannya (Kyiv) announced its intention to enter into an agreement with Guardian Insurance Company for risk insurance services related to the commercial development of oil and gas fields. According to the Prozorro electronic public procurement system, the expected cost of the services was 548,800 UAH, and the company’s bid was 501,499 UAH.
The insurance company “VUSO” also participated in the tender with a bid that was 1 hryvnia higher.
GAS, Guardian, INSURANCE, INSURANCE COMPANY, OIL, RISK, UKRGAZVYDOBUVANNYA
On April 2, the municipal enterprise Kyivpastrans announced its intention to enter into an agreement with Guardian Insurance Company for carrier liability insurance covering damage to the life and health of passengers, as well as damage to luggage during transport, on motor vehicles and urban electric vehicles.
According to the Prozorro electronic public procurement system, the estimated cost of the services was UAH 15.111 million, while the bid from the company—the sole participant in the tender—was UAH 14.429 million.
Insurance Company “Guardian” is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has held full membership status in the Motor Transport Insurance Bureau of Ukraine (MTIBU) and is authorized to issue “Green Card” policies.
According to the NBU, the company ranks 15th among Ukraine’s non-life insurers in terms of premiums collected in 2025.
In January-September 2025 the insurance company “Guardian” (Kyiv) has collected UAH 826,5 mln of net insurance premiums, that is by 22,8% more than in the same period of 2024.
It was informed by RA “Expert Rating” in the information on updating of the insurer’s financial stability rating at the level “uaAA” according to the national scale following the results of the analysis of its activity in the reporting period.
The volume of gross premiums received by ALC IC “Guardian” in the 9 months of the year. 2025, has increased by 12,22% up to UAH 863,49 mln in comparison with the volume of gross premiums for the same period of 2024. Insurance payments made by the company for this period, amounted to UAH 315,3 mln, which is by 19,07% less than in 9M. 2024.
The level of indemnities of IC “Guardian” following the results of 9 months of 2025 compared to 9 months of 2024 has decreased by 14,11 p.p. and has amounted to 36,52%.
According to RA data, shareholders’ equity of the company as of September 30, 2025 has grown by 7,42% and has amounted to UAH 356,35 m, gross liabilities have increased by 25,89% to UAH 767,54 m. As a result of higher growth rates of liabilities, the ratio between equity and liabilities has decreased by 7.98 p.p. to 46.43%.
The volume of cash and cash equivalents on the accounts of IC “Guardian” has grown by 33,42% to UAH 191,06 m during the period on the reporting date, and the level of cash coverage of insurer liabilities has shown an increase by 1,40 p.p. to 24,89%.
RA also notes that as of September 30, 2025 the insurer has formed a portfolio of current financial investments in the amount of UAH 153,71 m, which consisted of bonds of internal and external state borrowings. The availability of IC “Guardian” portfolio of investments in government bonds positively influenced its provision with liquid assets, which in aggregate covered 44,92% of insurer liabilities.
It is also noted that according to the results of activity during the first 9 months of 2025 compared to the same period of 2024 the net profit of the company has grown by 86,31% to UAH 6,01 mln, operating profit has amounted to UAH 10,2 mln, while for the same period of 2024 the operating loss has been received.
IC “Guardian” is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020 it has received the status of a full member of ITSBU, has the right to realize “Green Card” policies.
Insurance company “Guardian” (Kyiv) in January-March 2025 collected UAH 300.28 million of net insurance premiums, which is 37.58% more than in the same period last year, RA “Expert Rating” reported in information on updating the financial stability rating of the insurer at the level of “uaAA” on the national scale based on the results of the analysis of its activities for the reporting period.
The volume of gross written premiums received by “Guardian” ALC for the first quarter of 2025 increased by 18.27% to UAH 313.29 million compared to January-March 2024.
During the reporting period, the company paid UAH 102.602 million in indemnities (-24.5%). The insurer’s claims ratio decreased by 18.56 percentage points to 32.75%.
It is reported that as of March 31, 2025, the company’s equity increased by 7.13% to UAH 352.34 million. Gross liabilities for the same period decreased by 0.4% to UAH 687.74 million, the amount of cash and cash equivalents on the company’s accounts increased by 40.22% to UAH 153.44 million.
The agency notes that as of the reporting date, the insurer formed a portfolio of current financial investments in the amount of UAH 136.32 million, consisting of government bonds and government bonds, which are considered liquid instruments with a low level of credit risk.
The RA reports that based on the results of its activities in the first quarter of 2025, Guardian Insurance Company received an operating profit of UAH 3.94 million against an operating loss for the same period in 2024. The insurer’s net profit increased by 5.2 times to UAH 2.01 million compared to the first quarter of last year.
The insurer confirmed to RA that as of March 31, 2024, it complied with the requirements for solvency and assets of the insurer, the statement said.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. In January 2020, it became a full member of the MTIBU and has the right to sell Green Card policies.
In October 2020, by the decision of the general meeting of members of the Nuclear Insurance Pool of Ukraine, Guardian Insurance Company became a member of the pool.
In 2024, Guardian Insurance Company paid out UAH 509.2 million in indemnities, which is 29.4% more than in 2023, according to the insurer’s website.
It is noted that hull insurance payments increased by 81% to UAH 37 million, while premiums for this type of insurance increased by 58% to UAH 76.2 million.
The company also reports that in 2024, reimbursements under the international Green Card insurance policy increased by 35% to UAH 286.5 million, while premiums amounted to UAH 371.8 million.
Claims under the MTPL insurance policy increased by 15% to UAH 182.4 million last year, with premiums collected amounting to UAH 401.6 million (+10%).
The company allocated UAH 0.5 million (+80%) for medical expenses, while premiums collected amounted to UAH 77.2 million (+28%).
Accident insurance premiums amounted to UAH 27.8 million (+5%).
The amount of payments from customers who chose Guardian Insurance Company in 2024 amounted to UAH 1.06 billion.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has acquired the status of a full member of the MTIBU and has the right to sell Green Card policies.
In October 2020, by the decision of the general meeting of members of the Nuclear Insurance Pool of Ukraine, Guardian Insurance Company became a member of the pool.
Insurance company “Guardian” (Kiev) in January-November 2024 made insurance indemnities in the amount of UAH 457.5 million, which is 32.8% more than for the same period of 2023, according to the insurer’s website. It is specified that payments on CASCO amounted to UAH 31,7 million, which is 59,1% more than for the same period last year, MTPL – UAH 164,7 million, “Green Card” – UAH 258,05 million (+43,5%), insurance of medical expenses – UAH 0,5 million (+80,5%).
IC “Guardian” is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020 it has received the status of a full member of the ITSBU, has the right to sell “Green Card” policies.
In October 2020 by the decision of the general meeting of the members of the Nuclear Insurance Pool of Ukraine IC “Guardian” became its member.
