In January-June 2025, PJSC Insurance Company Persha (Kyiv) collected UAH 666.9 million in gross premiums, which is 29.3% more than in the first half of last year, and UAH 622.5 million in net premiums (+29.5%), according to the rating agency Standard-Rating in its information on the confirmation of the company’s credit rating/financial stability rating at the level of “uaAA” on the national scale based on the results of the specified period.
In particular, income from individuals grew by 41.91% to UAH 262.406 million, and from reinsurers by 9.84% to UAH 1.730 million. The share of individuals in the insurer’s gross premiums reached 39.35%.
Insurance payments sent to reinsurers in the first half of 2025 increased by 26.99% compared to the same period in 2024, to UAH 44.364 million, The reinsurers’ share in insurance premiums decreased by 0.12 percentage points (pp) to 6.65%.
In January-June 2025, IC Persha paid its clients UAH 291.001 million in insurance payments and reimbursements, which is 39.75% higher than the amount of payments for the same period in 2024.
Thus, the payout ratio increased by 3.26 p.p. to 43.64%.
The insurer’s operating profit for the reporting period increased to UAH 26.601 million, and net profit to UAH 36.134 million.
As of July 1, 2025, the company’s assets grew by 17.51% to UAH 1.291 billion, equity increased by 20.33% to UAH 302.655 million, liabilities increased by 16.68% to UAH 988.597 million, cash and cash equivalents increased by 27.62% to UAH 292.168 million.
The agency notes that as of the reporting date, IC Persha had formed a portfolio of current financial investments in bank deposits in the amount of UAH 57.125 million, which together with cash and cash equivalents covered 35.33% of its liabilities.
PJSC Insurance Company Persha has been operating in the Ukrainian insurance market since 2001. The company specializes in motor insurance. IC Persha is a member of the Motor Insurers’ Bureau of Ukraine, the League of Insurance Organizations of Ukraine, and the National Insurer of International Road Transport Documents (TIR).
In January-June 2025, the insurance company Ukrainian Insurance Group (UIG, Kyiv) collected UAH 1.932 billion in gross premiums, which is 37.14% more than in the same period last year, with net premiums amounting to UAH 1.738 billion (+51.54%).
This was reported on the website of the rating agency Standard-Rating, which confirmed the insurance company’s financial stability/credit rating at “uaAA+” based on the results of the reporting period.
At the same time, income from individuals during this period increased by 64.20% to UAH 1.188 billion, while income from reinsurers decreased by 25.78% to UAH 3.158 million. At the end of the first half of 2025, individuals accounted for 61.51% of the company’s gross premiums, while reinsurers accounted for 0.16%.
Insurance payments sent to reinsurers in the first half of 2025 decreased by 25.99% to UAH 193.735 million compared to the same period last year. Thus, the share of reinsurance companies in insurance premiums decreased by 8.55 percentage points (pp) to 10.03%.
The volume of insurance payments and reimbursements made by the USG in the first half of 2025 amounted to UAH 900.708 million, which is 50.41% higher than in January-June 2024. Thus, the level of payments increased by 4.12 p.p. to 46.62%.
The company’s operating profit for the reporting period fell to UAH 19.601 million (-46.99%), while net profit decreased to UAH 85.324 million (-9.5%).
As of July 1, 2025, the insurance company’s assets increased by 16.44% to UAH 3.480 billion, and its equity capital by 13.62% to UAH 707.466 million. Liabilities showed an increase of 17.18% and rose to UAH 2.773 billion, while cash and cash equivalents grew by 82.80% to UAH 423.46 million.
RA notes that at the beginning of the third quarter of 2025, the company had a satisfactory level of capitalization (25.52%), and cash covered 15.27% of its liabilities. The insurer formed a portfolio of financial investments worth UAH 1.891 billion, consisting of government bonds and government bonds with a fixed coupon (81.37% of the portfolio) and deposits in banks with high credit ratings (18.63%). As of July 1, 2025, liquid assets covered 83.47% of the insurer’s liabilities.
As reported, the controlling shareholder of IC USG is the Vienna Insurance Group, an international insurance group headquartered in Austria, which is represented by 50 companies in 30 countries and is the leader in the insurance market of Central and Eastern Europe.
Insurance company Universal (Kyiv) collected UAH 1.614 billion in gross insurance premiums in January-June 2025, which is 34.45% more than in the same period of 2024, according to the website of the rating agency Standard-Rating.
The agency updated the credit rating/financial stability (reliability) rating of Universalna Insurance Company at “uaAAА” on the national scale based on an analysis of its performance during the specified period.
According to the published data, income from individuals increased by 38.37% to UAH 737.560 million, while income from reinsurers, on the contrary, decreased by 53.26% to UAH 3.489 million. Thus, at the end of the first half of 2025, legal entities prevailed in the company’s client portfolio.
Insurance payments sent to reinsurers in the first half of 2025 increased by 59.05% to UAH 87.637 million compared to the same period in 2024, and the reinsurers’ share in insurance premiums increased by 0.84 percentage points to 5.43%.
During the period, the insurer’s net premiums increased by 33.27% to UAH 1.526 billion, while net earned premiums showed an increase of 31.99% to UAH 1.322 billion.
The volume of insurance payments made by IC Universalna in the first half of 2025 increased by 27.52% compared to the same period in 2024 and amounted to UAH 538.405 million, while the level of payments decreased by 1.81 percentage points to 33.37%.
The insurer’s operating profit for the first six months of 2025 increased by 21.4% compared to the same period in 2024, to UAH 146.152 million, while net profit increased by 19.89%, to UAH 151.910 million.
As of July 1, 2025, the company’s assets grew by 10.73% to UAH 2.155 billion, equity capital increased by 15.59% to UAH 1.126 billion due to an increase in retained earnings, liabilities increased by 5.85% to UAH 1.029 billion, cash and cash equivalents increased by 4.90% to UAH 603.902 million.
RA also reports that as of the reporting date, the company was very well provided with equity capital, which exceeded its liabilities by 9.45%. In addition, the insurance company formed a portfolio of current financial investments in liquid instruments in the amount of UAH 1.363 billion, which consisted of bank deposits (UAH 1.167 billion) and government bonds (UAH 195.818 million).
As of the beginning of the third quarter of 2025, cash and cash equivalents covered 58.69% of IC Universalna’s liabilities, and liquid assets (cash, bank deposits, and government bonds) exceeded the insurer’s liabilities by 1.75 times.
The main shareholder of IC “Universalna” is Fairfax Financial Holdings Limited (Canada), a holding company that, through its subsidiaries, is primarily engaged in accident insurance, property insurance, and investment management.
INGO Insurance Company has finally completed the process of compensation for losses after the high-profile fire that occurred in the winter of 2024 at the production facilities of Viktor & K (Korolivsky Smak brand) in Kirovograd region.
According to the insurance company, the total payout amounted to UAH 81.4 million. This is one of the largest insurance payments in the industrial insurance sector in recent times.
The company clarifies that during the fire that occurred on February 15, 2024, in the village of Vlasivka in Kirovograd region, the fire completely destroyed the oil press shop, the finished product warehouse and all the technological equipment inside. The buildings are beyond repair after the fire. According to law enforcement officials, the fire was caused by an arson attack by an unidentified person. The criminal case is still ongoing, and there are no results of the investigation yet.
According to the insurance company, the loss settlement process proved to be particularly difficult due to the extent of the damage and the need for an accurate and professional assessment.
The full amount of compensation was paid to the company on July 1. Of the UAH 81.4 million paid out, more than UAH 64 million was for buildings and almost UAH 17 million for equipment.
“This insurance event is one of the largest in the industry in recent years. According to insurance market experts, such precedents are important because they confirm the ability of insurance to support business in difficult conditions,” the information emphasizes.
Viktor & K is known for the Korolivsky Smak brand, which produces mayonnaise, ketchup, sauces and oils.
INGO Insurance Company JSC holds licenses for 18 classes of insurance and has been providing insurance services to both individuals and companies for over 30 years. INGO Insurance Company is among the largest insurance companies in Ukraine in terms of premiums, own assets and insurance claims. Its network includes 25 branches, five offices and nine customer service centers operating in all regions of the country.
Since 2017, the main shareholder is the Ukrainian business group DCH.
In January-September 2024, PJSC “European Insurance Alliance” (Kyiv) collected UAH 220.9 million of net premiums, which is 23.03% higher than the volume of premiums for the same period in 2023, and also increased by 10.3% the collection of gross premiums – up to UAH 254.8 million.
In the report of the Standard Rating agency on the update of the company’s financial strength rating (credit rating) for the first nine months of 2024 on the national scale at the level of “uaAA”, it is noted that revenues from individuals increased by 34.3% to UAH 78.7 million, from reinsurers – more than doubled to UAH 0.875 million.
Thus, legal entities continue to dominate the company’s client portfolio.
During the reporting period, the company paid out UAH 121.8 million in insurance claims, which is 46.1% more than in the same period a year earlier.
As of the beginning of the fourth quarter of 2024, 53.36% of the company’s liabilities were covered by equity, and 10.49% by cash and cash equivalents.
At the same time, the company has formed a portfolio of financial investments consisting of government bonds and bank deposits in the amount of UAH 83.270 million. At the beginning of the fourth quarter of 2024, liquid assets (cash, government bonds and bank deposits) covered 67.27% of the company’s liabilities.
European Insurance Alliance has been operating in the Ukrainian insurance market since 1994. The company is a member of the Audit Commission of the MTIBU, a party to the agreement on direct settlement of losses on compulsory insurance of civil liability of owners of land vehicles and a member of the Board of the Nuclear Insurance Pool of Ukraine.
The company provides 30 types of voluntary and compulsory insurance, including property, motor, liability and personal insurance.
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.
