Business news from Ukraine

Business news from Ukraine

IC “Euroins Ukraine” will insure transport “Cherkasyyelektrotrans”

On July 9, the municipal enterprise Cherkasyelectrotrans announced its intention to conclude a contract with IC Euroins Ukraine for the purchase of services of compulsory civil liability insurance of owners of land vehicles (OSAGO). According to the electronic public procurement system “Prozorro”, the company’s price offer amounted to UAH 1.19 million against UAH 1.681 million of the expected cost of purchasing the service.

IC “Euroins Ukraine” is a universal insurance company, which has been operating 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.

 

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IC “Euroins Ukraine” for three quarters of 2024 collected UAH 474 mln of insurance premiums

Insurance company “Euroins Ukraine” (Kiev) for three quarters of 2024 collected UAH 474,1 mln of insurance premiums, which is 16,2% higher than in January-September 2023, according to the insurer’s information. According to the message, the largest share in premiums traditionally occupied by MTPL – 65% (UAH 306,6 mln), health insurance (VMI) – 18% (UAH 85,4 mln), CASCO – 10% (UAH 45,5 mln).

The volume of indemnities paid to the clients of “Euroins Ukraine” for nine months of 2024 increased by 27.7%, up to UAH 240.4 mln. On average the company paid about UAH 1,1 mln per day.

IC “Euroins Ukraine” is a universal insurance company operating in the Ukrainian market since 1992. It is a part of Bulgarian insurance group Euroins, which is one of the largest independent insurance groups operating in the countries of Central, Eastern and South-Eastern Europe. EIG is a subsidiary of Eurohold Bulgaria, a leading energy and financial group of Central, Eastern and South-Eastern Europe.

 

 

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