PZU SA Group has signed a preliminary agreement to acquire 100% of the shares in MetLife Ukraine—the leader of the Ukrainian life insurance market—according to a statement from PZU Ukraine Insurance Company.
It is emphasized that the deal strengthens the PZU Group’s position in Central and Eastern Europe, expands its operations in the life insurance segment, and aligns with its strategy to become a regional leader.
“The acquisition of MetLife Ukraine is an important step in the implementation of our long-term strategy to build a strong international insurance and financial group in Central and Eastern Europe. We are investing in a market leader with an experienced team and a sustainable business model, which strengthens our presence in Ukraine and significantly expands the scale of our operations in the life insurance segment. This decision combines strategic ambitions with solid business fundamentals,” noted PZU CEO Bohdan Benchak.
Furthermore, this aligns with the Group’s strategy of expansion in Central and Eastern Europe, particularly in markets where it already has an established presence. The Ukrainian life insurance market remains relatively underdeveloped compared to other countries in the region, creating significant opportunities for further growth.
From a financial perspective, this transaction is also attractive for the PZU Group. MetLife Ukraine has a strong capital position, high profitability (approximately 20% ROE), and liquidity, which creates potential for dividend payments.
“For PZU Ukraine, the acquisition means a significant increase in scale, access to a sales network that complements PZU Ukraine’s existing network, expanded product capabilities, and an experienced team with a broad customer base,” the statement reads.
According to the information, the PZU Group has responsibly and proactively assessed the risks associated with investing in a country currently in a state of armed conflict. The investment is insured by KUKE (PFR Group), which provides protection against the negative consequences of a potential deterioration in the military or political situation.
“The PZU transaction is yet another foreign investment by a Polish entity in Ukraine that was guaranteed by KUKE this year. The absence of political and force majeure risks, particularly those related to military actions, creates potential for the safe development of our companies,” noted Janusz Władczak, President of KUKE.
Macroeconomic data indicate a high level of resilience in the Ukrainian economy, a gradual stabilization of inflation, and prospects for moderate GDP growth in the medium term, the statement emphasizes.
As previously reported, MetLife Ukraine is part of the leading global corporation MetLife. It has been operating in Ukraine since 2002 and is the leader in the Ukrainian life insurance market.
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
Insurance company Quorum (Kyiv) collected net insurance premiums totaling UAH 60.4 million in 2025, which is 23.2% more than in 2024, while gross premiums amounted to UAH 63.4 million (-8.72%).
This was reported by the rating agency (RA) “Standard-Rating” in its announcement regarding the update of the company’s credit rating/financial stability rating on the national scale to “uaAA.”
The rating assessment was updated based on an analysis of the company’s performance for the specified year.
Revenues from individuals to the insurance company decreased by 26.34% to UAH 30.875 million; there were no revenues from reinsurers. The share of individuals in gross premiums for the year amounted to 48.70%.
Insurance premiums ceded to reinsurers amounted to UAH 3.023 million, which is 85.21% less than in the previous year. Thus, the reinsurers’ share of insurance premiums decreased by 24.67 percentage points to 4.77%.
The volume of insurance payments and claims settled by the company in 2025 increased by 20.16% compared to 2024, reaching UAH 10.518 million. Meanwhile, the claims ratio rose by 3.99 percentage points to 16.59%.
Quorum Insurance Company’s operating profit for the past year amounted to UAH 6.494 million, with net profit at UAH 7.015 million.
As of December 31, 2020, the insurer’s assets grew by 16.00% to UAH 81.080 million, equity by 11.40% to UAH 68.419 million, liabilities by 49.39% to UAH 12.661 million, cash and cash equivalents – by 11.34%, to UAH 55.507 million.
Insurance Company “Quorum” was established in March 2014 and specializes in risk insurance.
According to Fixygen, PJSC “Inter-Polis Insurance Company” will hold its annual general meeting of shareholders on April 29, 2026, via remote participation. The agenda includes approval of the 2025 financial statements, operating results, and other corporate matters.
The company operates in the Ukrainian insurance market, providing property and auto insurance services.
Express Insurance paid out UAH 50.3 million in insurance claims in February 2026, which is 53.6% more than in the same period in 2025, according to the company’s website.
Under CASCO agreements, customers were compensated UAH 39.3 million, which is 50.9% more than in the same period last year. The amount of payments under MTPL insurance amounted to UAH 10.3 million (+66.8% compared to February 2025). Under other types of insurance, customers were compensated UAH 657.4 thousand, which is 34% more than last year.
Express Insurance LLC was founded in 2008 with the participation of the leader of the Ukrainian automotive market, Ukravto Group. The company specializes in auto insurance. It is represented in more than 60 points of sale throughout Ukraine and is actively expanding its network of partner service stations.
Insurance company BBS Insurance (formerly Brokbusiness, Kyiv) collected UAH 842.3 million in gross premiums in 2025, which is 44.89% more than in 2024.
These data were provided by RA Expert-Rating in its information on the confirmation of the insurance company’s financial stability rating at the level of “uaAA” on the national scale based on the company’s performance in 2025.
At the same time, the share of insurance premiums payable to reinsurers increased by 30.76%, while their share in the company’s gross premiums decreased by 0.16 p.p. to 1.40%.
In 2025, the company made 65.17% more insurance payments and reimbursements than in 2024, and the level of payments increased by 4.71 p.p. to 38.35%.
According to RA data, the equity capital of IC “BBS Insurance” grew by 33.62% to UAH 213.85 million, while its gross liabilities increased by 30.02% to UAH 379.65 million. The level of coverage of the insurer’s liabilities by equity capital increased by 1.52 percentage points to 56.33%. Cash and cash equivalents increased by 39.23% to UAH 370.58 million, while the ratio of cash to liabilities increased by 6.46 p.p. to 97.61%.
Thus, as of the beginning of 2026, IC “BBS Insurance” was well provided with highly liquid assets, which covered 97.61% of its liabilities.
The RA also notes that at the end of 2025, the company’s net profit increased 3.73 times compared to 2024 and amounted to UAH 54.64 million. Also, at the end of 2025, the insurer received an operating profit of UAH 28.85 million, while at the end of 2024, an operating loss was recorded.
BBS Insurance has been operating in the Ukrainian insurance market for over 30 years and is represented in all regions of the country. It has a license to conduct insurance activities in 18 classes.
