Business news from Ukraine

Business news from Ukraine

Quorum Insurance Company increased its net premiums by 23% despite decline in gross premiums

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.

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Inter-Polis Insurance Company to Hold Shareholders’ Meeting on April 29

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.

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Express Insurance paid out over UAH 50 mln in insurance claims in February

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.

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BBS Insurance collected UAH 842 mln in premiums in 2025, increasing figure by 45%

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.

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Express Insurance increased its premium income by 63% in December 2025

Express Insurance (Kyiv) collected insurance premiums totaling UAH 148.9 million in December 2025, which is 63% more than in the same period of 2024, according to the insurer’s website.

Premiums under CASCO contracts for this period amounted to UAH 88.4 million, which is 32.3% higher than in December 2024, while premiums under MTPL reached UAH 58.7 million (+159.6%), and premiums under other types of insurance amounted to UAH 2 million.

Express Insurance was founded in 2008 and is part of the UkrAVTO group of companies. It specializes in auto insurance. The consistently high speed of settlement of claims at the insurance company is ensured by optimal interaction with partner service stations.

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PZU Ukraine Insurance Company increased its insurance premium income by 42% in 2025

PJSC Insurance Company PZU Ukraine (Kyiv) collected UAH 2.884 billion in net premiums in 2025, which is 41.9% more than in 2024 (UAH 2.033 billion), according to the insurer’s interim data posted on the information disclosure system of the National Securities and Stock Market Commission (NSSMC).

Premiums written for the year increased by 27.7% to UAH 2.772 billion.

In 2025, the company made compensation payments of UAH 2.739 billion, which is 23.5% more than in 2024. At the same time, gross profit amounted to UAH 145.042 million, while a year earlier it was UAH 184.743 million.

The financial result before tax amounted to UAH 391,015 thousand, and profit expenses amounted to UAH 60.088 million.

The insurer’s net loss for 2025 amounted to UAH 330.931 million, while in 2024, the company ended with a net loss of UAH 21.749 million.

PZU Ukraine Insurance Company is supported by one of the largest insurance groups in Central and Eastern Europe, PZU Group, which includes the parent company of PZU Ukraine Insurance Company, PZU S.A.

According to the National Bank of Ukraine, PZU Ukraine ranks 11th in terms of premiums collected for the first nine months of 2025 among non-life insurers in Ukraine.

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