Business news from Ukraine

Business news from Ukraine

TAS Insurance Group has paid out more than UAH 1.3 bln under insurance contracts in 2023.

Insurance group “TAS” (Kiev) in 2023 paid out under the concluded insurance contracts totaling UAH 1.341 billion, which is 48.3% higher than the amount of reimbursements of the company for 2022.

According to the company’s website, payments under CASCO contracts have increased by 60.2% – up to UAH 402.78 mln, which is 30.03% of the total volume of payments of the insurer for 2023, MTPL – by 39%, up to UAH 491.21 mln (36.62%), “Green Card” – by 64%, up to UAH 35.5 mln (25.3%).

Payments on “Green Card” have increased in 2,9 times – up to UAH 238,05 mln that makes 17,75% of the total amount of payments of the insurer for the reporting period. Payouts under VHI have increased by 44,2% – up to UAH 168,28 mln (12,55%).

Under property insurance contracts the company paid out UAH 10,72 mln last year – by 19,6% more than in 2022.

Under other insurance contracts SG “TAS” has paid UAH 30,2 mln in 2023.

SG “TAS” was registered in 1998. It is a universal company, offers more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.

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