Business news from Ukraine

Business news from Ukraine

TAS Insurance Group has paid out more than UAH 465 mln to clients in first quarter of year

Insurance group “TAS” (Kiev) for January-March 2024 paid out under the concluded insurance contracts indemnities in the amount of UAH 465,89 mln, which is 50,8% more than in the same period of the previous year.

According to the insurer’s website, more than a quarter of its payments (27,54% or UAH 128,31 mln) following the results of the first quarter fell on CASCO, which is 33% higher than the corresponding indicator for the same period of the last year, 35,46% or UAH 165,21 mln – on MTPL insurance (+ 40,1%), 18,91% or UAH 88,12 mln – on voluntary medical insurance (+62,6%)

At the same time, the company has paid UAH 2,8 mln of indemnities under property insurance contracts during the reporting period – by 38,3% more than in the first three months of the last year.

The volume of payments under other insurance contracts amounted to UAH 10.92 mln, which is 30.9% higher than in the same period of 2023.

SG “TAS” was registered in 1998. It is a universal company offering its clients more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.

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Insurance indemnities of “Unique Ukraine” in February amounted to 109 mln

Insurance companies “Unique” and “Unique Life” (both Kiev), which are part of non-banking financial group “Unique Ukraine”, in February 2023 paid 109.69 million UAH of insurance claims.
As reported on the web-site of IC “Unique”, according to car insurance contracts the total sum of insurance payments has made UAH 47,2 million, from which UAH 37,2 million – as CASCO payments, UAH 10 million – as MTPL and VGOGO payments.
The total sum of payments according to the contracts of voluntary medical insurance amounted to UAH 41,46 mln. The amount of payments on life insurance was UAH 9,95 mln.
The highest payout in February was for UAH 1,18 mln. on the KASKO insurance contract.
Medical assistance “Unica” during this reporting period handled more than 92.8 thousand applications, the technical assistance – more than 13.151 thousand, stated in the message.
UNIQA Group (Austria) entered the market of Ukraine in 2006. Its companies in Ukraine – “Unique” and “Unique Life” with central offices in Kiev, offer most types of risk and life insurance through a nationwide network.

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