In January-March 2025, PJSC Insurance Company Nadiina (Kyiv) collected gross insurance premiums in the amount of UAH 9.370 million, which is 47.36% less than in the same period a year earlier, according to data from Standard-Rating. on updating the company’s credit rating/financial stability (reliability) rating at uaА+ on the national scale.
It is noted that premiums from individuals amounted to UAH 89 thousand, while there were no premiums from reinsurers.
Insurance payments sent to reinsurers in the first quarter of 2025 decreased by 98.89% to UAH 113 thousand compared to the same period in 2024.
Thus, the reinsurers’ share in insurance premiums decreased by 56.20 percentage points (pp) to 1.21%.
The insurer’s net premiums increased by 22.11% to UAH 9.257 million compared to January-March 2024, and net earned premiums increased by 24.21% to UAH 10.075 million.
The volume of insurance payments made by IC “Nadiina” decreased by 47.39% to UAH 2.194 million, and the level of payments decreased by 0.01 p.p. to 23.42%.
According to the results of the first three months of 2025, the company’s activities were profitable, and its financial results showed significant growth. Thus, operating profit increased to UAH 6.629 million, and net profit – to UAH 6.404 million.
As of April 1, 2025, the insurer’s assets grew by 2.77% to UAH 84.145 million, equity increased by 10.12% to UAH 69.702 million, liabilities decreased by 22.26% to UAH 14.443 million, cash and cash equivalents increased by 5.32% to UAH 60.134 million
As of the reporting date, IC “Nadiina” had formed a portfolio of current financial investments in the amount of UAH 10.234 million, consisting of government bonds.
According to the company’s website, it was registered in the Unified State Register of Legal Entities and Individual Entrepreneurs in 2006. Its authorized capital is UAH 15 million.
Its shareholders are eight individuals who are residents of Ukraine and one legal entity, Agroholding 2012 LLC.
Agroholding 2012 LLC (Horodok, Khmelnytsky region) intends to acquire 9.95% of shares in Nadiina Insurance Company (Kyiv), according to the information system of the National Securities and Stock Market Commission.
It is noted that the shares are to be purchased from an individual. Previously, Agroholding 2012 did not own the insurer’s shares directly or indirectly.
As reported, in January-September 2023, IC Nadiina collected insurance premiums in the amount of UAH 99.575 million, which is 1.68% more than in the same period last year. Net premiums increased by 3.01 times to UAH 44.430 million, and earned premiums increased by 3.55 times to UAH 44.086 million.
The volume of insurance claims and reimbursements made by the company in the first nine months of 2023 compared to the same period in 2022 increased 3.04 times to UAH 5.721 million. Thus, the payout ratio increased by 3.83 p.p. to 5.75%.
Profit from operating activities in January-September 2023 increased to UAH 27.042 million, and the insurer’s net profit increased to UAH 25.198 million.
As of September 30, 2023, the insurer’s assets increased by 46.66% to UAH 89.159 million, equity showed an increase of 51.33% to UAH 74.284 million, liabilities – by 27.07% to UAH 14.875 million, cash and cash equivalents increased 2.87 times to UAH 38.415 million.
Nadiina was registered in the Unified State Register of Legal Entities and Individual Entrepreneurs in 2006. The authorized capital is UAH 15 million. As reported on its website, as of the beginning of 2024, the company’s shareholders are eight individuals with 9.5%, one with 5%, and another with 19%.
