Business news from Ukraine

Business news from Ukraine

IC “ROM Ukraine Life Insurance” has increased payouts by 9.2%

PJSC IC “ROM Ukraine Life Insurance” (Kiev) has made 927 insurance payments for the total amount of UAH 22,6 mln following the results of six months of 2023, that is by 9,2% more than for the same period of 2022.

According to the press release of the insurer, almost 50% of the amount falls on payments of the accumulated amount due to the termination of insurance contracts.

Payments on other insurance events exceeded UAH 11,7 mln. Mostly they have been made on cases of traumatization, occurrence of critical illnesses, receipt of various disability groups by the clients of the company. At the same time, almost 60% of insured events are payments related to traumatic injuries of insured persons.

The amount of insurance payments of “ROM Ukraine Life Insurance” for the first half of this year is UAH 2 mln more than for the same period of 2022.

PJSC IC ROM Ukraine Life Insurance has been operating since 2003. It is a part of PZU group – one of the oldest and the largest in Poland by the volume of gross premiums written (according to the Polish Financial Supervision Commission).