The average premium under contracts of compulsory motor third party liability insurance (CMTPL) in January-December 2025 (cumulative total) amounted to UAH 3.163 thousand, which is 2.32 times more than for the same period a year ago (UAH 1.362 thousand), reported the Motor (Transport) Insurance Bureau of Ukraine (MTSBU).
It is also noted that the average damage for 12 months of this year increased by 33%, to UAH 45,050 thousand against UAH 33,849 thousand for 12 months. 2024.
The average payment for damage caused to property as a result of road accidents amounted to UAH 58,048 thousand (+35,9%), according to “europrotocol” – UAH 29,478 thousand (+56,9%), and for damage to health – UAH 60,977 thousand (+11%).
The MTSBU reports that insurance companies in January-December 2025 increased the collection of insurance payments under CMTPL insurance policies 2.14 times – up to UAH 23.642 billion, and paid out UAH 6.802 billion (+41.4%).
The MTSBU is the only association of insurers in Ukraine that provides compulsory insurance of civil liability of owners of motor vehicles for damage caused to third parties. 26 insurance companies are members of the Bureau.
Insurance company Busin (Kyiv) collected UAH 175.2 million in gross premiums in January-September 2025, which is 9.08% more than in the same period of 2024, according to Standard Rating, which updated the insurer’s credit rating/financial stability rating to “uaAA+” on the national scale based on an analysis of the specified period.
The rating agency’s report notes that revenues from reinsurers increased by 6.05% to UAH 189.1 million, and the ratio between premiums attributable to reinsurers and gross premiums decreased by 3.09 percentage points (pp) to 107.94%.
In the first nine months of 2025, the company paid out UAH 215,000 in insurance payments and reimbursements to its clients, compared to UAH 31.869 million in the same period of 2024. RA notes that significant fluctuations in the volume of business and the level of payments of JSC IC Busin are related to the specifics of its activities and specialization in insurance of large risks, in particular aviation risks.
As of September 1, 2025, the company’s assets decreased by 5.44% to UAH 282.5 million, equity increased by 13.4% to UAH 182.7 million, and cash and cash equivalents decreased by 26.9% to UAH 235.6 million.
RA notes that the financial results of Busin Insurance Company JSC improved significantly in the period under review. In particular, based on the results of the first nine months of 2025, the insurer received significant amounts of operating profit (UAH 34.08 million) and net profit (UAH 24.84 million), while based on the results of the same period in 2024, the insurer’s activities were unprofitable.
Busin Insurance Company was registered in February 1993. It specializes in risk insurance. It is a member of a number of professional and industry associations, including the League of Insurance Organizations of Ukraine, the Insurance Payments Club, the International Association of Aviation Insurers (UA), the Nuclear Insurance Pool, the American Chamber of Commerce in Ukraine, and the British Business Club.
Insurance company BBS Insurance (formerly Brokbusiness, Kyiv) collected UAH 660.03 million in gross premiums in January-September 2025, which is 64.70% more than in the same period of 2024.
This was reported by RA Expert-Rating in its confirmation of the insurance company’s financial stability rating at “uaAA” on the national scale.
According to the RA, the share of insurance premiums belonging to reinsurers increased by 44.6%, while their share in the company’s gross premium structure decreased by 0.23 p.p. to 1.63%.
In the first nine months of 2025, the company made 77.75% more insurance payments and reimbursements than in the first nine months of 2024, and the level of payments increased by 2.62 p.p. to 35.67%.
During the reporting period, the equity capital of IC “BBS Insurance” increased by 21.21% to UAH 196.84 million, while its gross liabilities increased by 61.05% to UAH 388.29 million. As a result of the higher growth rate of liabilities, the level of coverage of the insurer’s liabilities by equity capital decreased in the reporting period: by 16.67 p.p. to 50.69%.
Cash and cash equivalents increased by 58.62% to UAH 382.28 million, while the ratio of cash to liabilities decreased by 1.51 p.p. to 98.45%. Thus, as of the beginning of the fourth quarter of 2025, highly liquid assets covered 98.45% of the company’s liabilities.
RA also notes that the company’s activities were profitable during the period under review. Compared to the same period in 2024, operating profit increased by 38.51% to UAH 49.05 million, and net profit increased by 27.13% to UAH 47.63 million.
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.
Insurance company Quorum (Kyiv) collected net insurance premiums in the amount of UAH 47.195 million in January-September 2025, which is 36.4% more than in the same period of 2024, and gross premiums in the amount of UAH 50.216 million (+1.17%) .
This was reported by the rating agency (RA) Standard-Rating in its information on the update of the company’s credit rating/financial stability rating on the national scale at the level of “uaAA”.
The agency specified that it had updated the rating based on an analysis of the company’s performance for the reporting period.
Revenues from individuals in the insurance company increased by 10.82% to UAH 27.072 million, while there were no revenues from reinsurers. The share of individuals in gross premiums for the first nine months of 2025 was 53.91%.
Insurance premiums sent to reinsurers in January-September 2025 amounted to UAH 3.021 million, which is 79.91% less than in the same period of 2024. Thus, the reinsurers’ share in insurance premiums decreased by 24.27 percentage points to 6.02%.
The volume of insurance payments and reimbursements made by the company in the first nine months of 2025 increased by 44.26% compared to the same period in 2024, to UAH 7.894 million. Thus, the level of payments increased by 4.70 p.p. to 15.72%.
The activities of TOV “SK ”Quorum” in the period under review were profitable, and operating and net profits showed growth – by 5.89% to UAH 8.8 million and by 9.64% to UAH 8.3 million, respectively.
As of September 30, 2025, the company’s assets grew by 13.93% to UAH 79.632 million, equity increased by 13.54% to UAH 69.736 million, liabilities grew by 16.77% to UAH 9.896 million, and cash and cash equivalents increased by 12.52% to UAH 56.095 million.
Thus, as of the beginning of the fourth quarter of 2025, the company had very high levels of capitalization (704.69%) and the ratio between cash and liabilities (566.85%), the RA notes.
Insurance company Quorum was established in March 2014 and specializes in risk insurance.
In January-September 2025, PJSC Insurance Company Persha (Kyiv) collected UAH 1.034 billion in gross premiums, which is 24.19% higher than the figure for the first nine months of the previous year. Net premiums amounted to UAH 971.833 million (+25.68%), according to Standard Rating, which confirmed the company’s credit rating/financial stability rating at “uaAA” on the national scale based on its performance during the period.
In particular, it is noted that revenues from individuals grew by 40.75% to UAH 430.970 million, and from reinsurers by 9.04% to UAH 1.881 million. Thus, based on the results of the first nine months of 2025, the share of individuals in the insurer’s gross premiums was 41.69%.
Insurance payments sent to reinsurers for the first nine months of 2025 increased by 4.69% compared to the same period in 2024, to UAH 61.812 million, while the reinsurers’ share in insurance premiums decreased by 1.11 percentage points, to 5.98%.
RA reports that in the first three quarters of 2025, IC “Persha” paid its clients UAH 455.588 million in insurance payments and reimbursements, which is 42.15% higher than the amount of payments in the same period of 2024. Thus, the payout ratio increased by 5.57 percentage points to 44.08%.
During the reporting period, the insurer’s operating profit increased to UAH 86.949 million, and net profit to UAH 90.008 million.
As of October 1, 2025, the company’s assets grew by 22.18% to UAH 1.343 billion, equity increased by 41.75% to UAH 356.530 million, liabilities increased by 16.37% to UAH 986.008 million, and cash and cash equivalents grew by 96.9% to UAH 450.771 million.
At the same time, the RA notes that as of October 1, 2025, IC “Persha” had formed a portfolio of current financial investments in bank deposits in the amount of UAH 17.707 million, which, together with cash and cash equivalents, covered 47.51% of its liabilities.
PJSC Insurance Company Persha has been operating in the Ukrainian insurance market since 2001. The company’s main specialization is auto insurance. IC Persha is a member of the Motor Transport Insurance Bureau of Ukraine, the League of Insurance Organizations of Ukraine, and the National Insurer of International Road Transport (TIR).
Insurance company PJSC IC “PZU Ukraine” (Kyiv) attracted UAH 2.376 billion in premiums in January-September 2025, which is UAH 731 million, or 44.4%, more than in the corresponding period of 2024, according to the company’s press release.
The largest increase in payments for the reporting period was recorded in the segment of compulsory civil liability insurance for owners of land vehicles (OSCPV) – by 71%, to UAH 788 million, or 33% of the total volume, CASCO – by 29%, to UAH 398 million, or 17% of the total volume.
Under Green Card policies, the company attracted UAH 659 million in insurance premiums in the first nine months of 2025, which is 28% of the insurer’s total revenue and 60% higher than the corresponding figure for the same period in 2024.
Medical insurance accounted for 10% of the company’s portfolio, with the insurance company collecting UAH 229 million in payments (+46%) under such contracts during the period.
PZU Ukraine’s revenue from other insurance contracts amounted to UAH 301 million in the first nine months of 2025.
PJSC IC PZU Ukraine has been operating in the Ukrainian market since 1993. It is supported by one of the largest insurance groups in Central and Eastern Europe, PZU Group (which includes the parent company of PJSC IC PZU Ukraine, PZU S.A.).
