The volume of funds raised under new life insurance contracts in January–April 2026 increased by 4.3% compared to the same period in 2025, reaching UAH 454.8 million, according to the National Association of Insurers of Ukraine (NAIU), citing operational data from the PRIMA project.
“Citizens continue to show active interest in savings instruments, as evidenced by this growth,” the statement noted.
Particular attention should be paid to the stable trend in recurring premiums, which represent regular payments under long-term savings programs. This indicator remains at +13%. In addition, there has been a significant increase in revenue from single premiums (where the entire amount of insurance coverage is paid in a single lump sum at the time the contract is signed), with growth reaching 20.1%.
The total volume of insurance claims increased by 31%, amounting to UAH 699.6 million. The lion’s share comes from “survivorship” risk payouts, which showed a 37% increase.
“This is an entirely natural process, as the Ukrainian life insurance market has reached the stage of maturing classic 20-year contracts. Customers who signed contracts a decade ago are now receiving their accumulated funds along with accrued investment income, and these funds, in turn, are partially reinvested in new insurance products,” the report explains.
In the life insurance market, based on premiums collected for the specified period in 2026, MetLife Insurance Company continues to hold the top position with UAH 1.057 billion, TAS Insurance Company – UAH 339.3 million, Grave Life – UAH 198.9 million, PZU Life – UAH 138.5 million, ARKS Life – UAH 126.2 million.
In January-May 2025, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 462.5 million, which is 32.1% more than in the same period in 2024, according to the insurer’s website.
Premiums under hull insurance contracts for this period amounted to UAH 313.5 million, which is UAH 35.9 million, or 12.9% more than in January-May 2024, for MTPL – UAH 137.9 million (+76.8%), for other types of insurance – UAH 11.1 million.
The company reports that in January-May 2025, the total amount of insurance claims for insured events amounted to UAH 182 million, including payments to customers with motor hull insurance – UAH 144.2 million, and to victims of motor TPL insurance – UAH 34.8 million.
Express Insurance was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in motor insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.
Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
In January-March 2025, ARX Insurance Company (ARX, Kyiv) collected gross insurance premiums in the amount of UAH 1.313 billion, which is 38.67% more than a year earlier, and net premiums in the amount of UAH 1.261 billion (37.11%).
These statistics are provided on the website of RA Standard-Rating regarding the update of the company’s credit rating/financial stability (reliability) rating at the level of “uaААА” on the national scale based on the results of the first quarter of 2025.
Revenues from individuals increased by 40.33% to UAH 711.167 million, while revenues from reinsurers decreased by 44.65% to UAH 2.967 million. Thus, at the end of the first quarter of 2025, individuals accounted for 54.18% of the insurer’s gross premiums, while reinsurers accounted for 0.23%.
Insurance payments sent to reinsurers in January-March 2025 increased by 91.63% compared to the same period in 2024, to UAH 51.912 million. The share of reinsurance companies in insurance premiums increased to 3.96%.
The volume of insurance payments made by the insurer in the first quarter of 2025 increased by 13.92% compared to the first quarter of 2024, to UAH 491.205 million. Given the higher growth rate of gross premiums compared to insurance payments, the level of payments decreased by 8.14 percentage points, to 37.42%. to 37.42%.
As of April 1, 2025, the company’s assets grew by 6.41% to UAH 5.555 billion, equity increased by 1.99% to UAH 2.686 billion, liabilities increased by 10.90% to UAH 2.869 billion, cash and cash equivalents grew by 41.96% to UAH 1.161 billion.
According to the results of the first three months of 2025, the operating loss amounted to UAH 30.5 million, and net profit amounted to UAH 52.513 million.
The information also reports that as of the beginning of the second quarter of 2025, the insurer made financial investments in the amount of UAH 2.664 billion, consisting of government bonds (73.83% of the investment portfolio) and deposits in banks with an investment credit rating (26.17% of the portfolio). Thus, as of the reporting date, the liquid assets exceeded the liabilities of ARX Insurance Company by 1.33 times.
ARX Insurance Company was established in 1994 and is part of the international insurance holding company Fairfax Financial Holdings Ltd. ARX Insurance Company is one of the five leading insurance companies in Ukraine in terms of premiums collected and payments made. It has been the leader in the CASCO segment of the Ukrainian market for 16 years.
In January-March 2025, PJSC Insurance Company PZU Ukraine (Kyiv) increased its gross premiums by 10.89% to UAH 541.961 million, and net insurance premiums by 17.82% to UAH 555.2 million.
According to Standard-Rating, which updated the company’s credit rating/financial stability (reliability) rating on the national scale to “uaААА” based on the results of the period, revenues from individuals increased by 15.56% to UAH 378.1 million. Thus, the share of individuals in the insurer’s gross premiums amounted to 69.77%, and the share of reinsurers – 0.06%.
The volume of insurance payments and reimbursements made by the insurer in the first quarter of 2025 was 20.13% higher than in the same period of 2024, and the level of payments increased by 3.97 percentage points (pp) to 51.60%.
In January-March, the company’s operating profit amounted to UAH 40.570 million, compared with a loss in the first quarter of 2024, while net profit rose to UAH 58.395 million.
As of April 1, the insurer’s assets increased by 1.97% to UAH 2.547 billion, equity by 6.15% to UAH 1.028 billion, while liabilities decreased by 0.67% to UAH 1.519 billion, and cash and cash equivalents decreased by 18.02% to UAH 341.567 million.
The RA reports that as of the reporting date, the insurer had made financial investments in the amount of UAH 650.594 million, consisting of government bonds (UAH 298.355 million) and bank deposits (UAH 352.239 million), which had a positive impact on its liquidity. Thus, liquid assets covered 65.33% of the liabilities of IC “PZU Ukraine.”
The RA emphasizes that PrJSC IC ‘PZU Ukraine’ is supported by one of the largest insurance groups in Central and Eastern Europe, the PZU Group (which includes the parent company of PrJSC IC ‘PZU Ukraine,’ PZU S.A.).
In 2024, the insurance company Ukrainian Insurance Group (Kyiv) collected UAH 3.01 billion in gross premiums, which is 2.49% more than a year earlier.
This is reported on the website of the rating agency Standard-Rating, which affirmed the financial strength rating/credit rating of the insurance company at uaAA+ for the reporting period.
At the same time, revenues from individuals in 2024 decreased by 7.10% to UAH 1.647 billion, and from reinsurers decreased by 30.75% to UAH 7.003 million. At the end of 2024, the share of individuals in the company’s gross premiums amounted to 54.71%, and the share of reinsurers – 0.23%.
Insurance payments sent to reinsurers in 2024 decreased by 4.24% compared to 2023 – to UAH 489.786 million, the participation ratio of reinsurance companies in insurance premiums decreased by 1.15 percentage points to 16.27%.
The company’s net written premiums increased by 3.91% to UAH 2.52 billion, while net earned premiums decreased by 4.18% to UAH 2.442 billion.
The volume of insurance payments and reimbursements made by “USG” in 2024 amounted to UAH 1.532 billion, which is 3.67% more than in 2023. Thus, the level of payments increased to 50.90%.
The RA also reports that the financial loss from operating activities amounted to UAH 53.076 million (UAH 24.6 million a year earlier), net profit was UAH 23.216 million (UAH 109 million).
As of January 1, 2025, the companies’ assets increased by 9.50% to UAH 2.989 billion, equity increased by 4.20% to UAH 622.670 million, liabilities showed an increase of 10.98% to UAH 2.366 billion, and cash and cash equivalents decreased by 72.13% to UAH 231.658 million.
Thus, as of the beginning of 2025, the company had a satisfactory level of capitalization (26.32%), and cash covered 9.79% of its liabilities.
At the same time, the RA notes that as of the reporting date, the insurer has formed a portfolio of financial investments in the amount of UAH 1.665 billion, consisting of government bonds and government bonds (81.66% of the portfolio) and deposits in banks with a high credit rating (18.34% of the portfolio).
As reported, the controlling shareholder of USG Insurance is Vienna Insurance Group, an international insurance group headquartered in Austria, represented by 50 companies in 30 countries and a leader in the insurance market of Central and Eastern Europe.
In January 2025, Express Insurance (Kyiv) collected insurance premiums in the amount of UAH 102.6 million, which is 71.9% more than in January 2024.
According to the insurer’s website, in January, it paid out more than UAH 34.4 million, which is 17% more than in the same period of 2024.
In particular, payments under hull insurance amounted to UAH 27 million (+5.3%), under MTPL – UAH 6.8 million (2.4 times more), payments under other insurance contracts – UAH 660 thousand.
“The increase in MTPL payments is a direct result of customer confidence in the company and the increase in the number of contracts concluded,” the statement said.
Express Insurance ALC was founded in 2008 and is part of the UkrAVTO group of companies. The company specializes in automobile insurance. The consistently high speed of claims settlement in the IC is ensured by optimal interaction with partner service stations.
Since April 2012, Express Insurance has been an associate member of the Motor Transport Insurance Bureau of Ukraine.
