PZU SA Group has signed a preliminary agreement to acquire 100% of the shares in MetLife Ukraine—the leader of the Ukrainian life insurance market—according to a statement from PZU Ukraine Insurance Company.
It is emphasized that the deal strengthens the PZU Group’s position in Central and Eastern Europe, expands its operations in the life insurance segment, and aligns with its strategy to become a regional leader.
“The acquisition of MetLife Ukraine is an important step in the implementation of our long-term strategy to build a strong international insurance and financial group in Central and Eastern Europe. We are investing in a market leader with an experienced team and a sustainable business model, which strengthens our presence in Ukraine and significantly expands the scale of our operations in the life insurance segment. This decision combines strategic ambitions with solid business fundamentals,” noted PZU CEO Bohdan Benchak.
Furthermore, this aligns with the Group’s strategy of expansion in Central and Eastern Europe, particularly in markets where it already has an established presence. The Ukrainian life insurance market remains relatively underdeveloped compared to other countries in the region, creating significant opportunities for further growth.
From a financial perspective, this transaction is also attractive for the PZU Group. MetLife Ukraine has a strong capital position, high profitability (approximately 20% ROE), and liquidity, which creates potential for dividend payments.
“For PZU Ukraine, the acquisition means a significant increase in scale, access to a sales network that complements PZU Ukraine’s existing network, expanded product capabilities, and an experienced team with a broad customer base,” the statement reads.
According to the information, the PZU Group has responsibly and proactively assessed the risks associated with investing in a country currently in a state of armed conflict. The investment is insured by KUKE (PFR Group), which provides protection against the negative consequences of a potential deterioration in the military or political situation.
“The PZU transaction is yet another foreign investment by a Polish entity in Ukraine that was guaranteed by KUKE this year. The absence of political and force majeure risks, particularly those related to military actions, creates potential for the safe development of our companies,” noted Janusz Władczak, President of KUKE.
Macroeconomic data indicate a high level of resilience in the Ukrainian economy, a gradual stabilization of inflation, and prospects for moderate GDP growth in the medium term, the statement emphasizes.
As previously reported, MetLife Ukraine is part of the leading global corporation MetLife. It has been operating in Ukraine since 2002 and is the leader in the Ukrainian life insurance market.
PJSC Insurance Company PZU Ukraine (Kyiv) collected UAH 2.884 billion in net premiums in 2025, which is 41.9% more than in 2024 (UAH 2.033 billion), according to the insurer’s interim data posted on the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
Premiums written for the year increased by 27.7% to UAH 2.772 billion.
In 2025, the company made compensation payments of UAH 2.739 billion, which is 23.5% more than in 2024. At the same time, gross profit amounted to UAH 145.042 million, compared to UAH 184.743 million a year earlier.
The financial result before tax amounted to UAH 391,015 thousand, and profit expenses amounted to UAH 60.088 million.
The insurer’s net loss for 2025 amounted to UAH 330.931 million, while in 2024, the company ended with a net loss of UAH 21.749 million.
PZU Ukraine Insurance Company is supported by one of the largest insurance groups in Central and Eastern Europe, the PZU Group, which includes the parent company of PZU Ukraine Insurance Company, PZU S.A.
According to the National Bank of Ukraine, PZU Ukraine ranks 11th among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
PJSC Insurance Company “PZU Ukraine” (Kiev) has received for 2025 a net profit of UAH 330.931 mln, while 2024 ended with a net loss of UAH 21.749 mln, as reported in the interim data of the insurer, posted in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM).
It is noted that in 2025 the company collected UAH 2.884 billion of net premiums, which is 41.9% more than in 2024 (UAH 2.033 billion),
Written premiums for the year rose by 27.7% to UAH 2.772 billion.
The company made indemnity payments of UAH 2.739 billion in 2025, 23.5% more than in 2024. Gross profit for the year amounted to UAH 145.042 million, while in 2024 a gross loss of UAH 184.743 million was recorded.
The financial result before taxation amounted to UAH 391,019 thousand, profit expenses amounted to UAH 60,088 million.
IC PZU Ukraine 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..
According to the National Bank of Ukraine, “PZU Ukraine” occupies the 11th position on collected premiums for 9 months of 2025 among non-life insurers of Ukraine.
PJSC Insurance Company PZU Ukraine (Kyiv) collected UAH 2.884 billion in net premiums in 2025, which is 41.9% more than in 2024 (UAH 2.033 billion), according to the insurer’s interim data posted on the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
Premiums written for the year increased by 27.7% to UAH 2.772 billion.
In 2025, the company made compensation payments of UAH 2.739 billion, which is 23.5% more than in 2024. At the same time, gross profit amounted to UAH 145.042 million, while a year earlier it was UAH 184.743 million.
The financial result before tax amounted to UAH 391,015 thousand, and profit expenses amounted to UAH 60.088 million.
The insurer’s net loss for 2025 amounted to UAH 330.931 million, while in 2024, the company ended with a net loss of UAH 21.749 million.
PZU Ukraine Insurance Company is supported by one of the largest insurance groups in Central and Eastern Europe, PZU Group, which includes the parent company of PZU Ukraine Insurance Company, PZU S.A.
According to the National Bank of Ukraine, PZU Ukraine ranks 11th in terms of premiums collected for the first nine months of 2025 among non-life insurers in Ukraine.
The insurance company PJSC IC “ROM Ukraine” (Kyiv) in January-September 2025 has attracted UAH 2,376 billion of premiums, which is UAH 731 million or 44,4% more compared to the corresponding period of 2024, according to the press-release of the company.
The largest increase in payments at the end of the reporting period was recorded in the segment of compulsory insurance of civil liability of owners of land vehicles (MTPL) – by 71%, up to UAH 788 million, or 33% of the total volume, CASCO – by 29%, up to UAH 398 million, or 17% of the total volume.
The company has attracted UAH 659 mln of insurance premiums under “Green Card” policies in the nine months of 2025, which is 28% of the total volume of receipts of the insurer, and by 60% exceeds the corresponding indicator of the same period of 2024.
The share of health insurance in the company’s portfolio amounted to 10%, under contracts of which in the specified period IC has collected UAH 229 mln of payments (+46%).
The volume of receipts of IC ROM Ukraine under other insurance contracts following the results of the nine months of 2025 has amounted to UAH 301 mln.
Private JSC IC ROM Ukraine has been working in the market of Ukraine since 1993. It is supported by one of the largest insurance groups of Central and Eastern Europe – PZU Group (which includes the parent company of PJSC IC ROM Ukraine – PZU S.A.).
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.).
