The leaders of the Ukrainian insurance market in terms of premiums collected in January-September 2025 were the insurance companies SG TAS – UAH 5.717 billion (UAH 3.474 billion in the first nine months of 2024), ARKS – UAH 4.238 billion (UAH 3.150 billion), INGO – UAH 3.830 billion (UAH 2.462 billion), VUSO Insurance Company – UAH 3.728 billion (UAH 2.860 billion), and Unica – UAH 3.572 billion (UAH 2.564 billion), according to data from the PRIMA information exchange project of the National Association of Insurers of Ukraine (NAIU).
Changes in the top five for the specified period compared to the same period last year affected SK INGO, which rose from fifth to third place, swapping places with SK Unica.
According to the association’s website, the top five leaders in terms of premiums collected in the compulsory motor third-party liability insurance market have also changed, and after nine months, the leaders are TAS Insurance Company with UAH 2.958 billion (compared to UAH 1.049 billion in the same period of 2024), Oranta with UAH 2.206 billion (UAH 1.004 billion), Knyazha VIG with UAH 1.807 billion (UAH 764.9 million), INGO with UAH 948.2 million, and USG with UAH 831.1 million, pushing PZU Ukraine and VUSO out of the top five PZU Ukraine and VUSO, respectively.
Similarly insignificant changes in the comparable periods occurred in the Green Card market, where the top five remained unchanged: TAS – UAH 960.5 million (UAH 1.025 billion), USG – UAH 828.7 million (UAH 553.7 million), PZU with UAH 659.2 million (UAH 411 million), and Knyazha VIG with UAH 286.4 million (UAH 475.5 million), which switched places, and VUSO Insurance Company – UAH 208.5 million instead of Oranta, which ceded fifth place in this type of insurance.
Similarly, in the CASCO market: as before, it is led by ARKS Insurance Company – UAH 2.057 billion (UAH 1.737 billion), Arsenal Insurance – UAH 1.940 billion (UAH 1.416 billion), VUSO with UAH 955.2 million (UAH 720.4 million) and Unica with UAH 890 million (UAH 826.7 million), which switched places, and Universal with UAH 839.8 million instead of USG.
The former top five also retained their leadership in voluntary medical insurance: Unica Insurance Company – UAH 1.602 billion (UAH 1.193 billion), followed by VUSO Insurance Company – UAH 887.4 million (UAH 603.2 million), Insurance Company Universalna – UAH 866.4 million (UAH 615.8 million), Insurance Company INGO – UAH 780 million (UAH 525.4 million), and Insurance Group TAS – UAH 652.9 million (UAH 405.7 million).
As reported, as of October 1, 2025, there were 50 risk insurers operating in the Ukrainian insurance market (58 on the same date a year earlier), 10 specializing in life insurance (11), and one with special status (Export Credit Agency, ECA).
INGO, INSURANCE MARKET, LEADER, PREMIUM, TAS, UNICA, VUSO, АРКС
In January-March this year, Dneprometiz-TAS LLC (Dnipro), owned by Ukrainian businessman Sergiy Tigipko, increased its net profit by 0.6% year-on-year to UAH 3.938 million.
According to the company’s interim report, net income decreased by 0.58% to UAH 778.319 million in the period under review.
At the same time, the company’s retained earnings amounted to UAH 266.986 million at the end of March.
As reported, in 2024, Dneprometiz-TAS increased its net profit by 47.7% compared to 2023 – to UAH 14.197 million from UAH 9.610 million, while net income increased by 22.7% to UAH 3 billion 285.688 million. At the same time, the company’s retained earnings amounted to UAH 263.048 million at the end of 2024.
“In 2023, Dneprometiz reduced its net profit by 2.6 times compared to 2022, to UAH 9.658 million from UAH 24.733 million. Last year, net income increased by 8.2% to UAH 2 billion 677.836 million.
“In 2022, Dneprometiz reduced its net profit six times year-on-year to UAH 25.572 million, while net income increased by 1.1% to UAH 2 billion 474.397 million.
“Dneprometiz-TAS produces hardware products from low-carbon steels. The company’s annual production capacity is 120 thousand tons.
The company is owned by T.A.S. Overseas Investments Limited (Cyprus) owns 98.6578 percent of Dneprometiz LLC.
The authorized capital of Dneprometiz-TAS LLC is UAH 83.480 million.
In January-February 2025, TAS Insurance Group (Kyiv) paid UAH 391.14 million under the concluded insurance contracts, which is 26.7% more than the amount of the company’s indemnities for the same period in 2024.
According to the insurer’s website, 27.6% of the total volume of payments was accounted for by hull insurance (UAH 108.1 million), which is 22.3% more than in January of the previous year, 31.5% or UAH 123.1 million (+10.8%) for MTPL, and 22.8% or UAH 89.2 million (+71.7%) for Green Card.
The share of VHI in the company’s claims portfolio in December amounted to 15.6%, or UAH 61.08 million (+28.1%).
The company paid UAH 9.7 million under other insurance contracts.
TAS Insurance Group was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
In February 2025, TAS Insurance Group (Kyiv) collected UAH 465.6 million in insurance premiums, which is 49.2% more than in the same period in 2024.
According to the insurer’s website, last month’s motor hull insurance premiums amounted to 14.3% of the total, or UAH 66.7 million, motor third party liability premiums – 50.97%, or UAH 237.3 million, which is 2.4 times more than in February 2014, and Green Card premiums – 23.12%, or UAH 107.65 million (+28.1%).
Under voluntary health insurance contracts, TAS Group collected UAH 22.1 million in premiums, and under property insurance contracts, it attracted UAH 6.4 million in insurance premiums.
Under other insurance contracts, the insurance group collected UAH 25.46 million.
TAS Group also reported that in February 2025 it paid UAH 188.6 million under the concluded insurance contracts, which is 26.8% more than the amount of indemnities for the same period last year.
Out of the total volume of payments, hull insurance accounted for 27.66% (UAH 52.2 million), which is 9.6% more than in February 2014, MTPL – 32%, or UAH 60.37 million (+14.1%), and Green Card – 22.4% (42.23 million).
The share of VHI in the company’s claims portfolio in February amounted to 15.4%, or UAH 28.95 million (+27.8%).
The company paid out UAH 4.88 million under other insurance contracts.
TAS was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
In January 2025, TAS Insurance Group (Kyiv) collected UAH 525.3 million in insurance premiums, which is 47% more than in the same period in 2024.
According to the insurer’s website, motor hull insurance premiums in January 2025 amounted to 9.54% of the total, or UAH 50.12 million, which is 7.7% lower than in January 2024; motor third party liability insurance premiums – 38.45%, or UAH 201.98 million, which is 2.1 times more, and Green Card premiums – 25.84%, or UAH 135.72 million (+46.9%).
Under voluntary health insurance contracts, TAS Group collected UAH 73.54 million in premiums, which is 5.3% lower than in the same period last year and accounts for 14.5% of total premiums.
Property insurance contracts attracted UAH 8.11 million of insurance premiums, which is 22.8% less than last year.
Under other insurance contracts, the company collected UAH 55.78 million, which is 2.1 times more than in January-2024.
As reported, in January 2025, TAS Insurance Group paid UAH 202.6 million under the concluded insurance contracts, which is 26.5% higher than the amount of indemnities paid by the company for the same month in 2024.
Out of the total volume, 27.63% of payments were made on motor hull insurance (UAH 56 million), which is 37% more than in January of the previous year, 31% or UAH 62.7 million (+7.8%) on MTPL, and 24.9% on Green Card.
The share of VHI in the company’s claims portfolio in December amounted to 15.9%, or UAH 32.13 million (+28.3%).
The company paid out UAH 14.82 million under other insurance contracts.
TAS Insurance Group was registered in 1998 and is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine
In January 2025, TAS Insurance Group (Kyiv) paid UAH 202.6 million under the concluded insurance contracts, which is 26.5% more than the amount of the company’s indemnities for the same month in 2024.
According to the insurer’s website, 27.63% of the total volume of payments was for hull insurance (UAH 56 million), which is 37% more than in January of the previous year, 31% or UAH 62.7 million (+7.8%) for MTPL, and 24.9% for Green Card.
The share of VHI in the company’s claims portfolio in December amounted to 15.9%, or UAH 32.13 million (+28.3%).
The company paid out UAH 14.82 million under other insurance contracts.
TAS BUSINESS was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
