Business news from Ukraine


TAS Insurance Group (Kyiv) in 2021 concluded 2.518 million insurance contracts, of which 1.223 million were for compulsory types of insurance (up 8%), 1.295 million were voluntary (up 13%).
According to the website of the insurer, TAS signed 2.357 million contracts with insured individuals, which is 10% more than the corresponding figure for 2020. Some 12% more contracts were concluded with clients – legal entities – than a year before last, in total, 160,000 of them were issued.
According to the results of the reporting period, the first place in the company’s portfolio was traditionally occupied by OSAGO, under which 1.050 million policies were issued (up 6%), KASKO – 56,896 (up 17%).
The company reports that in 2021, comprehensive insurance contracts were in consistently high demand among consumers, so 346,496 Povny Avtozakhyst (Full Car Protection) contracts and 15,794 Povny Zhytlozakhyst (Full Housing Protection) contracts were concluded. In turn, 127,356 travel insurance policies were issued during the year.
In total, more than 1.217 million customers entrusted their insurance coverage to TAS Insurance Group last year.
As reported, in 2021, the volume of revenues of TAS reached UAH 2.45 billion. In particular, under OSAGO policies, the insurer collected UAH 857.49 million, while UAH 568.36 million under KASKO agreements, UAH 322.81 million of insurance premiums under Green Card policies.

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TAS Insurance Group (Kyiv) in December 2021 paid UAH 102.86 million under insurance contracts, which is 8% more than the amount of compensation paid by the insurer in December of the year before last, according to the company’s website.

Thus, according to the policies of compulsory insurance of car owners’ civil liability, TAS reimbursed the victims UAH 39.13 million, which is 38.04% of the company’s total payments for the month.

The second place in the December portfolio of payments of the insurer with a share of 25.54% is occupied by KASKO with UAH 26.27 million.

Under Green Card policies, the company paid UAH 16.34 million, which is 15.89% of the company’s total payments for the month and is 25.9% higher than the corresponding figure for the reporting period of 2020.

The share of voluntary medical insurance in the insurer’s payout portfolio in December amounted to 15.5%, or UAH 15.94 million.

At the same time, under property insurance contracts, the company reimbursed UAH 2.42 million, which is 4.4 times more than the corresponding figure for December of the year before last.

Under other insurance contracts, TAS paid compensation in the amount of UAH 2.76 million for the 12th month of last year.

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