In October 2024, TAS Insurance Group (Kyiv) paid UAH 191.1 million under the concluded insurance contracts, which is 56.1% more than the amount of the company’s indemnities for the same month in 2023.
According to the insurer’s website, more than a quarter of the total volume of payments, or 28.8%, accounted for hull insurance – UAH 54.8 million, which is 41% higher than the corresponding figure for October 2023, for MTPL – 28.9%, or UAH 55.3 million (+ 16.7%), for Green Card – 23.4%, or UAH 44.8 million (3.5 times more).
The share of VHI in the company’s claims portfolio amounted to 15.3%, or UAH 28.9 million (+44.1%) in October.
Under other insurance contracts, the company paid UAH 7.38 million (+2.6 times).
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.
The founder of TAS Group of Companies (TAS), Sergey Tigipko, has announced new business areas for the group: the purchase of a seed plant and elevator with a storage capacity of 40 thousand tons, and the construction of apple processing plants and a railcar building plant.
“We are buying a seed plant and an elevator with 40 thousand tons of storage. We are building a railcar manufacturing plant in Kovel for the European railroad. We are building a plant for processing apples from scratch into apple concentrate,” said Tigipko at the 10th Kyiv International Economic Forum (KIEF).
TAS Group was founded in 1998. Its business interests include the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, and venture capital projects.
“TAS Agro, a member of the group, cultivates 83 thousand hectares in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipro regions, where it grows soybeans, sunflower, rapeseed, wheat, barley, and corn. In addition, the agroholding is engaged in dairy farming (up to 5.5 thousand heads of cattle) and owns six elevators with a one-time storage capacity of 250 thousand tons.
In January-September 2024, TAS Insurance Group (Kyiv) collected UAH 3473.1 million in insurance premiums, which is 36.7% more than in the same period last year.
According to the insurer’s website, motor hull insurance premiums for the first nine months amounted to 18.14% of the total, or UAH 630.2 million, which is 22.9% higher than in January-September 2023; motor third party liability insurance premiums -30.2%, or UAH 1084.5 million (+27.1%), and Green Card premiums – 29.5%, or UAH 1024.9 million (+69.2%).
Under voluntary health insurance contracts, TAS Group collected UAH 373.5 million in premiums, which is 10.8% of the total premiums and 32.3% higher than the corresponding figure for the same period last year. Property insurance contracts attracted UAH 67.1 million of insurance premiums, an increase of 24.5%.
Under other insurance contracts for the first nine months of 2024, the company collected UAH 330.02 million in payments (up 25.7%).
As reported, in January-September 2024, the company paid UAH 1.427 billion under the concluded insurance contracts, which is 53% higher than the amount of reimbursements for the first nine months of last year. More than a quarter of the total volume of payments (UAH 397.4 million, or 27.84%) was for motor hull insurance, which is 38.7% higher than the corresponding year-ago figure, 32.8% or UAH 468.3 million – for MTPL (+ 33.7%), 21.57% or UAH 308 million – for Green Card (+ 88.7%).
The share of VHI in the company’s claims portfolio amounted to 14.22%, or UAH 203 million (twice as much) in the first eight months of the year. Under property insurance contracts, TAS Group paid UAH 9.62 million (+65%) in the reporting period.
Under other insurance contracts, the company paid UAH 41.3 million (+74.4%).
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 September 2024, TAS Insurance Group (Kyiv) collected UAH 418 million in insurance premiums, which is 31% more than in the same period in 2023.
According to the insurer’s website, motor hull insurance premiums amounted to 18.2% of the total, or UAH 76.13 million, which is 6.4% more than in September 2023; motor third party liability insurance premiums – 32.3%, or UAH 134.9 million (+24.3%), and Green Card premiums – 31.9%, or UAH 133.2 million (+43.8%).
In September, TAS Group collected UAH 35.08 million in premiums under voluntary health insurance contracts, which is 8.4% of the total premiums and 2.6 times higher than in the same period last year.
In turn, UAH 6.17 million of insurance premiums were collected under property insurance contracts. Under other insurance contracts in September 2024, the company collected UAH 32.51 million in premiums, an increase of 29.3%.
The company also reports that as part of its obligations to conclude insurance contracts in September, it paid UAH 174.85 million, which is 47.6% more than in the same period a year earlier.
At the same time, payments under hull insurance increased by 66.3% to UAH 53.72 million, motor third party liability insurance – by 36.8% to UAH 54 million, Green Card – by 40.4% to UAH 38.39 million, VHI – by 49.8% to UAH 23.08 million, property insurance – by 2.45 times to UAH 2.28 million.
Under other insurance contracts, TAS paid UAH 3.42 million, which is 10.5% more than in September last year.
In January-August 2024, TAS Insurance Group (Kyiv) paid UAH 1.253 billion under the concluded insurance contracts, which is 53.8% more than the amount of the company’s indemnities for the first eight months of last year, according to the insurer’s website.
More than a quarter of the total amount of payments, or 27.4%, accounted for hull insurance – UAH 343.7 million, which is 35.1% higher than the corresponding figure for 8 months. In 2023, 33.1%, or UAH 414.3 million, was accounted for by MTPL (+33.3%), 21.5%, or UAH 269.6 million, by Green Card (+98.4%).
The share of VHI in the company’s claims portfolio amounted to 14.4%, or UAH 179.9 million (2.04 times more) over the past eight months.
Under property insurance contracts, TAS IG paid UAH 7.34 million (+49.7%) in the reporting period.
Under other insurance contracts, the company paid UAH 37.9 million (+84.1%).
TAS Insurance Group was registered in 1998. It is a universal company that offers its clients 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-August 2024, TAS Insurance Group (Kyiv) collected UAH 3056.1 million in insurance premiums, which is 37.5% more than in the same period last year.
According to the insurer’s website, motor hull insurance premiums amounted to 18.1% of the total, or UAH 554.03 million, which is 25.6% more than in January-August 2023; motor third party liability insurance premiums – 29.9%, or UAH 913.6 million (+27.5%), and Green Card premiums – 29.2%, or UAH 891.7 million (+73.8%).
In January-August, TAS Group collected UAH 338.4 million in premiums under voluntary health insurance contracts, which is 11.1% of the total premiums and 26% higher than the corresponding figure for the same period last year.
Also, property insurance contracts attracted UAH 60.88 million in premiums, which is 31.5% more than in the same period last year.
Under other insurance contracts for the first eight months of 2024, the company collected UAH 297.5 million in payments, an increase of 25.4%.
