Business news from Ukraine

Business news from Ukraine

TAS Insurance Group’s claims paid in 2024 increased by 47% to UAH 1.98 bln

In 2024, TAS Insurance Group (Kyiv) paid UAH 1.975 billion under the concluded insurance contracts, which is 47.3% more than the company’s indemnities for 2023.

According to the insurer’s website, more than a quarter of the total volume of payments, or 27.3%, fell on hull insurance – UAH 540 million, which is 34.1% higher than the corresponding figure for the previous year, 32.5%, or UAH 642.3 million, on MTPL (+30.7%), 21.8%, or UAH 430.8 million, on Green Card (+81%).

The share of VHI in the group’s claims portfolio amounted to 14.9%, or UAH 293.6 million (+74.5%) in 2024.

Under property insurance contracts, TAS Group paid UAH 12.92 million (+20.5%) in the reporting period. Other insurance contracts paid UAH 55.7 million (+84.4%).

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.

TAS Insurance Group increased premiums by 62.9% in December 2024

In December 2024, TAS Insurance Group (Kyiv) collected UAH 514.14 million in insurance premiums, which is 62.9% more than in the same period in 2023.

According to the insurer’s website, motor hull insurance premiums in December amounted to 14.6% of the total, or UAH 75.3 million, which is 6.9% more than in December last year; motor third party liability insurance premiums – 47.6%, or UAH 244.7 million (twice as much), and Green Card premiums – 23.6%, or UAH 121.5 million (+49.8%).

Under voluntary health insurance contracts, TAS Group collected UAH 12.33 million in premiums, which is 42.6% higher than the same period last year.

Under property insurance contracts, the company collected UAH 20.44 million in premiums, an increase of 25.7%.

Under other insurance contracts, the company collected UAH 40 million in payments (+56.2%).

As reported, in December 2024, TAS Insurance Group paid UAH 183.3 million under the concluded insurance contracts, which is 30.4% more than the amount of the company’s indemnities for the same month in 2023.

About a quarter of the total volume of payments, or 22.02%, accounted for hull insurance – UAH 40.4 million, MTPL – 34.3%, or UAH 62.9 million (+13.6% compared to December 2023), Green Card – 21.98%, or UAH 40.3 million (+13.5%).

The share of VHI in the group’s claims portfolio amounted to 18.1%, or UAH 33.2 million (+46.9%) in December.

Under other insurance contracts, the company paid UAH 6.62 million (+2.7 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.

TAS Insurance Group increased payments by 30% to UAH 183.3 mln in December 2024

In December 2024, TAS Insurance Group (Kyiv) paid UAH 183.3 million under the concluded insurance contracts, which is 30.4% higher than the amount of the company’s indemnities for the same month in 2023.

According to the insurer’s website, about a quarter of the total volume of payments, or 22.02%, accounted for hull insurance – UAH 40.4 million, MTPL – 34.3%, or UAH 62.9 million (+13.6% compared to December 2023), and Green Card – 21.98%, or UAH 40.3 million (+13.5%).

The share of VHI in the company’s claims portfolio amounted to 18.1%, or UAH 33.2 million (+46.9%) in December.

Under other insurance contracts, the company paid UAH 6.62 million (+2.7 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.

, ,

TAS Insurance Group increased payments by 19.5%

In November 2024, TAS Insurance Group (Kyiv) paid UAH 173.3 million under the concluded insurance contracts, which is 19.5% 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 27.4%, fell on hull insurance – UAH 47.5 million, which is 26.4% higher than the corresponding figure for November 2023, on MTPL – 32.2%, or UAH 55.9 million (+13.6%), on Green Card – 21.8%, or UAH 37.8 million (+45.3%).
In November, the share of VHI in the company’s claims portfolio amounted to 16.5%, or UAH 28.5 million (+30.6%).
The company paid out UAH 3.69 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.

, ,

TAS Insurance Group’s claims increased by 53.3% over 10 months

In January-October 2024, TAS Insurance Group (Kyiv) paid UAH 1.618 billion under the concluded insurance contracts, which is 53.3% more than the company’s indemnities for 10 months of last year, according to the insurer’s website.

More than a quarter of the total volume of payments, or 27.94%, accounted for hull insurance – UAH 452.2 million, which is 38.9% higher than the corresponding figure for 10 months of 2023, 32.3% or UAH 523.5 million – for MTPL (+31.7%), 21.8% or UAH 352.8 million – for Green Card (+99.8%).

The share of VHI in the company’s claims portfolio amounted to 14.33%, or UAH 231.9 million (+87.2%) for the first eight months of the year.

TAS Group paid UAH 11 million (+60.3%) under property insurance contracts in the reporting period.

The company paid UAH 47.2 million (+85.8%) 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.

TAS Insurance Group increased payments by 56%

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.

,