Business news from Ukraine

Business news from Ukraine

TAS Insurance Group paid UAH 1.6 mln for drowned excavator

TAS Insurance Group (Kyiv) has paid UAH 1.567 million for a Hidromek HMK 370LC HD excavator drowned in a swampy area, having settled the incident in full, according to the insurer’s website.

It is specified that the incident occurred at one of the border areas in the Rivne region, where large construction equipment, including the excavator insured by TAS, was involved in the construction of additional protective structures. At some point, the excavator suddenly began to “sink”. To rescue the machine, the State Emergency Service was called, which used another excavator to try to make a flooring and at the same time launched drainage pumps.

After examining the circumstances of the incident, TAS Insurance Group, where the excavator was insured under the Pravoe KASKO contract, recognized the incident as insured and settled it in full.

, ,

TAS Insurance Group increased collection of payments by 46.9%

In June 2023, TAS Insurance Group (Kyiv) collected UAH 309.18 million in payments, which is 46.9% more than the amount of premiums raised in June 2022, according to its website.

It is noted that almost a quarter of the insurer’s revenues for the reporting period – 23.37% – came from hull insurance, which collected UAH 72.25 million in payments (+17.3%).

The company’s revenues from MOTPL policies increased by 33.1% to UAH 107.91 million in payments and accounted for 34.9% of the total premiums collected in the month. Under the Green Card, the company attracted UAH 82.35 million in payments, which is 26.63% of the total proceeds of the insurer for the reporting period and 74.8% higher than in June last year.

In turn, the share of VHI in the company’s revenue portfolio amounted to 5.29%, or UAH 16.36 million of insurance premiums in June 2023. Property insurance contracts amounted to UAH 4.13 million (+22.2%).

The company’s revenues from other insurance contracts amounted to UAH 26.18 million in June.

,

IG “TAS” has increased payments by 35.6%

Insurance group “TAS” (Kiev) for the first six months of 2023 paid insurance indemnities in the amount of UAH 611.19 million – by 35.6% more than in the first six months of last year, according to the insurer’s website.

According to its data, payments under hull insurance contracts for the specified period increased by 52.2% – up to UAH 188.16 million, which is 30.79% of the total amount of payments for this period.

At the same time, the share of CMTPL insurance in the portfolio of payments amounted to 38.24% (UAH 233.69 million) – by 25.5% more than in the corresponding period last year. Even more – by 78,6% – payments under “Green Card” have grown – up to UAH 106,38 mln, which is 17,41% of the total volume of payments of the group.

In turn, under contracts of voluntary medical insurance SG “TAS” in January – June paid UAH 63,58 mln, which is 10,4% of the total amount of indemnities paid during the reporting period and by 5,3% exceeds the corresponding indicator for six months last year.

In the first half of the year TAS IG paid UAH 4.38 mln under property insurance contracts, and UAH 15 mln under other insurance contracts.

, ,

“TAS” will insure employees of “Ukrenergo” for UAH 40 mln

PJSC “National Energy Company (NEC) “Ukrenergo” on July 6 announced the intention to conclude with the insurance group “TAS” for voluntary health insurance services for 8.522 thousand people.

As reported in the system of electronic public procurement Prozorro, the expected cost of the purchase of services is 46.678 million UAH, the price offer of the company – 38.941 million UAH.

The tender was also attended by IC ROM Ukraine with a price offer of UAH 38.626m, VUSO – UAH 44.989mn, Unica – UAH 45.553mn.

“Ukrenergo unites eight regional power systems: Dnipro, Donbas, Western, Crimean, Southern, South-Western, Northern and Central.

“Ukrenergo” operates backbone and interstate power transmission lines, as well as performs centralized dispatching of the country’s united power system. NEC is a state-owned enterprise subordinated to the Ministry of Energy of Ukraine.

SG TAS was registered in 1998. It is a universal company offering its clients more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.

, ,

TAS IG has increased payments by almost third

TAS Insurance Group (Kyiv) has paid UAH 508.88 mln under insurance contracts within the first five months of 2023, which is 32.3% more than during the same period last year, according to the insurer’s website.
Thus, UAH 158,5 mln was paid out on CASCO contracts, which makes 31,15% of the total reimbursements of the insurer and exceeds the mentioned index for the five months of 2022 by 50,9%.
More than a third or 38,09% corresponded to CMTPL – UAH 193,82 mln (+19%), 17,34% to payments on “Green Card” (UAH 88,25 mln, +94,8%), 10,08% to the contracts of voluntary medical insurance (UAH 51,3 mln).
TAS IG has paid UAH 4,11 mln. according to the property insurance contracts for five months. The Company’s payments under other insurance contracts in January-May amounted to 12.9 mln.
TAS IG was registered in 1998. It is a universal company offering customers more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.

, ,

TAS IG has increased collection of payments by 62,2%

TAS Insurance Group (Kyiv) has collected UAH 275.8 mln of insurance payments in May 2023, which is 62.2% more than the company’s revenues in the same period of 2022.
According to the message on the insurer’s web-site, UAH 55,24 m of premiums have been attracted due to hull insurance contracts, which makes up 20,03% of the total monthly payments of the company and exceeds the specified indicator for May 2022 by 82%.
The proceeds from MTPL insurance increased by 46.9% up to UAH 96.89 mln, or 35.13% of the total May premiums.
The part of “Green Card” in company’s portfolio was 19.9%, or UAH 54.89mln, which is 37.9% more than in May of the last year.
At the same time, the company collected UAH 15,74 mln of payments according to voluntary health insurance contracts during the reporting period, and UAH 4,69 mln – to property insurance contracts, which is 72,4% more than the corresponding index for the last month of spring 2022.
The amount of receipts of TAS IG on other insurance contracts has reached UAH 48,35 mln according to the results of May.

,