The TAS insurance group in January-August 2018 attracted UAH 885.15 million in insurance premiums, which is 38.1% more than a year ago. According to a posting on the company’s website, over one third of premiums (34.94%) were from mandatory insurance of civil liability of vehicle owners (OSAGO) policies – UAH 309.26 million (72.7% up year-over-year). Some UAH 187.7 million was collected under Green Card policies (21.21% of total premiums) and 15.5% more than a year ago.
The share of voluntary car insurance (KASKO) was 16.81%. Some UAH 148.78 million was collected under these policies (66% more). Premiums under voluntary medical insurance policies grew by 22.7% year-over-year, to UAH 60.96 million (6.89% of total premiums). The company attracted UAH 32.75 million in premiums under property insurance policies and UAH 145.7 million under other insurance policies.
In January-August 2018, TAS paid UAH 348.66 million in claims, which is 53.6% more than a year ago.
TAS Insurance Company (Kyiv) will pay UAH 44.7 million in dividends for 2017.
This decision was made at a shareholders’ meeting on April 30.
Dividends will be paid within six months from the date of making the decision. Payment will be made in three tranches: UAH 15.789 million, UAH 15.789 million, and UAH 13.138 million.
As reported, the retained earnings of TAS for the past year amounted to UAH 47.01 million, of which UAH 2.353 million will be used to replenish reserves, and UAH 44.7 million to pay dividends.
As reported, the company in 2016 paid UAH 16.845 million in dividends, in 2015 some UAH 10 million.
The ultimate beneficiary of TAS Insurance Company is ex-Deputy Prime Minister Sergiy Tigipko, the founder of TAS Group, which includes TAS Insurance Company and TAS Insurance Group.
PrJSC TAS Insurance Company has been operating in the Ukrainian market since 2000. It specializes in life insurance.
The charter capital of the insurer is UAH 93.322 million.
