On March 10, Ukrtransnafta JSC announced its intention to conclude a contract with VUSO Insurance Company for compulsory civil liability insurance for owners of land vehicles (CMTPL).
According to the Prozorro electronic public procurement system, the company’s price offer was UAH 1.106 million against the expected cost of UAH 1.255 million.
The tender was also attended by insurance companies Kraina with an offer of UAH 1 more, Arsenal Insurance – UAH 1.191 million.
PJSC “Zakarpatyeoblenergo” on January 21 announced its intention to conclude a contract with IC “VUSO” for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO).
According to the message in the system of electronic public procurement Prozorro, the company’s price offer amounted to UAH 463,006 thousand against the expected cost of purchasing services of UAH 1.1 million.
The tender was also attended by insurance companies “Arsenal Insurance” with an offer of UAH 894 thousand, ‘Kraїna’ – UAH 1.015 million, “Oranta” – UAH 1.040 million.
On December, 23rd Kharkivoblenergo JSC announced about the intention to conclude with IC VUSO (Kiev) the contract for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO).
According to the message in the system of electronic public procurement Prozorro, the price offer of the company – the only participant of the tender corresponded to the expected cost of purchasing services of UAH 423.5 thousand.
IC “VUSO” was founded in 2001. It is a member of ITSBU and NASU, a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.
INSURANCE, Kharkovoblenergo, Motor transport, MTPL insurance, VUSO
The Supervisory Board of Private JSC “IC ‘VUSO’ (Kiev) in order to expand the sales network, to increase the sales volume in the region has decided to create a separate subdivision Ternopil branch of IC ”VUSO No. 2″, the company reported in the information system of the National Commission on Securities and Stock Market (NCSSM).
The separate subdivision will represent the interests of IC “VUSO”, conclude insurance contracts, provide consultations to consumers of insurance services and clients.
IC “VUSO” was founded in 2001. It is a member of ITSBU and UFS, a participant of Direct Loss Settlement Agreement and a member of Nuclear Insurance Pool.
At a meeting to be held from November 27 to December 4, shareholders of IC “VUSO” (Kyiv) plan to decide on the allocation of UAH 20.013 million of confirmed undistributed profit for 2024 to dividend payments.
As reported by the company in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining profit for 2024 in the amount of UAH 98.811 million is planned to be left undistributed.
The company also reports that the net confirmed undistributed profit for 2024 amounts to UAH 118.824 million.
The agenda of the meeting states that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant decision by the general meeting of shareholders.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the Ukrainian Financial Services Association, a participant in the Agreement on Direct Settlement of Claims, and a member of the Nuclear Insurance Pool.
In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023, the company’s net premiums increased by 25.55% to UAH 3.105 billion, and net earned premiums increased by 15.83% to UAH 2.737 billion.
In 2024, VUSO Insurance Company paid out UAH 1.414 billion to its clients, which is 45.40% higher than the amount of insurance payments and reimbursements in 2023. Thus, the payout ratio increased by 4.52 percentage points (pp) to 40.85%.
As of January 1, 2025, the insurer’s assets increased by 25.76% to UAH 1.917 billion, equity capital by 22.45% to UAH 755.839 million, liabilities increased by 28.01% to UAH 1.161 billion, cash and cash equivalents increased by 36.09% to UAH 758.730 million.
Standard Rating has updated the financial stability rating of VUSO Insurance Company (Kyiv) to ‘uaAA’ on the national scale based on the company’s performance in January-September 2025.
According to information posted on the RA website, during this period, the company collected UAH 3.728 billion in gross premiums, which is 49.47% more than during the same period a year earlier.
Revenues from individuals increased by 53.48% to UAH 2.231 billion, while revenues from reinsurers decreased by 12.32% to UAH 32.456 million. Individuals accounted for 59.85% of gross premiums, while reinsurers accounted for 0.87%.
Accrued reinsurance premiums ceded to reinsurance for the nine months of 2025 increased by 47.73% to UAH 417.813 million compared to the same period in 2024, net premiums increased by 49.69% to UAH 3.310 billion, and net earned premiums increased by 43.18% to UAH 2.884 billion.
During the reporting period, VUSO Insurance Company paid out UAH 1.227 billion to its customers, which is 18.16% higher than the amount of insurance payments for the same period in 2024. The payout ratio decreased by 8.72 percentage points to 32.91%.
At the end of the first three quarters of 2025, operating profit increased by 45.81% to UAH 267.938 million, while net profit grew 2.14 times to UAH 201.047 million.
As of 1 October 2025, assets increased by 45.43% to UAH 2.788 billion, equity increased by 25.63% to UAH 949.535 million, liabilities increased by 58.32% to UAH 1.839 billion, cash and cash equivalents grew by 33.90% to UAH 1.016 billion.
The agency also notes that as of the reporting date, VUSO Insurance Company had formed a portfolio of current investments in government bonds in the amount of UAH 462.168 million, which increased the insurer’s level of liquidity, which together covered 80.39% of the company’s liabilities.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the Ukrainian Financial Services Association, a participant in the Agreement on Direct Settlement of Losses, and a member of the Nuclear Insurance Pool.
