Business news from Ukraine

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

15 June , 2023  

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.

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