Business news from Ukraine

TAS INCREASES PAYMENTS BY 55% IN APR

25 May , 2021  

TAS Insurance Group (Kyiv) paid out UAH 101.57 million of compensation under concluded insurance contracts in April, which is 55.4% more than the corresponding figure for the second month of spring 2020, according to the insurer’s website.
According to a press release, 39.08% of the company’s payments in April fell, in particular, on OSAGO (UAH 39.7 million), which is 56.8% more than in the reporting period last year.
In turn, the share of KASKO in the April portfolio of the insurer’s payments amounted to 32.02%, or UAH 32.53 million (more by 62.3%)
Even more – by 95.1% – the volume of payments under voluntary medical insurance contracts increased: UAH 16.84 million were paid under them in April, which is 16.58% of the total amount of the insurer’s indemnities for the specified period.
According to Green Card policies, TAS paid UAH 10.39 million in April, which is 10.23% of the company’s total payments for the month and is 12.9% more than the corresponding figure for the reporting period of 2020.
Under other insurance contracts, TAS Insurance Group paid out UAH 2.11 million of indemnities in April.

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