Business news from Ukraine

Business news from Ukraine

TAS Insurance Group has paid out more than UAH 1.3 bln under insurance contracts in 2023.

29 January , 2024  

Insurance group “TAS” (Kiev) in 2023 paid out under the concluded insurance contracts totaling UAH 1.341 billion, which is 48.3% higher than the amount of reimbursements of the company for 2022.

According to the company’s website, payments under CASCO contracts have increased by 60.2% – up to UAH 402.78 mln, which is 30.03% of the total volume of payments of the insurer for 2023, MTPL – by 39%, up to UAH 491.21 mln (36.62%), “Green Card” – by 64%, up to UAH 35.5 mln (25.3%).

Payments on “Green Card” have increased in 2,9 times – up to UAH 238,05 mln that makes 17,75% of the total amount of payments of the insurer for the reporting period. Payouts under VHI have increased by 44,2% – up to UAH 168,28 mln (12,55%).

Under property insurance contracts the company paid out UAH 10,72 mln last year – by 19,6% more than in 2022.

Under other insurance contracts SG “TAS” has paid UAH 30,2 mln in 2023.

SG “TAS” was registered in 1998. It is a universal company, offers 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.

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