Business news from Ukraine

TAS Insurance Group has paid out more than UAH 465 mln to clients in first quarter of year

6 May , 2024  

Insurance group “TAS” (Kiev) for January-March 2024 paid out under the concluded insurance contracts indemnities in the amount of UAH 465,89 mln, which is 50,8% more than in the same period of the previous year.

According to the insurer’s website, more than a quarter of its payments (27,54% or UAH 128,31 mln) following the results of the first quarter fell on CASCO, which is 33% higher than the corresponding indicator for the same period of the last year, 35,46% or UAH 165,21 mln – on MTPL insurance (+ 40,1%), 18,91% or UAH 88,12 mln – on voluntary medical insurance (+62,6%)

At the same time, the company has paid UAH 2,8 mln of indemnities under property insurance contracts during the reporting period – by 38,3% more than in the first three months of the last year.

The volume of payments under other insurance contracts amounted to UAH 10.92 mln, which is 30.9% higher than in the same period of 2023.

SG “TAS” was registered in 1998. It is a universal company offering its clients more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.

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