Business news from Ukraine

TAS Insurance Group increased payments by one and half times in February

21 March , 2024  

In February 2024, TAS Insurance Group (Kyiv) paid UAH 148.73 million under the concluded insurance contracts, which is 55.2% more than the company’s claims in February last year.

According to the insurer’s website, 31.99%, or UAH 47.58 million, was accounted for by motor hull insurance, which is 31.3% more than in the same period in 2023, 35.57%, or UAH 52.9 million, by MTPL, which is 49.5% more.

Payments under the Green Card increased by 79.9% to UAH 20.45 million, which is equal to 13.75% of the total amount of payments made by the insurer for the month.

At the same time, the company paid UAH 22.65 million under voluntary health insurance contracts in February, which is 15.23% of the company’s total payments for the month and 2.21 times higher than the corresponding figure for the same period in 2023.

Last month, TAS Group paid UAH 1.02 million under the concluded property insurance contracts. The volume of payments made by the insurer under other insurance contracts in the reporting period amounted to UAH 4.13 million.

TAS IG was registered in 1998. It is a universal company offering more than 80 types of insurance products in various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.

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