Business news from Ukraine

TAS Insurance Group increased premiums collection by 47.2%

22 May , 2024  

In January-April 2024, TAS Insurance Group (Kyiv) collected UAH 1279.69 million in insurance premiums, which is 47.2% more than in the first four months of last year.

According to the insurer’s website, motor hull insurance premiums amounted to 19.24% of the total or UAH 246.18 million, which is 30.2% higher than the corresponding figure for January-April 2023, MTPL premiums – 30.79% or UAH 393.98 million (+35%), Green Card – 31% or UAH 396.59 million (2.04 times).

In January-April, TAS Group collected UAH 116.7 million in premiums under voluntary health insurance contracts, which is 9.12% of the total premiums and 12.7% higher than the corresponding figure for the same period last year.

In turn, property insurance contracts attracted UAH 28.68 million of insurance premiums, which is 34.7% more than in the same period last year.

Under other insurance contracts for the four months of 2024, the company collected UAH 97.56 million in payments, an increase of 40.4%.

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