Business news from Ukraine

Business news from Ukraine

TAS Insurance Group’s claims paid in 2024 increased by 47% to UAH 1.98 bln

26 January , 2025  

In 2024, TAS Insurance Group (Kyiv) paid UAH 1.975 billion under the concluded insurance contracts, which is 47.3% more than the company’s indemnities for 2023.

According to the insurer’s website, more than a quarter of the total volume of payments, or 27.3%, fell on hull insurance – UAH 540 million, which is 34.1% higher than the corresponding figure for the previous year, 32.5%, or UAH 642.3 million, on MTPL (+30.7%), 21.8%, or UAH 430.8 million, on Green Card (+81%).

The share of VHI in the group’s claims portfolio amounted to 14.9%, or UAH 293.6 million (+74.5%) in 2024.

Under property insurance contracts, TAS Group paid UAH 12.92 million (+20.5%) in the reporting period. Other insurance contracts paid UAH 55.7 million (+84.4%).

TAS Insurance Group 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: 28 regional directorates and branches and 450 sales offices throughout Ukraine.