Business news from Ukraine

Business news from Ukraine

Top five players in Ukraine’s insurance market by premiums for January–May 2026 have been determined

24 June , 2026  

TAS Insurance Group once again became the leader of Ukraine’s insurance market in terms of premiums collected in January–May 2026, with a figure of 3.154 billion UAH (compared to 2.736 billion UAH for January–May 2025), according to data from the “PRIMA” information exchange project of the National Association of Insurers of Ukraine (NASU).

Compared to the same period a year earlier, ARKS Insurance Company retained second place among the market’s top five leaders with 2.546 billion UAH (2.254 billion UAH), with third and fourth places taken by ING Insurance Company—2.469 billion UAH (1.895 billion UAH) and Unica Insurance Company—2.434 billion UAH (1.977 billion UAH), which swapped positions. Meanwhile, VUSO Insurance Company dropped out of the top five, giving way to Arsenal Insurance Company with 2.391 млрд грн.

The top five companies in the mandatory motor vehicle liability insurance market, based on premiums written over the first five months of this year, included TAS Insurance Group—1.715 billion UAH (last year’s figure: 1.424 billion UAH), “Oranta”—1.308 billion UAH (1.272 billion UAH), “Knyazha VIG”—967.7 million UAH (926.5 million UAH), “Arsenal Insurance”—654.7 million UAH (previously not among the top 5 in compulsory motor third-party liability insurance), “INGO” – 510.1 million UAH (438.7 million UAH). Insurance Company ‘VUSO’ dropped out of the top 5 for MTPL.

There were minor shifts among the leaders in the “Green Card” market in terms of premiums collected during the specified period. It is led by PZU Ukraine Insurance Company – 527.4 million UAH (239.6 million UAH), which previously held third place, edging out TAS Insurance Group – 419.1 million UAH (529.5 million UAH), “USG”—278.7 million UAH (445 million UAH), which dropped from second to third place.
Insurance Company “Knyazha VIG,” with 156 million UAH (150.5 million UAH), remains in fourth place, while “VUSO” – 107.3 million UAH – has replaced Insurance Company “INGO.”

The ranking of Ukraine’s top 5 insurers for the first five months of 2026 was led by Insurance Company “Arsenal Insurance” with 1.233 billion UAH (949.2 million UAH for the first five months of 2025), swapping places with ARKS Insurance Company—1.224 billion UAH (1.074 billion UAH). Next are “Unica” Insurance Company—627.2 billion UAH (474.1 billion UAH), “VUSO” Insurance Company—617 million UAH (497.3 million UAH), which also swapped places, and “Universal” Insurance Company—557.2 million UAH (446.9 million UAH).

In the voluntary medical insurance (VMI) segment, as before, SK “UNIKA” leads with 1.017 billion UAH (934.9 million UAH), followed by SK “INGO” with 623 million UAH (465.3 million UAH), Insurance Company “Universal” – 507.6 million UAH (390 million UAH), Insurance Company “VUSO” – 492.3 million UAH (342.7 million UAH), and Insurance Company “ARKS” – 310.8 million UAH (278.8 million UAH), which have switched places.

As previously reported, as of May 1, 2026, there were 47 property and casualty insurers operating in the Ukrainian insurance market (52 as of the end of the first five months of 2025). Ten specialize in life insurance, and one has special status (“Export-Credit Agency”).

 

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