UNIQA Life insurance company (Kyiv) in 2018 saw its net profit rise by 52.6% compared with 2017, to UAH 40.554 million, according to materials for the agenda of a general meeting of shareholders scheduled for April 25.
In addition, the company last year increased its assets by 10.6%, to UAH 1.189 billion. The insurer’s net worth rose by 3.8%, to UAH 415.8 million, charter capital remained at the level of 2017, at UAH 100.09 million.
Total debtor indebtedness decreased by 36.9%, to UAH 39.4 million. Cash and cash equivalents rose by 3.5 times, to UAH 39.320 million.
Long-term liabilities increased by 15% and amounted to UAH 715.1 million, current liabilities were up by 10.4%, to UAH 58.483 million.
UNIQA Life insurance company, established in July 2006, is a subsidiary of UNIQA Group, one of the leading insurance concerns of Central and Eastern Europe.
