Business news from Ukraine

Business news from Ukraine

UPSC to allocate UAH 25.6 mln for dividend payment

19 May , 2024  

The shareholders of Ukrainian Fire Insurance Company (Kyiv) at a meeting on May 7 decided to allocate UAH 25.6 million for dividends, according to the company’s information posted in the NSSMC system.

The amount of dividends per share is UAH 1.6.

As reported, the company planned to allocate the retained earnings of “UPSK” for 2022 to pay dividends.

“UPSC” PrJSC was registered in 1993. It specializes, in particular, in insurance of motor vehicles, financial risks, tourists, property, cargo and luggage.

The insurer is a member of the Motor (Transport) Insurance Bureau of Ukraine and holds 36 insurance licenses: 20 for voluntary insurance and 16 for compulsory insurance.

The authorized capital of the insurer is UAH 100 million.

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