At a meeting on May 5, shareholders of VUSO Insurance Company (Kyiv) decided to allocate UAH 20.013 million from the remaining net retained earnings for 2024, which total UAH 98.811 million, for dividend payments.
As the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining portion of retained earnings for 2024, amounting to UAH 78.799 million, will remain undistributed.
It is noted that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023; the company’s net premiums grew by 25.55% to UAH 3.105 billion, and net earned premiums by 15.83% to UAH 2.737 billion. It paid out UAH 1.414 billion to clients, which is 45.40% higher than the volume of insurance payments and reimbursements for 2023.
As of January 1, 2025, the insurer’s assets grew by 25.76% to UAH 1.917 billion, equity by 22.45% to UAH 755.839 million, liabilities increased by 28.01% to UAH 1.161 billion, and cash and cash equivalents by 36.09% to UAH 758.730 million.
