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”).
In June 2026, the TAS Insurance Group (Kyiv) paid out 343.5 thousand UAH under its insurance contracts, which is 74.1% more than during the same period in 2025.
According to the insurer’s website, 19.3% of total payouts were for comprehensive auto insurance (CASCO), or 66.4 million UAH (34.5% more than in May 2025); 49.1% were for mandatory third-party liability insurance (OSCPV), or 168.7 million UAH (2.1 times more); and “Green Card” insurance—15.9%, or 54.6 million UAH (+59.2%).
The share of voluntary medical insurance (VMI) in the company’s claims portfolio was 42.04 million UAH (+41%). Meanwhile, under property insurance policies, the company paid out 3.2 million UAH, which is 3.4 times more than the figure reported for May of last year.
Under other insurance policies, the company paid out 8.57 million UAH during the month—2.2 times more than last year.
TAS Insurance Group was registered in 1998. It is a universal insurer offering over 80 types of insurance products across various categories of voluntary and mandatory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
Shareholders of PJSC “Ukrainian Fire and Insurance Company” (Kyiv) plan to approve, at a meeting on July 13, 2026, the amount of annual dividends for common registered shares based on the company’s performance in 2025, totaling UAH 40 million.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the decision to pay dividends was adopted by the annual remote general meeting of shareholders (minutes dated May 8, 2026).
The dividend payment is planned to be made in several installments (proportionally to all shareholders within a total 6-month period from the date of the decision).
The first installment (37.5% of the total amount): UAH 15 million by August 5, 2026; the second – UAH 15 million by October 13, 2026; the third installment – 25% of the total amount, or UAH 10 million, by November 7, 2026.
PJSC “UPSK” was registered in 1993. It specializes, in particular, in motor vehicle insurance, financial risk insurance, travel insurance, property insurance, cargo insurance, and baggage insurance.
According to the company, Oleksandr Mykhailov owns 99.999% of the insurer’s shares.
According to the NBU, the company ranks 16th among Ukraine’s non-life insurers in terms of premiums collected in 2025.
On June 10, Antonov JSC (Kyiv) opened bids from tender participants for civil aviation risk insurance services (under insurance classes 1, 5, and 11), according to the Prozorro e-procurement system.
The price proposal from the sole tender participant, ASK “INGO,” amounted to €5.158 million, with an expected cost of €5.452 million.
As reported, insurance classes 1, 5, and 11 cover: aircraft insurance; air carrier liability insurance for damage caused to passengers, baggage, cargo, and mail; and civil commercial aircraft operator liability insurance for damage caused to third parties.
The company was the winner of a similar tender a year earlier.
INGO Insurance Company JSC has been providing insurance services for 30 years. Since 2017, the Ukrainian business group DCH has been the majority shareholder.
State Aviation Enterprise (SAE) “Ukraine” (Boryspil, Kyiv Oblast) announced on May 18 its intention to enter into a contract with PJSC “Ukrainian Fire and Insurance Company” for civil aviation risk insurance.
According to the Prozorro electronic public procurement system, the total expected cost of the services is 37.669 million UAH, while the bid submitted by the company—the sole tender participant—is 37.345 million UAH.
UPSK PJSC was registered in 1993. It specializes, in particular, in motor vehicle insurance, financial risk insurance, travel insurance, property insurance, cargo insurance, and baggage insurance. According to the company, Alexander Mikhailov owns 99.999% of the insurer’s shares. According to the National Bank of Ukraine (NBU), the company ranks 16th among Ukraine’s non-life insurers in terms of premiums collected in 2025.
Oschadbank has provided Elektrika Ukraine LLC with EUR 23.6 million in long-term project financing for the construction of a 50 MW battery energy storage system (BESS) with a capacity of 131.2 MWh, the bank announced.
As noted in its press release on Monday, a key feature of the deal is the inclusion of international insurance coverage involving Lloyd’s syndicates.
“For Oschadbank, this project marks the first experience in structuring energy financing with international insurance coverage, specifically involving Lloyd’s syndicates. The fact that international insurance companies are willing to participate in the implementation of energy projects in Ukraine amid the war creates potential for a significant expansion of the energy sector’s development and the implementation of complex infrastructure projects,” commented Serhiy Chernikov, Director of Oschadbank’s Corporate Business Department.
He noted that during the full-scale war, the bank has already concluded deals worth more than UAH 7.4 billion in the corporate business segment to finance the energy sector and remains a leader in this area.
“We are sincerely grateful to Oschadbank for its trust, professionalism, and willingness to support Ukraine’s energy sector even during the most challenging times. Energy storage systems are not just an infrastructure asset, but the foundation of Ukraine’s energy security and the basis of the energy system of the future,” noted Maksym Pyshny, Director of Elektrika Ukraine LLC.
According to him, the company plans to implement a number of additional projects in Ukraine’s energy infrastructure and looks forward to further cooperation with Oschadbank.
As for the BESS project itself, according to the bank, the financing covers approximately 70% of its cost and is aimed at increasing the flexibility and resilience of Ukraine’s energy system amid limited generation and high loads caused by the consequences of the war.
It is specified that the project is being implemented under a long-term contract with NPC “Ukrenergo” and involves the provision of automatic frequency restoration reserve services—one of the main mechanisms for balancing the power system.
