In January–July 2026, “Express Insurance” collected insurance premiums totaling 795.9 million UAH, an increase of 18.8% compared to the same period in 2025.
According to the insurer’s website, premiums for comprehensive auto insurance totaled 504.9 million UAH, an 11.6% increase over the first seven months of 2025, while premiums for mandatory auto liability insurance amounted to 274.1 million UAH, a 35.6% increase compared to the same period last year.
Revenue from other business lines totaled 16.9 million UAH, which is 9.7% higher than the figure for the first seven months of 2025.
The number of insurance policies issued in the first seven months of this year increased by 37% compared to the same period last year.
“This growth outpaces the growth in premiums, indicating the expansion of the company’s customer base and the acquisition of new policyholders, while simultaneously increasing revenue,” the statement said.
The company also notes that during the same period, it paid out 394.9 million UAH in insurance claims to customers, which is 48.7% more than last year.
Express Insurance was founded in 2008. It is part of the UkrAVTO group of companies. It specializes in auto insurance.
The company has over 300 insurance agents throughout Ukraine and is actively expanding its network of partner auto service centers.
comprehensive auto insurance, INSURANCE, mandatory auto liability insurance, PREMIUM, UKRAVTO
In January–June 2026, Ukrainian insurance companies increased commission payments to insurance intermediaries under mandatory auto liability insurance (OSCPV) policies by 58.6% compared to the same period in 2025—to 2.589 billion UAH, and for comprehensive auto insurance (CASCO) by 26.2%, to 2.330 billion UAH.
According to the website of the National Bank of Ukraine (NBU), commissions paid to intermediaries for “Green Card” insurance decreased by 20.9%, to 642.751 million UAH, while those for property insurance increased by 4.8%, to 516.8 million UAH, while commissions for voluntary medical insurance (VMI) rose by 18.1%, to 423.9 million UAH; commissions for assistance services increased by 36.4%, to 324.5 million UAH; and commissions for financial risk insurance rose by 4.3%, to 368.3 million UAH.
In addition, according to the regulator, expenses for marketing and advertising activities related to MTPL insurance products rose by 4% in the first half of 2026, to 14.5 million UAH; for the “Green Card,” they rose by 1.4%, to 2.3 million UAH; and for comprehensive auto insurance (CASCO)—by 16.8%, to 15.7 million UAH.
At the same time, expenses for maintaining and operating the insurer’s office under MTPL contracts increased significantly—by 61.7%, to 81.8 million UAH; for CASCO—by 11.6%, to 64 million UAH; “Green Card” insurance—decreased by 11.1%, to 12.7 million UAH; property insurance—increased by 36.6%, to 12.6 million UAH; and voluntary medical insurance (VMI)—by 3.1%, to 16.06 million UAH.
On August 31, the Zaporizhzhia municipal enterprise “Zaporizhzhiaelektrotrans” announced a tender for accident insurance covering the life, health, and ability to work of drivers, operators, and passenger check-in attendants—including ticket inspectors for road and urban electric transportation.
According to the Prozorro electronic government procurement system, the estimated cost of the services is 98,900 UAH.
The deadline for submitting bids is September 8.
Insurance Company “Arsenal Insurance” made the largest payment under a comprehensive auto insurance policy in the company’s history—11.4 million UAH—for the total loss of a 2024 Aston Martin.
According to the company’s website, while driving on a wet road, the driver lost control of the vehicle—the car skidded and crashed into a guardrail at high speed.
“Arsenal Insurance” is a non-life insurance company with 100% Ukrainian capital. It has been operating since 2005. It holds a license that allows it to operate in all 18 classes of non-life insurance. It is also the leader in premiums collected in the comprehensive auto insurance (CASCO) market for January–June 2026.
On August 19, JSC “NAEK ‘Energoatom’” announced a tender for liability insurance covering damage that may result from emergencies related to the operation of high-risk facilities
According to the Prozorro e-procurement system, the total expected cost of the services is 96,400 UAH.
Bids for participation in the tender will be accepted until August 27.
Insurance Company “Veles” (Odesa) plans to change its name to PJSC “Veles” and update its business activities, according to information submitted by the insurer to the disclosure system of the National Securities and Stock Market Commission (NSSMC).
According to the information, the company’s shareholders plan to consider this matter at a meeting on September 15, 2026.
The company plans to remove the following from the list of economic activities it is authorized to conduct: insurance, risk assessment, and other auxiliary activities in the field of insurance and pension provision. And to include, in particular, consulting on commercial activities and management; brokerage services in the trade of timber, construction materials, and plumbing
fixtures; brokerage services in the trade of furniture, household goods, iron and other metal products; the leasing and operation of owned or leased real estate; legal services; the activities of head offices; and consulting on commercial activities and management.
As previously reported, the National Bank of Ukraine, by a decision dated July 29, 2026, revoked the company’s license to conduct insurance activities and removed it from the State Register of Financial Institutions based on a submitted application.
Insurance Company “Veles” holds a 0.01% market share in terms of insurance premiums and technical reserves.
It was previously reported that on May 14, 2026, the general meeting of shareholders of PJSC Insurance Company “Veles” approved a resolution on the company’s exit from the market and an exit plan.
According to the company’s financial statements, for the first three months of 2026, insurance premiums totaled 1.790 million UAH, technical reserves amounted to 4.501 million UAH, and no insurance claims were paid.
Insurance Company “Veles” has been operating in the market since 1998. It is a member of the “Insurance Business” association. Its authorized capital was 39 million UAH.
