Insurance Company “KD Life” (KD Life, Kyiv) collected UAH 33.2 million in net premiums from January through June 2026, a 40.4% increase compared to the same period in 2025, according to the insurer’s interim data posted on the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
The company tripled its gross profit compared to the same period a year ago—to 12.9 million UAH—and increased its sales expenses to 172,000 UAH from 43,000 UAH.
Operating profit amounted to 222 million UAH, compared to 4.407 million UAH for the same period a year ago; profit before taxes increased 20.5-fold, reaching 28.148 million UAH; and net profit totaled 22.383 million UAH, compared to 84,000 UAH in January–June 2025.
KD Life is a Ukrainian company founded in 2007 by the KD Group holding company.
The KD Group holding company is a leader in the Eastern European financial market, with nearly 130 years of experience in life and risk insurance, financial management, and investment funds.
Ukraine is not included in the ranking, as the study covers EU countries and four non-EU countries—Serbia, the United Kingdom, Norway, and Switzerland.
The National Bank of Ukraine (NBU) revoked the insurance operating licenses of PJSC “Insurance Company ‘ASKO DS’” (Kyiv) and PJSC “Insurance Company ‘Peremoha’” (Kyiv).
According to the regulator’s website, the reason for this decision regarding ASKO DS was the company’s failure to submit a business recovery plan and a financing plan to the NBU, as revealed by the results of off-site supervision of the company’s activities.
The business recovery plan was intended to ensure the insurer’s financial recovery and compliance with solvency capital requirements within no more than 180 days from the date the violation of such requirements was identified, while the financing plan was to be implemented within no more than 90 days. Failure to fulfill these obligations led to the National Bank’s repeated rejection of the insurer’s business recovery plan and financing plan.
As for IC “Peremoha,” the results of off-site supervision of the company’s activities revealed that the insurer was engaging in risky activities that threatened the interests of its policyholders and/or other creditors.
Evidence of such activities included the omission and misrepresentation in the insurer’s information systems of data contained in contracts and other source documents, on the basis of which reporting data for the relevant reporting period are calculated or generated. The extent of the omissions and distortions exceeded 10% of the reporting data and the data contained in the insurer’s information systems, and more than 20% of the minimum absolute value of the minimum capital.
The decisions to impose sanctions on ASKO-DS Insurance Company and Peremoha Insurance Company take effect on July 24, 2026. As of that date, the companies lose the right to enter into contracts or make changes (such as extending the terms of existing contracts) regarding the provision of insurance services.
ASKO-DS Insurance Company was registered in November 1991. It has been a member of the Motor (Transport) Insurance Bureau of Ukraine since 1994 and a member of the “Insurance Business” Association since 2015.
According to the National Bank of Ukraine (NBU), the company ranks 30th among Ukraine’s non-life insurers in terms of premiums collected in 2025.
As previously reported, ASKO-DS Insurance Company (formerly Mir Insurance Company, Kyiv) was registered in 1992 and specializes in risk insurance.
According to the National Securities and Stock Market Commission (NSSMC), as of the first quarter of 2026, the shareholders of this insurance company were ABC Finance LLC—79.920% of the shares—and Anastasia Kolesnik—9%.
On June 25, the state-owned enterprise “Chernomorsk Sea Trade Port” (Chernomorsk, Odesa Oblast) announced a tender for the procurement of voluntary comprehensive auto insurance services.
According to a notice posted on the “Prozorro” electronic government procurement system, the estimated cost of the services is 82,400 UAH.
Documents will be accepted until July 3.
On June 29, the Zaporizhzhia municipal enterprise “Zaporizhzhiaelektrotrans” announced a tender for liability insurance services covering the carrier’s liability to passengers on road and urban electric transport.
According to the Prozorro electronic public procurement system, the estimated cost of the services is 973,950 thousand UAH.
The deadline for submitting bids is July 7.
On June 19, PJSC “Khmelnytskoblenergo” announced a tender for compulsory motor third-party liability insurance for owners of land vehicles, according to the Prozorro electronic public procurement system.
The estimated cost of the services is 4.657 million UAH. Documents for participation in the tender will be accepted until June 29. As previously reported, VUSO Insurance Company won a similar tender a year earlier.
In January–March 2026, Ukrainian insurance companies collected UAH 18.061 billion in net premiums, which is 17.9% more than in the same period of 2024 (UAH 15.322 billion).
According to the National Bank of Ukraine (NBU), the volume of gross insurance premiums collected by insurers during this period amounted to UAH 18.114 billion (+17.6%). In particular, premiums received from individuals reached UAH 11.072 billion (+17.4%), and from reinsurers – UAH 62.8 million, which is almost the same as the figure for the same period in 2025.
Insurers paid out UAH 8.454 billion in net insurance claims in January–March 2026 (+46.4%). Gross insurance claims for the reporting period increased by 46% to UAH 8.473 billion. Insurers paid UAH 4.638 billion to individuals (+35.2%) and UAH 41.1 million to reinsurers (+33%).
According to the NBU, the volume of insurance premiums attributable to reinsurers amounted to UAH 1.962 billion (+24.7%), including UAH 1.908 billion (+28.3%) to non-resident reinsurers.
The volume of technical insurance reserves increased to UAH 50.392 billion (+30.3%), and eligible assets – to UAH 88.636 billion (+27.8%).
The regulator also reported that during this reporting period, the number of insurance contracts concluded decreased to 5.165 million (-11.1%) compared to the first quarter of last year.
According to the NBU, the total number of insurance companies in Ukraine as of April 1, 2026, was 57 (Q1 2025 – 63, Q1 2024 – 98), of which 10 were life insurance companies.
