Business news from Ukraine

TAS INSURER RAISES PAYMENTS BY 29% IN DEC 2020

21 January , 2021  

TAS Insurance Group (Kyiv) in the last month of 2020 paid out UAH 95.23 million of compensation under concluded insurance contracts, which is 29.4% more than in December of the year before last, according to the insurer’s website.
More than a third of all payments for the reporting month (39.18%) fell on OSAGO – UAH 37.31 million, which is 58.6% higher than the corresponding figure for the same period in 2019.
The second place in the December portfolio of the company’s payments with a share of 26.76% is occupied by KASKO: under such insurance contracts, UAH 25.48 million was reimbursed, which is 18.2% more than in December 2019.
Payments under voluntary medical insurance contracts increased even more – by 60.6% – under which UAH 17.61 million was reimbursed during the last month of 2020, which is 18.49% of the insurer’s total payments for the reporting period.
As for Green Card policies, TAS paid UAH 12.98 million in January, which is 13.63% of the total amount of the insurer’s indemnities for the month.
Under other insurance contracts in December last year, the company paid UAH 1.85 million in compensation.

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