UKRAINE: TAS Group ratings affirmed at uaAA+

1 September 2026 — Marina MAGNAVAL
The rating agency IBI-Rating has affirmed the TAS Group’s long-term credit rating on the national scale at uaAA+ with a stable outlook, Forinsurer reports. The agency also affirmed the Group’s financial strength rating at uaAA+ifr.

According to the agency, TAS Group’s ratings are supported by its leading market positions across key indicators, rapid growth in GWP and net profit, high liquidity, diversification of premiums and paid claims, and a high level of information disclosure and transparency.

The analysis conducted by IBI-Rating experts is based on the insurer's financial statements for the first half of 2026.

In the first seven months of 2026, TAS Group collected UAH 4.66 billion in GWP, a 10.7% increase y-o-y. Of this amount TAS generated UAH 684.46 million in Motor Hull—representing 14.68% of the total and a 20% annual increase. Meanwhile, MTPL GWP rose by 11.6%, accounting for 53.72% of the total Group’s premiums collected during the seven-month period. Green Card policies made up 13.67% (UAH 637.65 million) of the company's portfolio for January–July.

TAS’s paid claims for the first seven months of 2026 totaled UAH 2,458.44 million, an increase of 59.8% y-o-y. Motor Hull accounted for 19.71% of the company's payments for the reporting period (UAH 484.64 million, up 29.2%). Meanwhile, MTPL paid claims increased 2.35-fold to UAH 1,240.65 million, representing 50.46% of the company's total. From January to July TAS paid out UAH 384.52 million on Green Card policies, which is 15.64% of its total paid claims.

According to data from the National Bank of Ukraine (NBU), TAS holds the top position in the Ukrainian insurance market in terms of both GWP and paid claims, the source added.

*EUR 1 = UAH 49.81 (as of July 31, 2026)



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