UKRAINE: annual MTPL growth from Jan-March reached almost 19%

16 May 2019 —
For the period from January to March, insurers who are members of MTIBU (Motor Transport Insurance Bureau of Ukraine) generated MTPL GWP of 18.82% more y-o-y. Total GWP amounted to UAH 1.08 billion (~EUR 35.34 million), Forinsurer informed.

MTPL paid claims increased by 7.8%, to UAH 594.3 million (~EUR 19.44 million). At the same time, the total number of contracts also went up by 8.7%, as well as the number of settled insurance claims, rising by 5.6%.