The largest shares in the company's portfolio were occupied by MTPL (61%), Motor Hull (12%) and voluntary health insurance (11%). Growth of premiums was observed in MTPL (+8%), accidents insurance (+27%) and financial risk insurance (+26%).
The company's paid claims last year amounted to UAH 187.5 million, which is 12% less y-o-y. The lion's share of the paid claims fell on the largest segment - MTPL (UAH 117.7 million).
"This year of the war was very difficult, but we maintained high financial stability, fulfilled our obligations to customers and partners, and met strict requirements of the market regulator," commented Yanko NIKOLOV, head of the company's management board, on the results of the year. "This is the main result of our work, which the team carried out with full support of European shareholders. The increase in MTPL business gives hope for maintaining business volumes in 2023. The decrease in Motor Hull, voluntary health insurance, property insurance, travel insurance was inevitable for the insurance market. The reasons are obvious: occupation of large territories of the country, destruction of infrastructure, fall in income and business activity of Ukrainians, shutdown of entire business sectors", he added.
According to the Insurance TOP industry rating for 9 months of 2022, in terms of GWP, Euroins Ukraine was among TOP-10 companies on the MTPL market and among TOP-15 on the market of voluntary liability insurance for vehicle owners.
* 1 EUR = 39.25 UAH (31.12.2022)
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