UKRAINE: in January 2021, GWP of the TAS group increased by more than 22% y-o-y

24 February 2021 —
TAS insurance group, whose insurers are among the TOP-3 companies in the non-life and life insurance sectors of Ukraine, in January 2021 increased its total GWP by 22.4% y-o-y, to UAH 252.4 million (~EUR 7.39 million*), Forinshurer reports.

In terms of classes, voluntary medical insurance generated about UAH 102 million (40.44% of the group's total GWP in January), which is 45.3% more y-o-y. The second class in terms of GWP collected is MTPL (21.09% of GWP or UAH 53.22 million), which increased by 7.4% y-o-y. GWP, received under Green Card policies, also increased by 11% to UAH 38.19 million, followed by Motor Hull (UAH 32.43 million), which grew by 19.6%, and property insurance (UAH 7.18 million).

Paid claims of the TAS insurance group in January 2021 amounted to UAH 88.87 million, which is 37.6% higher than the group's total paid claims in January 2020. The largest share (38.46% of paid claims) among the biggest classes belongs to MTPL, followed by Motor Hull and voluntary medical insurance.

*at the following exchange rate:

1 EUR = 34.157 UAH (as of 01.02.2021)



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