UKRAINE: motor classes take leading positions in GWP and paid claims portfolio of TAS

13 November 2019 —
From January to September 2019, GWP of the TAS Insurance Group increased by 31.4% y-o-y, Forinsurer reports.

About a third of the group's GWP was generated by MTPL (UAH 439.31 million / ~EUR 16.67 million), which is 25% more y-o-y. Green Card policies ranked second in terms of GWP (22.44%) with an increase of almost 40% y-o-y, while Motor Hull accounted for 18% of the group's GWP, increasing by 38.1%.

It's worth noting that in the paid claims portfolio the first three leading positions were also taken by motor classes: MTPL in the first place - paid claims accounted for almost 40% of the company's paid claims, 26.2% of claims were paid under Motor Hull insurance, and Green Card policies ranked third (14.48% of paid claims).

According to 1H2019 market results, TAS ranked 5th in the non-life sector, and 3rd among life insurance companies of Ukraine.

*EUR 1 = UAH 26.3486 (01.10.2019)