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UKRAINE: from February 7th this year local insurers concluded 15.7 thousand e-MTPL agreements
In Ukraine from February to June this year local insurers have sold around 15.7 thousand of electronic MTPL policies, according to the data of the Motor Insurance Bureau of Ukraine.
28 June 2018Ukrainians are prepared for the increase in the price of insurance
26 June 2018UKRAINE: Q1 shows that the local market is getting more concentrated
Q1 2018 shows that 100 local insurers accumulate 98.3% of the total market GWP. Total number of Ukrainian insurance companies as of the end of the 1st quarter - 292, at that 32 of them are life insurers and 260 - risk insurers.
21 June 2018UKRAINE: TAS insurance group saw a 36.9% y-o-y premiums increase in the first 5 months of 2018
TAS insurance group, included in TOP-10 of Ukraine, for 5 months this year generated premiums in the amount of UAH 524.82 million, which is 36.9% more than for the same period last year, says the group's report.
20 June 2018UKRAINE: foreign owned insurers generated saw a 35% y-o-y increase in GWP in 1Q2018
In Q1 2018 Ukrainian insurers with foreign capital generated GWP in the amount of UAH 6,783 billion (+35%), according to the member of the National Financial Services Committee Aleksandr ZALETOV.
20 June 2018UKRAINE: Non-banking financial institutions increase profit tax payment by 72.6% in Q1 2018
19 June 2018UKRAINE's insurers raise collection of net premiums by 26%
13 June 2018Insurers in Ukraine in the quarter. increased net premium premiums increased by 26.7%, gross - by 6.6%
13 June 2018UKRAINE: insurance licenses of DOMINANTA revoked
National Financial Services Committee revoked all insurance licenses of insurer DOMINANTA, member of the committee Denis YASTREB said.
13 June 2018Ukraine: in Q1 77.7% of complaints were about insurance non-compliance
National Financial Services Committee of Ukraine in Q1 received 1,955 complaints from citizens (378 more than in the previous quarter). At that 77.7% of complaints were about insurance legislation non-compliance, as informed by the insurance news portal Forinsurer.
7 June 2018UKRAINE: Number of agricultural insurance agreements grows by 48.6% in 2017, premiums by 21.4%
4 June 2018EUROINS Insurance Group to acquire Ukrainian travel insurer ERV
Bulgaria-based EUROINS Insurance Group (EIG) announced is acquiring ERV Ukraine, the travel insurance business of Germany-based ERGO, part of German global reinsurer MUNICH Re. "The two companies have signed purchase agreements. The deal is expected to be finalized after obtaining regulatory approvals".
19 April 2018STATISTICS: UKRAINE, FY2017: total market growth amounted to more than 23%; non-life up by 25% in local currency
Ukrainian insurance market in 2017 grew overall by 23.49%, while the non-life sector saw an above average performance, with GWP increasing by 25% in local currency, data published by the National Financial Services Commission of Ukraine show.
19 April 2018UKRAINIAN drivers will once again receive "letters of happiness"
19 April 2018PZU insurer posts UAH 24 million profit in Ukraine
PZU Ukraine insurance company (Kyiv) in 2017 posted a net profit of UAH 24.701 million, which is 2.4 times less than in 2016, according to materials for the agenda of a general shareholders' meeting scheduled for April 26. Uncovered loss of the company for the year decreased by 14%, to UAH 215.220 million. Cash and cash equivalents increased by 3.8 times, to UAH 88.717 million.
28 March 2018UKRAINE: European Insurance Alliance plans to close 11 regional units
The shareholders of PJSC European Insurance Alliance (Kyiv) at a meeting on April 24 will consider the issue of closing 11 regional units that are practically not functioning.
22 March 201820 insurers left the Ukrainian market in 2017, according to the National financial services commission
20 insurers were delisted from the national register of financial organizations of Ukraine in 2017 (14 - risk insurers and 6 - life insurers), as it appears from the report of the National financial services commission of Ukraine.
21 March 2018UKRAINE: INGO summed up the results of 2017
15 March 2018Axa increases premium collection by 20% in ukraine in 2017
AXA Insurance in 2017 collected UAH 1.679 billion of insurance premiums, which is 20% more than a year earlier, while the company's net profit under international standards increased by 2.3 times, to UAH 57 million, according to a press release from the insurer.
8 March 2018UKRAINE: European Travel Insurance posts 31% rise in number of insured tourists in 2017
European Travel Insurance (ERV, Kyiv) in 2017 increased the number of insured tourists by 31.27% compared to 2016, to 749,100 tourists traveling abroad and 86,600 tourists traveling in Ukraine.
15 February 2018
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