MTPL GWP for the period amounted to UAH 1.5 billion (EUR 45.9 million*), which is 13% more y-o-y. For the settled 40.1 thousand claims of victims of road accidents, the insurers paid UAH 822 million of insurance compensation. The number of settled claims increased by 10% compared to 1Q2020, and total amount of paid claims - by 21%. The average premium size increased by 5%, while the average paid claim amount increased by 10.3%. Thus, the volume of paid claims is growing at a faster pace than premiums.
TAS insurance group became the leader in terms of the number of concluded contracts (226.7 thousand units). TOP-3 leaders also include ORANTA and UPSK. The same companies are leading both in terms of generated MTPL GWP and number/amount of paid claims.
*at the following exchange rate:
1 EUR = 32.629 UAH (01.04.2021)