UKRAINE: TAS notes the largest increase in 1Q in the Motor Hull segment

17 May 2023 —
TAS insurance group, which is among the top 5 insurers in Ukraine, collected UAH 659.75 million in 1Q2023 (~EUR 16.51 million), which is 21.6% more than in the same period last year, Forinsirer reports.

The largest increase, following the results of the reporting period, was recorded in the Motor Hull segment - by 67.3%, up to UAH 139.15 million, which is 21.09% of the insurer's total portfolio.

At the same time, the share of MTPL in the company's portfolio amounted to 31.72%: in January-March, UAH 209.3 million were collected, which is 36.9% more y-o-y.

For the first three months, TAS's Green Card premiums reached UAH 149.01 million, which is 22.59% of the insurer's total and exceeds the corresponding last year's level by 61.3%.

The share of voluntary health insurance in the company's portfolio was 14.06%: under voluntary health contracts the company collected UAH 92.73 million. TAS also generated UAH 15.62 million in property insurance (+10.8%).

* 1 EUR = 39.95 UAH (01.04.2023)