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UKRAINE: at the end of April, MTPL increased by more than 13% y-o-y
GWP of MTPL insurers - members of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) increased by 13.57% y-o-y at the end of April 2019, amounting to UAH 1.578 billion (~EUR 53.31 million), reported Forinsurer.
13 June 2019UKRAINE: 16 MTPL insurers got the highest evaluation rating in 1Q2019
The MTIBU (Motor Transport Insurance Bureau of Ukraine) has published the results of Bureau members' financial stability and claim settlement quality; out of 51 companies licensed for MTPL, 16 insurers got the highest evaluation rating in 1Q2019, Forinsurer reports.
6 June 2019UKRAINE: annual MTPL growth from Jan-March reached almost 19%
For the period from January to March, insurers who are members of MTIBU (Motor Transport Insurance Bureau of Ukraine) generated MTPL GWP of 18.82% more y-o-y. Total GWP amounted to UAH 1.08 billion (~EUR 35.34 million), Forinsurer informed.
16 May 2019NUMBER OF GREEN CARD INSURANCE CONTRACTS IN UKRAINE UP BY 48.9%
14 May 2019UKRAINE: InsuranceNEXT Conference - future insurance visualization to be held on June 13 in Kiev
The 3rd international conference InsuranceNEXT will be held on June 13, 2019 in Kiev and will be dedicated to the state of the country's insurance market -which is now at the formative stage for transformation into a new digital reality-, the impact of economic development and GDP on insurance penetration in risk management structure, the future of the insurance market and availability of insurance services for citizens and enterprises.
2 May 2019UKRAINE: net profit of AXA Insurance and AXA Life for the 1st quarter reached UAH 32 million
AXA Insurance and AXA Life, who are among the leaders of the Ukrainian market based on 2018 results, took in a net profit of UAH 32 million (~EUR 1.08 million) in the 1st quarter of 2019, based on IFRS, Forinsurer reports.
2 May 2019STATISTICS: UKRAINE, FY2018: Life insurance increased by 34% y-o-y
GWP of Ukrainian insurers in 2018 increased by 13.67% y-o-y, to UAH 49.36 billion (EUR 1.56 billion), as data published by the regulator show. The market growth in Euro was over 20% due to a more favorable exchange rate of the national currency at the end of 2018.
25 April 2019"AXA Insurance" - the leader of the market of insurance of physical persons of Ukraine in 2018, according to the Insurance Top magazine
24 April 2019UKRAINE: S&P affirmed Ukraine at B-/B, outlook stable
On April 12, 2019 S&P Global Ratings affirmed a 'B-/B' long- and short-term foreign and local currency sovereign credit ratings for Ukraine, the outlook remains stable, stated the agency's report.
18 April 2019UKRAINE: MTPL GWP for Jan-Feb grew by 18% y-o-y
In 2019, between January and February, the total MTPL GWP of insurance companies, members of MTIBU (Motor Transport Insurance Bureau of Ukraine), increased by 18.12% y-o-y, reaching UAH 661.44 million (~EUR 21.57 million), Forinsurer reports.
17 April 2019UKRAINE: GWP of VUSO increased by 45% in 2018
GWP of VUSO insurance company increased by 45% to UAH 724.9 million, and paid claims rose by 24%, to UAH 197.44 million in 2018.
4 April 2019UKRAINE: MTIBU: 2018 was a record year in terms of MTPL paid claims
According to MTIBU (Motor Transport Insurance Bureau of Ukraine), in 2018, MTPL GWP increased by 20% to UAH 4.5 billion, and the number of contracts went up by 4.2% y-o-y.
4 April 2019UKRAINE: GWP of TAS went up by 38% y-o-y in January-February 2019
In January-February 2019, GWP of the TAS group increased by 38.2% y-o-y to UAH 262.87 million, as Forinsurer wrote.
28 March 2019"Ukrainian insurance group" almost doubles its authorized capital
27 March 2019LITHUANIA: Ukrainian insurer GUARDIAN gets new shareholder from Lithuania
In March 2019, Ukrainian insurer GUARDIAN announced in a press release that Lithuania citizen, Arunas SIKSTA, was about to acquire the company as a new shareholder, the insurer said.
21 March 2019UKRAINE: FITCH affirmed Ukraine at B- with stable outlook
In March 2019, FITCH Ratings affirmed Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a stable outlook, according to the agency's official report.
21 March 2019UKRAINE: in January, 2019 MTPL increased by more than 12% y-o-y
GWP of Ukrainian insurers (MTIBU members) in January this year went up by 12.3% to UAH 318.8 million (~EUR 10 million) y-o-y. However, total number of agreements in January decreased by 0.05%, as Foninsurer wrote.
7 March 2019Number of green card insurance contracts in Ukraine up by 13%
6 March 2019In 2 years, Ukrainians have spent on insurance over UAH 50 million
6 March 2019AXA has completed the sale of its Ukrainian units
The French insurer AXA Group announced it has successfully completed the deal with FAIRFAX Financial Holdings Limited (Canada) to sell its Ukrainian units - the non-life entity (AXA Insurance) and life entity (AXA Insurance Life) - both based in Kyiv, as the Paris-based insurer has said in a statement.
20 February 2019XPRIMM Newsletter
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