UKRAINE: from January to May, GWP of TAS group increased by 45%, and paid claims – by 54% y-o-y

2 July 2024 — Marina MAGNAVAL
From January to May 2024, total GWP of the TAS group amounted to UAH 1665.72 million (~EUR 37.86 million), which is 45.4% more y-o-y. In the Motor Hull segment, the company collected UAH 317.25 million, or 19.05% of its total GWP and 29.9% more y-o-y, Forinsurer writes.

The share of MTPL in the TAS portfolio for the period under review amounted to 30.95% (UAH 515.51 million, +32.6%). It is also noted that sales of Green Card policies increased by 2.04 times, reaching UAH 508.16 million, which is equal to 30.51% in the company’s portfolio.

For January-May 2024, the TAS group paid UAH 785.23 million (~EUR 17.84 million) to its clients, which is 54.3% more y-o-y. At the same time, over a quarter of all paid claims (27.85%) fell on Motor Hull (UAH 218.72 million), which is 38% more than in January – May 2023.

The company's MTPL paid claims increased by 39.2%, to UAH 269.89 million, which is 34.37% of the total. The share of paid claims on Green Card policies in the company's portfolio for the period amounted to 19.69% (UAH 154.61 million, +75.2%).

*EUR 1 = UAH 44.00 (May 31, 2024)



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