UKRAINE: GWP of ARX grew by 14% in 1H

29 August 2024 — Marina MAGNAVAL
ARX, which is one of the TOP-3 in Ukraine and has been operating on the market for 30 years, generated more than UAH 1.9 billion (~EUR 43.86 million) in non-life insurance in the first half of 2024 (+14% y-o-y). The insurer's paid claims exceeded UAH 856 million (~EUR 19.76 million), Forinsurer reports.

One of the most successful LoBs of ARX is Motor Hull. Over the first 6 months of 2024, the company generated over UAH 1 billion in this segment (+24%).

The company's GWP in MTPL exceeded UAH 155 million (+25%). GWP in health insurance exceeded UAH 277 million, and in property insurance ARX collected more than UAH 219 million.

*EUR 1 = UAH 43.32 (June 30, 2024)



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