UKRAINE: GWP of TAS from January to October went up by 38.5% y-o-y

TAS insurance group reported for the first 10 months of this year GWP worth UAH 1.14 billion (+ 38.5% y-o-y) and paid claims of UAH 436.83 million (+49.8% y-o-y), Forinsurer wrote.

MTPL premiums reached UAH 393.84 million (+71.2% y-o-y). Green card premiums amounted to UAH 234.42 million (+13.4% y-o-y), in Motor Hull the company generated UAH 198.73 million (+56.3% y-o-y). Voluntary health insurance has 8.52% share in the insurer's portfolio (UAH 97.51 million), thus increased by 42% y-o-y. In property insurance TAS generated UAH 43.21 million.

For 10 months TAS group paid totally UAH 436.83 million (+49.8% y-o-y). In MTPL the insurer paid UAH 156.94 million (+56.7% y-o-y). 24.4% of total company's paid claims was made under Green card policies. The share of Motor Hull in paid claims during the period under consideration amounted to 23.31%. Paid claims in voluntary health insurance reached UAH 46.72 million and increased by 65.4% y-o-y.

According to 1H2018 market results TAS insurance group is in TOP-10 insurers and took 6th place in terms of GWP in the general market ranking of Ukraine.

*EUR 1 = 32.02 UAH (31.10.2018)

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles


AIG Life Limited (UK) announces the appointment of a new CEO

AIG Life Limited (UK) announced the appointment of Philip WILLCOCK - the former CEO of AVIVA's Indonesian and Italian ventures - as CEO, subject to regulatory approval, effective March 1, 2019. He will be based in London and will report to Adam WINSLOW, CEO, International, Life & Retirement.


Sylva de FLUITER takes over as head of UNIQA Re AG

Sylva de FLUITER will take over as head of UNIQA Re AG in Zurich as of 1 January 2019, the Austrian group announced. Until year end she will work hand in hand with long-time Managing Director Hans Uwe MULLER, who will retire after 14 years at UNIQA Re.


MERCER to name Bala VISWANATHAN Chief Operating Officer

MERCER, the consulting subsidiary of MMC - Marsh & McLennan Companies, announced that Bala VISWANATHAN, CEO of Jardine Lloyd Thompson Group plc (JLT) UK & Ireland Employee Benefits, will join MERCER as Chief Operating Officer.



Reducing the risks in agriculture by using insurance means, discussed in Skopje

On November 1st, an Agricultural insurance conference took place in Skopje, Macedonia, organized by the Insurance Supervision Agency in cooperation with the Ministry of Agriculture, Forestry and Water Economy. Drawing attention to the necessity of reducing the risks in agriculture by using insurance was the event's main purpose.


IIF 2018 - Insurance in a DIGITAL WORLD

Emmanuel DJENGUE, Innovation Director, Europe - RGAX, Spain is the Keynote Speaker at IIF 2018 - Insurance in a DIGITAL WORLD Conference in Bucharest, on November 27.


See all