UKRAINE: 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.

On the claims side, the total value of paid MTPL indemnities reached UAH 393.30 million (~EUR 12.82 million), increasing by 8.5% y-o-y. Around UAH 73.11 million from this volume was paid under European Accident Statement, growing by 43.1% compared to the same period the year before. The total number of the settled claims increased by 6.4%.

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