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Ukraine 1Q2019 Insurance Companies Rankings
Ukraine 1Q2019 Market Portfolio
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UKRAINE: net profit of ARX and ARX Life increased by 58% y-o-y in 1H
In the first half year of 2019, ARX and ARX Life (former AXA Insurance and AXA Life) recorded a total net profit of almost UAH 80 million (+58% y-o-y/~EUR 2.68 million), Forinsurer reports.
2019-08-08UKRAINE: from January to June GWP of ARSENAL Insurance increased by 15% y-o-y
For the first half of the year, GWP of ARSENAL Insurance increased by 15% y-o-y, Forinsurer reports. The key driver of the company's growth is motor insurance.
2019-08-05UKRAINE: January-May MTPL growth exceeded 12% y-o-y
From January to May 2019, Ukrainian insurers generated MTPL GWP 12.3% more y-o-y, and the total number of MTPL policies increased by 3.5%, Forinsurer reports with reference to data published by MTIBU (Motor Transport Insurance Bureau of Ukraine).
2019-07-18Ukrainian insurance market climbs in global rating
2019-07-14UKRAINE: GWP of TAS Group increased by almost 35% y-o-y from January to May
Tas Insurance Group, one of the TOP-5 insurers of Ukraine, generated GWP of UAH 707.45 million (~EUR 23.64 million) from January to May 2019, which is 34.8% more y-o-y, Forinsurer reports.
2019-07-04STATISTICS: UKRAINE, 1Q2019: the market grew by almost 15% y-o-y in local currency
In 1Q2019, total market GWP amounted to UAH 13.3 billion (EUR 436 million), which is 14.74% more y-o-y. Growth was recorded both in the non-life (+14%) and life (+23.6%) sectors, however, market shares remained almost unchanged, as data from the National Financial Services Commission show.
2019-06-20UKRAINE: 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.
2019-06-13UKRAINE: 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.
2019-06-06UKRAINE: 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.
2019-05-16NUMBER OF GREEN CARD INSURANCE CONTRACTS IN UKRAINE UP BY 48.9%
2019-05-14UKRAINE: 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.
2019-05-02UKRAINE: 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.
2019-05-02STATISTICS: 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.
2019-04-25"AXA Insurance" - the leader of the market of insurance of physical persons of Ukraine in 2018, according to the Insurance Top magazine
2019-04-24UKRAINE: 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.
2019-04-18UKRAINE: 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.
2019-04-17UKRAINE: 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.
2019-04-04UKRAINE: 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.
2019-04-04UKRAINE: 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.
2019-03-28"Ukrainian insurance group" almost doubles its authorized capital
2019-03-27
