UKRAINE: TAS Group increased GWP in January-March by almost UAH 112 million y-o-y

5 May 2021 —
In the first three months of 2021, TAS insurance group set another record in GWP collection, the amount of which reached UAH 590.18 million (~EUR 18.08 million*), which is almost UAH 112 million more than in the first quarter of 2020, Forinshurer said.

MTPL is the leader in the company's portfolio with a share of 29.05%, under which the company attracted UAH 171.45 million (+9% y-o-y). Voluntary health insurance ranks second with a share of about 21% (UAH 123.68 million, +60.1%). The share of Motor Hull is 20.14% (UAH 118.89 million, +32%), about 16% of the insurer's GWP (UAH 94.36 million, +15.1%) fell on Green Card policies, and UAH 18.44 million was attracted by the TAS group under property insurance.

The company's paid claims for the period reached UAH 276.08 million, which is 32.4% more compared to the first quarter of 2020. Of this amount, 37.61% are MTPL paid claims (UAH 103.84 million, +43.6%), Motor Hull comes in second, in terms of the paid claims volume with a share of 32.57%, and voluntary health insurance ranks third (16.31%).

TAS Insurance Group is one of the leaders of the Ukrainian insurance market - is among TOP-5 non-life insurers and TOP-3 life insurers.

*at the following exchange rate:

1 EUR = 32.629 UAH (01.04.2021)



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