Euroins Ukraine has increased premiums by 30% to UAH 266 m in H1 2023
28.07.2023
Euroins Ukraine, a subsidiary of the European insurance group Euroins Insurance Group (EIG), has summarised the results of work in the first half of 2023. The company fully complies with the requirements of the market regulator and provides a high level of financial protection of clients.
For 6 months of 2023 Euroins Ukraine collected UAH 266 m of insurance premiums – it is by 30% more than in H1 2022. The highest premium growth was achieved in the segments of voluntary medical insurance (VMI, +69%), MTPL (+61%), as well as accident insurance (+59%).
The volume of indemnities paid to clients of Euroins Ukraine for the first half of 2023 amounted to UAH 125.9 million. On average for this period the company paid out about UAH 1 million per day.
Most importantly, the company throughout the reporting period has consistently maintained high financial stability and liquidity, met all requirements of the regulator, fulfilled its obligations to clients and partners in full and on time.
According to the Insurance TOP industry publication for the first quarter of 2023, Euroins Ukraine is among the top 5 companies in the CMTPL insurance market in terms of premiums collected.
Euroins Ukraine is a universal non-life insurer, operating in the Ukrainian market since 1992. It is a part of Bulgarian Euroins Insurance Group (EIG) - one of the largest independent insurance groups operating in the countries of Central, Eastern and South-Eastern Europe. EIG Insurance Group is a subsidiary of Eurohold Bulgaria, a leading energy and financial group operating in Central, Eastern and South-Eastern Europe.
The company has about 100 representative offices throughout the country and holds 25 licences, 16 of which are for voluntary and 9 for compulsory types of insurance. Euroins Ukraine is a member of the Motor (Transport) Insurance Bureau of Ukraine, actively operating in the segments of motor insurance, health insurance, property, liability and cargo insurance for private and corporate clients. Since the beginning of 2021 Euroins Ukraine is a member of the National Association of Insurers of Ukraine (NASU), which united the leaders of the national market of classical insurance.
