18:47 16.11.2017

TAS insurer raises insurance premiums by 34.9% in ten months

2 min read

TAS Insurance Group (Kyiv) for the ten months of 2017 collected insurance premiums for UAH 825.82 million, which is 34.9% more than the same indicator for January-October of last year, according to the website of the insurer.

Out of the total amount of collected premiums, 27.85% fall on compulsory insurance of motor vehicle owners' civil liability, on which UAH 230.02 million was collected, which is 35.7% more than the corresponding figure for the same period last year.

More than a quarter of the company's revenues - 25.03% - accounted for Green Card policies, on which UAH 206.67 million were raised. At the same time, under KASKO agreements during the mentioned period the company collected UAH 127.15 million of premiums, which is 15.4% of the total revenue and 47.6% more than the amount under KASKO agreements for January-October 2016.

Contracts for voluntary medical insurance account for 8.31% of the revenues of TAS: some UAH 68.66 million of premiums was collected, which is 57% more than during the same period last year. The fifth place in the insurer's portfolio is occupied by property insurance contracts, on which UAH 56.98 million of insurance premiums were attracted, which is 6.9% of the total amount of revenues for the ten months and more than 2 times higher than the corresponding figure for January-October 2016.

The volume of TAS insurance claim fee payments for the ten months reached UAH 291.66 million, this is 39.6% more than the amount of compensation for January-October last year.

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