TAS insurer increases premiums by 47.8%, payments by 38.1% for nine months of 2023

KYIV. Oct 25 (Interfax-Ukraine) – TAS Insurance Group (Kyiv) collected UAH 2.542 billion in insurance premiums in January-September 2023, which is 47.8% more than in the three quarters of 2022, according to the company’s website.

Of these, UAH 512.77 million were collected under KASKO, which is 51.2% more than in the same period a year earlier, OSAGO – UAH 825.11 million (37.6% more), Green Card policies – UAH 605.8 million (23.83% more), and voluntary health insurance – UAH 288.22 million (53.8% more).

At the same time, under property insurance contracts, TAS collected UAH 53.84 million in the nine months of this year, premiums were 12.6% more than in the same period last year, and under other insurance contracts UAH 262.47 million (31% more).

During the reporting period, TAS Insurance Group paid UAH 933.21 million as compensation under concluded insurance contracts – 38.1% more than this figure for January-September 2022.

Under KASKO contracts, UAH 286.59 million (56.5% more) was paid, which is 30.71% of the insurer’s total payments, under OSAGO – UAH 350.13 million (31.2% more) and 37.52% of total payments , under Green Card policies – UAH 163.2 million (47.6% more) and 17.49% of the total amount of payments, and for voluntary health insurance – UAH 103.79 million (19.5% more) and 11.12%.

In turn, the amount of payments from TAS under property insurance contracts amounted to UAH 5.83 million. Under other insurance contracts, the company paid UAH 23.67 million in insurance compensation.

TAS Insurance Group was registered in 1998. It is a universal company, offering over 80 types of insurance products for various types of voluntary and compulsory insurance. It has an extensive regional network of 28 regional directorates and branches.

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