Inter-Plus insurer triples net premiums, cuts payments by 21.8% in Jan-Sept

KYIV. Oct 27 (Interfax-Ukraine) – The insurance company Inter-Plus (Kyiv) collected UAH 96.1 million in net premiums in January-September 2023, which is three times more than in the same period in 2022.

As reported in the company’s report in the information disclosure system of the National Securities and Stock Market Commission, its gross premiums increased 4.9 times, to UAH 89.2 million. UAH 1.923 million (16% less) was transferred to reinsurance.

In the first nine months the company paid UAH 2.879 million, which is 21.8% less than in January-September last year.

Administrative expenses for this reporting period amounted to UAH 38.6 million (83.9% more), sales expenses – UAH 21.169 million (an increase of 3.3 times).

The financial result from operating activities grew by 27.3 times, to UAH 33.626 million, and net profit rose by 17 times, to UAH 32.581 million, compared to January-September 2022.

PJSC Insurance Company Inter-Plus carries out insurance activities in the field of risk insurance and has been operating in the insurance market of Ukraine since 2003.

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