By KYIV. Nov 14 (Interfax-Ukraine) – PrJSC Insurance Company Nadiyna (Kyiv) collected insurance premiums in the amount of UAH 99.575 million in January-September 2023, which is 1.68% more than in the same period last year.
Such data were published in the information of the Standard-Rating agency on the update of the company’s credit/financial reliability rating of the insurer at the uaA+ level on the national scale.
At the same time, premiums from individuals amounted to UAH 501,000, and premiums from reinsurers – UAH 2,000. Thus, based on the results of nine months of 2023, the insurer’s client portfolio in terms of gross premiums was mainly formed by legal entities.
Insurance premiums sent to reinsurers for the nine months of 2023 compared to the same period in 2022 decreased by 33.68% – to UAH 55.145 million. Thus, the participation rate of reinsurers in insurance premiums decreased from 84.91% to 55.38% or by 29.53 percentage points.
The insurer’s net premiums increased by 3.01 times, to UAH 44.430 million, and earned premiums by 3.55 times, to UAH 44.086 million.
The volume of insurance payments made by the company for the nine months of 2023 compared to the same period in 2022 increased by 3.04 times – to UAH 5.721 million. Thus, the level of payments increased by 3.83 percentage points – up to 5.75%.
Profit from operating activities for January-September 2023 increased to UAH 27.042 million, and the insurer’s net profit increased to UAH 25.198 million.
The insurer’s assets as of September 30, 2023 increased by 46.66% – to UAH 89.159 million, equity capital showed an increase of 51.33% – to UAH 74.284 million, liabilities – by 27.07%, to UAH 14.875 million, cash and their equivalents increased by 2.87 times – to UAH 38.415 million.
As reported, the company was registered in the unified state register of legal entities and individual entrepreneurs in 2006. Its charter capital is UAH 15 million.
According to data from the National Securities and Stock Market Commission, as of the fourth quarter of 2022, the company’s shareholders were eight individuals with stakes of 9.5%, one – 5%, and another owned 19%.
