Inter-Plus insurer reduces net premiums by 22%, payments by 26% for nine months of 2022

KYIV. Nov 1 (Interfax-Ukraine) – Inter-Plus Insurance Company (Kyiv) in January-September 2022 collected UAH 31.188 million in net premiums, which is 22.1% less than in the same period of 2021.

According to the company’s report posted in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, its gross premiums for this period decreased by 2.6 times in the same comparison – to UAH 18.377 million. Some UAH 2.320 million was transferred to reinsurance.

For the nine months, the company paid UAH 2.364 million, which is 26% less than in January-September last year.

The company’s administrative expenses amounted to UAH 20.962 million, distribution costs – UAH 6.491 million

Gross profit decreased to UAH 28.232 million, and net profit – by 16.4 times, to UAH 1.9 million.

PrJSC Inter-Plus Insurance Company 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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