By KYIV. Oct 25 (Interfax-Ukraine) – PrJSC Ukrainian joint-stock insurance company ASKA-Life (Kyiv) in January-September 2023 collected net and gross insurance premiums in the amount of UAH 117.5 million, which is 49% less than for the same period in 2022.
In the company’s interim financial report, published in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, premiums to reinsurers are not indicated.
According to published data, for the nine months of 2023 the company paid clients UAH 8.376 million, which is 36% more than in the same period last year.
The company’s administrative expenses during the reporting period increased by 15.4%, to UAH 9.436 million, and sales expenses decreased by 2.2 times, to UAH 98.9 million.
The financial loss from operating activities for the nine months of 2023, compared with its figure for the same period in 2022, decreased to UAH 12.6 million from UAH 15.7 million.
The net loss amounted to UAH 1.058 million, which is 6.5 times less than in January-September 2022.
ASKA-Life was registered in 2003 and specializes in life insurance.
As reported on the website of the National Securities and Stock Market Commission, as of the second quarter of 2023, some 55.6667% of the company belongs to SCM Finance Limited, while Oleksandr Sosis holds 44.3333%.
