By KYIV. Nov 6 (Interfax-Ukraine) – GRAWE Ukraine (Kyiv) collected UAH 96.840 million in net premiums in January-September 2023, which is 7.3% more than in the same period last year, according to the company’s report posted in the information disclosure system of the National Securities and Stock Market Commission.
It is also noted that the company’s gross premiums for the reporting period increased by 25.4%, to UAH 106.4 million. Some UAH 7.851 million was transferred to reinsurance.
For nine months, the company paid out UAH 50.834 million, which is 59.4% more than in January-September 2022.
The company’s administrative expenses amounted to UAH 15.255 million, sales expenses – UAH 41.693 million.
Pretax financial result was UAH 1.226 million versus UAH 34.262 million for nine months of 2022. The net loss amounted to UAH 1.965 million against a net profit of UAH 31.718 million in the comparable period last year.
On April 10, 2008, INPRO insurance company became a member of the Austrian financial concern GRAWE (Grazer Wechselseitige Versicherung AG) and was renamed PrJSC Insurance Company GRAWE Ukraine. The regional network of the company includes about 23 customer service centers in Ukraine.
