InterExpress insurer to increase its charter capital by 4.4 times

KYIV. Dec 6 (Interfax-Ukraine) – The meeting of shareholders of PrJSC Insurance Company InterExpress (Kyiv) on November 30 decided to increase the charter capital from UAH 7.3 million to UAH 32.3 million through an additional share issue in the amount of UAH 25 million, the insurance company reported in the information disclosure system of the National Securities and Stock Market Commission.

According to the message, during the closed issue it is planned to sell 2,500 shares with a par value of UAH 10,000.

It is also clarified that at the time of the decision, the company’s shareholders are Viktor Kushnir – 55.068% of shares, Liudmyla Rud – 9.863%, Valeriy Andreytsev – 7.671%, Olena Troyan – 9.863%, and Viktoria Kushnir – 8.904%.

According to the information released, UAH 23 million from the placement of the issue will be directed to deposit accounts, and UAH 2 million – to update the website for online sales of insurance products.

As reported, the InterExpres insurer was registered in 2004 and specializes in risk types of insurance.

In January-September 2023, the company collected gross insurance premiums in the amount of UAH 41.278 million, which is 18.76% more than in the same period a year earlier. Net premiums collected by the company increased by 26.67%, to UAH 37.835 million, and earned premiums by 14.09%, to UAH 38.475 million.

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