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06.03.2018
1618
According to the results of 2017, AIC «INGO Ukraine» collected 1064.5 million UAH. of insurance premiums, which is 17.1% more compared to 2016.
“Against the background of a high level of uncertainty and risks in the economy, AIC «INGO Ukraine» increased its financial results within the established goals,” notes Chairman of the Board Igor Gordienko. - "The company has been demonstrating positive dynamics for the past few years. Therefore, our current task is to continue to build an operating environment for profitable growth over a long period."
The company's equity increased by almost 5% and amounts to UAH 641 million. Due to the dynamics of profitable growth, the company's assets increased to UAH 1.813 billion at the end of 2017, which is 21% more than in 2016. At the same time, the company meets all standards for asset liquidity. As of 12/31/2017, the actual solvency margin is UAH 616.4 million, which exceeds the regulatory indicator by 275%.
According to its obligations to customers in 2017, the company paid out over UAH 540 million (which is almost 50% more) and settled over 86 thousand insurance events. The reserves formed at the end of the year amounted to UAH 787 million.
The company successfully works with both retail clients and the corporate sector, thanks to which it maintains a balanced portfolio of insurance premiums. During 2017, more than 296 thousand insurance contracts were concluded, of which 176 thousand were with individuals, and 120 thousand with legal entities.
Having started the implementation of a number of IT projects in 2017, the company laid the foundation for the digitalization of a number of business processes and the creation of new services.
“In the coming years, the company will continue to develop corporate IT in the areas of data management, business process development, software application architecture, technical architecture and information security,” - comments Igor Gordienko.
In 2017, the Ukrainian business group Development Construction Holding (DCH) increased its ownership stake in INGO Ukraine Insurance Company to 99.99%
Joint-stock insurance company "INGO Ukraine" has over 20 years of experience in the market. It is one of the largest insurance organizations in Ukraine in terms of premiums, assets and insurance indemnity payments. It has 28 licenses for various types of compulsory and voluntary insurance, provides insurance services to corporate and retail clients. The INGO Ukraine team consists of over 500 employees in 25 branches operating in all regions of Ukraine. On December 26, 2017, the rating agency "IBI-Rating" confirmed the long-term credit rating of PrJSC "Joint-stock insurance company INGO Ukraine" on the National Rating Scale at uaAA, the forecast is "stable".
Source: Press center of IC "INGO Ukraine"
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