Discount up to -16% on car insurance! Catch this great offer until 15.10.2025. 👉 Buy online quickly and without overpayments.

ATTENTION! At 00:00 the MTIBU database will be updated. Please start concluding the contract after 00:00

< Return to list

Sales volume of SG "TAS" in 2017 exceeded 1 billion UAH

Sales volume of SG "TAS" in 2017 exceeded 1 billion UAH

29.01.2018

1560

Last year was marked by a real breakthrough in sales for one of the flagships of the Ukrainian insurance market - TAS Insurance Group.

So, according to the results of 2017, the company's insurance revenues exceeded 1 billion hryvnias, amounting to 1,023.88 million hryvnias, which is 34.1% more than the amount of premiums collected by the insurer during 2016.

In particular, under compulsory third-party liability insurance policies, 290.34 million hryvnias of payments were collected, which is 28.36% of the total revenues and 39.7% higher than the same figure for 2016. The second place in the insurer's portfolio at the end of the year was taken by "Green Card", the amount of payments for which amounted to UAH 245.15 million, which is 23.94% of all insurer's revenues. At the same time, UAH 168.68 million of payments were collected under land transport insurance contracts for the year (16.47% of the total volume) - this is 47.9% more than the amount of premiums under CASCO contracts for 2016.

In turn, UAH 74.5 million of payments were collected under property insurance contracts, which is 7.28% of the total volume of revenues and 21.7% higher than the corresponding figure for the twelve months of the year before last. Voluntary health insurance occupies the fifth place in the insurer's portfolio with a share of 6.94%. Thus, under the VHI contracts, UAH 71.04 million in payments were attracted during the year, which is 55.4% higher than the same figure in 2016.

Accordingly, under other insurance contracts of the TAS Insurance Group in 2017, UAH 174.17 million (17.01% of total revenues) was collected - this is more than twice as much as in the year before last.

The volume of payments of the TAS Insurance Group last year reached UAH 371.34 million, which is 41.6% higher than the amount of reimbursements in 2016. The largest share in the insurer's payment portfolio - 34.55% - falls on compulsory "motor insurance" policies, under which a total of UAH 128.28 million was reimbursed, which is 65.6% more than in the year before last. More than a quarter of all the company's payments last year – 25.69% – fell on Green Card policies, the amount of compensation under which at the end of the year amounted to UAH 95.39 million. Not much less was paid by TAS Group under CASCO insurance contracts – UAH 87.53 million, which is 23.57% of the total amount of compensation and 62.3% higher than the same figure for 2016.

At the same time, the amount of the company's payments under voluntary health insurance contracts amounted to UAH 36.86 million (9.93% of the total amount) – this is 44.5% more than the year before last. In turn, under property insurance contracts, SG "TAS" in 2017 made insurance indemnities in the amount of UAH 5.38 million (1.45%), which is more than 2.5 times higher than the corresponding figure for 2016.

Under other insurance contracts, SG "TAS" paid UAH 17.9 million during the year, which is 4.82% of the total volume of indemnities and 85.2% higher than the same figure for 2016.

Source: Press center of SG "TAS"

Share:

News companies

In 2017, IC Kraina paid out UAH 152 million in compensation

In 2017, IC Kraina paid out UAH 152 million in compensation

Arsenal Insurance Company paid UAH 700,000 under the CASCO contract

Arsenal Insurance Company paid UAH 700,000 under the CASCO contract

Most popular articles

Changes in auto insurance from January 1, 2025 in Ukraine: everything you need to know

Changes in auto insurance from January 1, 2025 in Ukraine: everything you need to know

Top insurance market trends for 2023 | Parasol.ua Blog

Top insurance market trends for 2023 | Parasol.ua Blog

Features of insurance during martial law | Parasol.ua Blog

Features of insurance during martial law | Parasol.ua Blog

Where to insure a car against shelling and missiles during war | Parasol.ua Blog

Where to insure a car against shelling and missiles during war | Parasol.ua Blog

Electric vehicle insurance during war: design features | Parasol.ua Blog

Electric vehicle insurance during war: design features | Parasol.ua Blog

Differences between a national and an international driver's license

Differences between a national and an international driver's license

How to properly communicate with police officers when stopping a car | Parasol.ua Blog

How to properly communicate with police officers when stopping a car | Parasol.ua Blog

ChatGPT in Ukraine: what it can do and how to use it

ChatGPT in Ukraine: what it can do and how to use it

Price for a Green Card for traveling abroad in 2023

Price for a Green Card for traveling abroad in 2023

How to buy a Green Card while abroad

How to buy a Green Card while abroad

Travel insurance for refugees | Parasol.ua Blog

Travel insurance for refugees | Parasol.ua Blog

Which car to choose in 2023?

Which car to choose in 2023?

Insurance for a trip to China

Insurance for a trip to China

Travel insurance in Thailand

Travel insurance in Thailand

What is the difference between a Civil ID and a Green Card?

What is the difference between a Civil ID and a Green Card?

How to increase your car insurance reimbursement limit

How to increase your car insurance reimbursement limit

How to insure yourself as much as possible when traveling abroad

How to insure yourself as much as possible when traveling abroad

What does the cost of OSCPV depend on?

What does the cost of OSCPV depend on?

What is the minimum and maximum period for which a car can be insured under a Green Card?

What is the minimum and maximum period for which a car can be insured under a Green Card?

Continuation of the OSCPV policy

Continuation of the OSCPV policy

How to buy travel insurance at the airport

How to buy travel insurance at the airport

Which countries are included in the Green Card system?

Which countries are included in the Green Card system?

What does and does not travel insurance cover?

What does and does not travel insurance cover?

How to return, terminate a CPPV policy

How to return, terminate a CPPV policy

What to do in case of a traffic accident abroad

What to do in case of a traffic accident abroad

"ARX" is the new name of the leader

"ARX" is the new name of the leader

Unusual insurance cases of Ukrainians on vacation

Unusual insurance cases of Ukrainians on vacation

Franchise in OSCPV and what it affects

Franchise in OSCPV and what it affects

I bought a Green Card policy and my trip was canceled. Can I get a refund?

I bought a Green Card policy and my trip was canceled. Can I get a refund?

Can I buy a travel policy while abroad?

Can I buy a travel policy while abroad?

What is the difference between cheap and expensive Auto Insurance?

What is the difference between cheap and expensive Auto Insurance?

For which vehicles do you need to apply for a Green Card policy?

For which vehicles do you need to apply for a Green Card policy?

What should a tourist do during an insured event?

What should a tourist do during an insured event?

What is the difference between a paper OSCPV policy and an electronic one?

What is the difference between a paper OSCPV policy and an electronic one?

Is it possible to drive abroad without insurance?

Is it possible to drive abroad without insurance?

Who needs travel insurance and why?

Who needs travel insurance and why?

Buying a Civilian Car Online

Buying a Civilian Car Online

Green card under martial law

Green card under martial law

Differences between national and international driver's licenses

Differences between national and international driver's licenses