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Sales volume of SG "TAS" for the first quarter amounted to UAH 284.8 million

Sales volume of SG "TAS" for the first quarter amounted to UAH 284.8 million

20.04.2018

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In the first three months of 2018, the Insurance Company "TAS" attracted UAH 284.8 million in insurance premiums, which is 40.9% higher than the company's sales volume for January-March last year.

So, UAH 89.5 million was collected under compulsory third-party liability insurance policies for car owners, which is 31.43% of the total amount of premiums attracted and 63.8% higher than the same figure for the first quarter of 2017.

Almost a quarter of all the insurer's revenues for the reporting period – 24.85% – fell on "Green Card" policies, under which UAH 70.78 million in payments were attracted, which is 21% higher than the same indicator for the first three months of last year.

In turn, the volume of fees collected by SG "TAS" under land transport insurance contracts for January-March compared to the same indicator for the corresponding period last year more than doubled: UAH 45.74 million in payments in 2018 versus UAH 22.76 million in 2017. Thus, according to the results of three months, the share of CASCO in the insurer's portfolio amounted to 16.06%.

Under voluntary medical insurance contracts of SG "TAS" for the first three months of this year, UAH 29.46 million in payments were attracted, which is 10.34% of the total revenue and 33.2% higher than the same figure for January - March last year. At the same time, UAH 13.4 million in payments were collected under property insurance contracts (4.7% of the total premiums). The volume of revenues from other insurance contracts amounted to UAH 35.92 million, which is 34.2% more than in the first quarter of 2017.

In the first three months of 2018, TAS Insurance Company paid UAH 113.52 million in insurance compensation under concluded contracts, which is 27.9% higher than the same period last year. In particular, under compulsory “motor insurance” policies, victims were paid UAH 42.47 million – 51.4% more than in the corresponding period of 2017. Thus, the share of MTPL in the insurer’s payment portfolio in the first quarter was 37.41%. In turn, the amount of payments under CASCO contracts in January-March reached 27.22 million, which is 23.98% of the total amount of payments and 25% more than the amount of compensation under land transport insurance contracts paid a year ago.

At the same time, under the Green Card policies, SG "TAS" reimbursed 25.68 million UAH in three months, which is 22.62% of the total amount of payments.

Under voluntary health insurance contracts in January-March, the company paid 13.85 million UAH (12.2% in the payment portfolio), which is 49.8% higher than the same figure for the reporting period last year.

In turn, under property insurance contracts, SG "TAS" reimbursed 1.07 million UAH for the specified period, and under other contracts - 3.23 million UAH.

Source: Press Center of SG "TAS"

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