The TAS Insurance Group, headquartered in Kiev, has reported paying out UAH 465.89 million in indemnities to clients during the first quarter of 2024, marking a significant increase of 50.8% compared to the same period last year.
According to information released on the insurer’s website, a substantial portion of these payments, totaling 27.54% or UAH 128.31 million, were attributed to Comprehensive Auto Insurance (CASCO), reflecting a 33% rise from the corresponding period in 2023. Similarly, payouts for Motor Third Party Liability (MTPL) insurance amounted to 35.46% or UAH 165.21 million, representing a notable 40.1% increase year-on-year. Voluntary medical insurance saw disbursements of 18.91% or UAH 88.12 million, showing a robust growth of 62.6%.
Property insurance indemnities also surged during the reporting period, reaching UAH 2.8 million, a notable 38.3% increase from the first three months of the previous year.
Additional payments under various other insurance contracts totaled UAH 10.92 million, marking a significant 30.9% rise from the same period in 2023.
Established in 1998, TAS Insurance Group is a comprehensive insurance provider offering over 80 types of insurance products covering both voluntary and compulsory categories. The company boasts an extensive regional presence with 28 regional directorates and branches, along with 450 sales offices strategically located throughout Ukraine.
