Euroins Ukraine increased business volumes with more than 33% by the end of 2020

January 21, 2021

In 2021, Euroins will continue to increase its market share in Ukraine in key sectors, develop new business areas in order to provide universal insurance coverage for our clients.” comments Yanko Nikolov, Chairman of the Board of Euroins Ukraine.

Euroins Ukraine has summed up the preliminary results of work in 2020. Despite the challenges of the corona virus crisis, the insurer demonstrates steady growth in its client portfolio and the volume of GWP. At the same time, the financial reliability of the company fully meets the new strengthened requirements of the market regulator.

The company has fully implemented its development plan for 2020. So, with the planned increase in insurance premiums by 25%, up to UAH 320 million, actual payments from customers increased by more than a third. Positive dynamics was achieved despite the decline in many driving sectors of the Ukrainian insurance market.

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