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LIOU under the “Public insurance” summed up in June 2015 in the activities of non-life companies

Date: 03.08.2015. Section: News LIOU, Actual

The project “Public insurance” League of Insurance Organizations of Ukraine carried out the collection and analysis of monthly basic financial performance of insurers.

According to aggregate data on the results of June 2015 in the activities of non-life companies was observed following dynamics of financial indicators, compared to May 2015.

  • 8.2% of gross revenues increased volume of insurance payments;
  • 1.5% decreased gross insurance payments;

That led to a reduction of payments to 8.9%.

Insurance payments

Among the types of insurance portfolios of insurers dominated voluntary property insurance, 38.5% of total payments. The share of non-state mandatory insurance is 32.4%, voluntary personal insurance (except life insurance) – 21,7%, voluntary liability insurance – 7.5%.

Insurance payout

Among the types of insurance payments on voluntary property insurance predominates and is 36.0% of total payments. The share of voluntary personal insurance (except life insurance) is 30.5%, non-state obligatory insurance – 32,6%, voluntary liability insurance – 0.9%.

Also analyzed information on premiums and insurance payments on the types of insurance such as insurance, voluntary medical insurance and legal liability. So for Hull:

  • 12.6% of gross revenues increased volume of insurance payments;
  • 5.0% increase in gross insurance payments;

What led to the reduction of payments by 6.7%.

VMI on:

  • 13.3% of gross revenues increased volume of insurance payments;
  • 1.9% decreased gross insurance payments;

What led to the reduction of payments by 13.4%.

Legal liability by:

  • 3.6% of gross revenues decreased volume of insurance payments;
  • 23.8% increase in gross insurance payments;

What led to the increase in payments by 28.5%.