LIOU summed up the work of life companies – members of the League under the project “Public insurance” for 1 quarter 2017

Life companies – members of League of Insurance Organizations of Ukraine for the 1st quarter of 2017 collected 352.3 million UAH premiums.

The total amount of insurance reserves for 1quarter 2017 increased by 14.3% compared to the same period in 2016 and amounted to 3.8 billion UAH.

The amount of insurance payments on the basis of 1 quarter 2017 amounted to 61.5 million UAH.

In this case, the assets of these companies by the results of the 1st quarter 2017 amounted to 4.6 billion UAH and total registered participants capital amounted to 254.4 million UAH.

For insurance contract by achieving of insured retirement, premiums increased by 497.6% (7.7 million UAH), for other contracts funded insurance – an increase of 18.3% (230.1 million UAH).

For life insurance contracts only in case of death of insurance premiums increased compared to 1 quarter of last year by 283.7% (17.5 million. UAH).

As for other life insurance contracts, an increase in insurance payments – the results of the 1st quarter 2017 compared to the same period in 2016 by 4.2% (97.1 mln. UAH).

LIOU project “Public insurance” in the context of insurance life companies divided into two categories: internal data (used directly for analysis by participant of the project) and external indicators placed at LIOU.

Thus, data for 1quarter 2017 voluntarily provided 6 member companies of LIOU “KD Life,” “METLIFE”, “ASKA-Life”, “PZU Ukraine Life Insurance”, “TAS” and “Tekom LIFE” .

LIOU project “Public insurance”, the results of 1 quarter 2017 – http://uainsur.com/stats/life/.