let’s look at the report of the insurance company "Kniazha" for 2016, which will draw your attention to the level of reliability of our partner in the insurance market of Ukraine.
In 2016, the total volume of UIC "Kniazha" amounted to UAH 434.9 million of insurance payments, which is 9.5% more than in the same period in 2015.
According to the results of the reporting period, the share of automobile insurance in the insurance portfolio of the company amounted to 83.2%. At the same time, the share of OSAGO amounted to 36.7% of the portfolio, CASCO - 21.2%, "Green Card" - 25.2%. Property insurance accounted for 3.5% of the portfolio, personal insurance - 9.3%, other types - 4.0%.
The increase in payments by type of insurance compared to 2015 amounted to: OSAGO - 12.1%, CASCO - 13.1%, personal insurance - 43.5%.
Insurance premiums from individuals for the reporting period amounted to UAH 299.5 million. The total share of insurance premiums received from individuals amounted to 68.9% of the company's insurance portfolio.
In 2016 UIC "Kniazha" paid insurance indemnities for the total amount of UAH 185.8 million, which is 23.1% more than the amount of payments for 2015.
The level of payments for 2016 was 42.7%.
Other indicators of the company as of December 31, 2016:
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Assets – UAH 444.8 million
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Insurance reserves - UAH 250.7 million
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Authorized capital - UAH 102.3 million
The main reporting indicators of insurance companies help to make a decision about the reliability of the insurer and make the right choice when signing an insurance contract!