Prestige Insurance Company continues to operate despite martial law. The head office, regional directorates and points of sale provide insurance services taking into account the current security situation, curfew rules and compliance with air alarms. The company fulfills its obligations under the concluded contracts in accordance with their terms. Despite the factors caused by the fighting in Ukraine, martial law, the events after February 24 stunned everyone, especially the company's employees in the Irpin region, because a third of the company's staff live in Irpin, Kyiv region, who have been there for more than two weeks, under constant shelling. Other employees in Kyiv. Employees in Kherson. |
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From the beginning of Russia's full-scale aggression until almost mid-March, the company worked in extreme, unpredictable conditions. Under these conditions, we paid taxes for 2021, paid salaries to employees in advance, paid through partner channels and counterparties. Implemented the recommendations of the authorities and legislative and regulatory documents of the regulator. Despite the circumstances, the volume of insurance premiums of Prestige Insurance Company for 2022 amounted to UAH 78.96 million, which is UAH 7.42 million or 8.59% less than the previous year, but more than in the same period of 2020 by UAH 22.32 million or 39.41%. According to the results of 2022, the structure of the Company's insurance portfolio is as follows: property insurance accounts for 84.84%, liability insurance – 12.04%, cargo insurance – 2.54%, personal insurance – 0.59%. Insurance compensation in 2022 amounted to UAH 14.15 million, the level of payments is 17.92%. Through the partner sales channel, the Company implements policies of compulsory third party liability insurance for land vehicle owners (MTPL), land transport insurance (auto-hull insurance), policies of the International Automobile Insurance System "Green Card", as well as concludes contracts of other types of insurance. Thus, the amount of insurance premiums under policies sold by Prestige Insurance Company as an intermediary for 2022 is UAH 9.93 million, including Compulsory MTPL - UAH 8.20 million or UAH 7.7 thousand. policies (in 2021 – UAH 9.83 million or 9.7 thousand policies), of which under electronic policies – UAH 6.06 million, more than UAH 5.0 thousand. policies, or 73.9% of the total number of concluded MTPL agreements, "Green Card" - UAH 1.43 million or 507 policies, auto-CASCO - 293.7 thousand. UAH. The company is focused on working with legal entities. According to the status of the insured, 83.17% of insurance premiums account for payments from legal entities, for reinsurers – 2.05% and 14.78% – for individuals. The company's insurance reserves amounted to 7 669.0 thousand tons. UAH, company assets – 65 593 ths. UAH, equity capital – 47 099 ths. UAH. The actual solvency margin is 46,599.0 thousand tons. UAH and exceeds the normative by 3.99 times, which allows the Company to fulfill all its obligations to customers on time and in full. |
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Prestige Insurance Company was established in 2012, the shareholders of the company are individuals-citizens of Ukraine, has 14 licenses for voluntary and 11 licenses for compulsory types of insurance, and offers clients a wide range of insurance services. Currently, the regional network of Prestige Insurance Company consists of one directorate (in Zakarpattia region), five points of sale (in the cities of Bershad, Boyarka, Lutsk, Tyachiv and Kherson) and about 55 sales agents located in regional centers of Ukraine, providing a full range of insurance services to legal entities and individuals. |