OREANDA-NEWS. On February 21, 2008 ASKA Insurance has summed up performance for the last year, reported the press-centre of SCM.

In 2007 ASKA received insurance premiums at amount of UAH 334,386,000 including UAH 284,453,900 in voluntary insurance and UAH 49,932,100 in obligatory insurance. Insurance agreements signed with individuals brought UAH 75,013,200. The amount of collected insurance payments grew by more than 1,5 times compared to the same period last year.

Payouts for the same period hit company’s record level of UAH 228,086,100 including UAH 217,934,600 in voluntary insurance and UAH 10,151,500 in obligatory insurance. Payout amount grew three-fold compared to 2006. Payouts to individuals totaled UAH 22,203,300. This made ASKA the leader by payout amounts in 2007.

In particular, in 2007 ASKA settled the biggest material damage in the history of independent Ukraine after blast of blast furnace at Azovstal Metal Plant (the overall payout amount exceeded $30m). In total, 40,827 loss occurrences were settled in 2007, i.e. daily ASKA effects over 160 insurance payouts.

The level of payouts by the company in 2007 was 68,2%, where agreements for insurance of individuals account for almost 30%.

The number of signed insurance agreements totaled 188,884 with 130,499 signed with individuals. Insurance of property, liability of motor vehicles owners, voluntary liability, voluntary medical insurance, and hull insurance account for the biggest share in company’s insurance portfolio.
 
Information for journalists
ASKA is a universal insurance business providing insurance protection on 16 voluntary and 10 obligatory insurance types. Its regional network includes 36 branches and 66 representative offices in all Ukrainian regions and an office in Moscow.

As of 1 January, 2008, its authorized stock amounts to UAH 64,584,880 and will grown by UAH 40m soon.

Company’s operation is inspired by the mission “Big Company the People Need”. A core mechanism to realize the mission for ASKA is building a customer-focused company that targets first of all to provide high-quality insurance services in all Ukrainian regions.