OREANDA-NEWS. On 06 March 2008 was announced, that the press-conference of Allianz Insurance Company (Ukraine) has taken place on 4 March in Kyiv in the conference hall of the Opera Hotel. It was devoted to the results of Company’s activities in 2007. In the press conference participated: Hannes Chopra, CEO of Allianz Eurasia (Russia and CIS), CEO and Board Chairman of ROSNO Insurance Company (Russia) and Joachim Wessling, Country Manager of Allianz SE in Ukraine, CEO of Allianz Life (Ukraine).

 In his speech Hannes Chopra has stated that: “The year 2007 was a successful year for Allianz in Ukraine. The Company collected UAH 119.272 million of insurance premiums having increased this indicator more than twice in comparison with the previous analogous period. The Company has been growing more rapidly than the market what corresponds to Allianz intensions to take the lead at Ukrainian insurance market in the middle-term perspective“.

In the whole amount of insurance premiums 69.6% make the premiums in car insurance contracts (KASKO), 4.6% - the premiums in personal insurance contracts (except life insurance) and 18.9% – premiums in property insurance contracts.

In 2007 Insurance Company Allianz paid the insured UAH 61.656 million. In comparison to the results of 2006 this indicator has increased in 8.5 times. In the entire structure, specific weight of indemnity payments in motor Insurance contracts made 73.3%, in property insurance contracts– 11.2%, and 11.0% was the personal insurance part (except life insurance).

 Joachim Wessling indicated that Allianz has been paying specific attention to correctness of formation and sufficient amount of insurance reserves. Namely these reserves allow the Company to undertake the risks of its clients which amount is constantly growing. According to the results of 2007, insurance reserves of Allianz increased by 122.8% in comparison with the analogous indicator for 2006 and made UAH 82.011 million. In the whole world Allianz focuses, in the first range, on the reliability and financial stability of companies members of the Group.

 Joachim Wessling also told the journalists about the new organizational structure of Allianz which will assist to optimize the Company’s business processes: “In the new structure the VMI direction is separated into a special vertical that will facilitate the management of development of this type insurance. All changes are directed onto the increase of Allianz insurance products quality and improvement of customer service in the Company. The new organizational structure will help us correspond to the heist standards of Allianz Group”.