ASKA Insurance Company Closed Accounts for H1 2008
OREANDA-NEWS. August 01, 2008. ZAO ASKA Ukrainian Joint Stock Insurance Company (UASK ASKA) collected UAH 164,373,400 in insurance premiums, including UAH 133,851,400 in voluntary insurance and UAH 30,522,000 in compulsory insurance. Growth in insurance premiums made 25% as compared to H1 2007, reported the press-centre of SCM.
Amounts paid out in claims in H1 2008 made UAH 63,217,400, including UAH 52,743,500 in voluntary insurance, and UAH 10,473,900 in compulsory insurance. As compared to H1 2007, total amount of claims paid grew 50%.
So, the amounts paid out by the company in claims in H1 2008 made 38.4% (vs. 32.2% in H1 2007).
Number of insurance agreements made 96,796.
Voluntary medical insurance, property insurance, compulsory owner's motor vehicle liability insurance, and motor vehicle insurance account for the major part in the insurance portfolio of the company.
Profile
UASK ASKA is a universal insurance business providing insurance protection in 16 voluntary and 10 compulsory insurance types. Its regional network includes 36 branches and 66 representative offices in all Ukrainian regions and an office in Moscow.
Authorized stock of the company amounts to UAH 104,584,880 as of 1 July 2008.
Company's mission is “A Big Company People Need”. Building a client-oriented company working to supply high-quality insurance services throughout Ukraine is one of major mechanisms for ASKA to realize its mission.
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