OREANDA-NEWS. September 16, 2009. According to another rating of the magazine Insurance Top, in the first six months of 2009 Oranta National Joint-Stock Insurance Company proved its leadership on the market of risk insurance. In six months of 2009, Oranta collected a record volume of insurance premiums, about UAH 375 million, despite the crisis.

The proceeds from comprehensive and collision insurance amounted to UAH 139,322; from compulsory civil liability insurance, UAH 122,263; from property insurance, UAH 64,348; from medical insurance, UAH 4,430; from accident insurance, UAH 10,814; from other types of insurance, UAH 33,034.

"We outperformed our closest competitor by almost UAH 90 million based on the volume of insurance premiums collected in the first half-year of 2009, whereas we outperformed our competition by only UAH 23 million in the first quarter. In my opinion, this is undoubtedly management's achievement at the time of global financial crisis," commented upon the victory in the rating Ms. Elena Bolotova, Oranta's Board Chair.

"There is no doubt that today Oranta, like other insurance companies, depends on the realities of the market that experiences hard times. This results in the outflow of insurance premiums and increase of insurance compensations. At the same time, the crises presented Oranta with an opportunity to strengthen its influence on the country's insurance market by widening the gap in premiums collected between the company and its closest competitors. The company's management took advantage of this opportunity," said Ms. Bolotova.