Certificate “ Ukrainian Financial Olympus ” nomination “ Financial Stability ”

“Ukrainian Financial Olympus” nomination “Financial Stability”

the period of company’s existence
Charter capital increased more than

15-fold and in 2009 was UAH 100 mln;
Own capital increased 20-fold and in 2009 was UAH 150,1 mln;
Reserves achieved the level of UAH 30,1 mln;
165,3 mln UAH of insurance compensations is paid.

of business

OJSC IC «Universalna», CJSC IC «Ukrainian Insurance Group», CJSC IC

«Kashtan», OJSC «IC «Nova», OJSC IC «Arma», IC «VUSO», IC «Krona», ALC IC «Provita», CJSC UIIC «Investservice», CJSC «VAB-insurance». .

life. This is by far a too big number of

players given the size of the market. Our estimation of the size of this market is about USD 3.5 billion (GWP), out of which only up to USD 1.7 billion is real insurance.
The World financial turmoil affected all participants in the Ukrainian market, though the company to a lesser extent. Still, the effect is visible and growth rate in GWP slowed down.
As a result we expect the number of players to decrease dramatically within next 2 years, Alfa Garant being one of the possible centers for consolidation.

non-mandatory types of insurance, all of them provided by the

Financial Supervisor Authority:

Series АB № 100421-100422 dd 11.10.2005;
321779 dd 23.02.2006;

Series АV № 158798 dd 03.10.2006;
158971 dd 31.10.2006;
299013-299029 dd 07.11.2006.

in insurance market of Ukraine. In order to satisfy its

clients and offer them max range of products the Company participates in:
♦ League of Insurers of Ukraine,
♦ Motor (transport) Insurance Bureau of Ukraine,
♦ Nuclear Insurance Pool.

19 regional centers,

591-63-21, 591-63-23


http://alfagarant.com/ sonina@alfagarant.com