Legal address JSC «Group TAS»:
01032, Kyiv, 30 Simona Petliuri str
tel.: (044) 593-73-01
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9 February 2012

In 2011 the volume of payments IG "TAS" for agricultural insurance increased by 64%

According to preliminary results of 2011 the volume of insurance payments IG "TAS" in the agricultural insurance sector reached 2653 thousand UAH.

According to preliminary results of 2011 the volume of insurance payments IG "TAS" in the agricultural insurance sector reached 2653 thousand UAH. Thus, an increase of 64% or 1032 thousand UAH in comparison with 2010.

A significant increase in payments in this sector, primarily due to unfavorable weather for farming conditions in the past year. In 2010 there was a drought during the planting and emergence, which led to increased interest of farmers to insure crops of winter.

Dmitry Gritsuta, chairman of the Insurance Group "TAS", said: "In agriculture, the risks are very high and the losses can be so catastrophic that will make it impossible to further the activities of agrarian. The market is growing, despite the low percentage of the insured land, discrepancy objects of insurance requirements set out by insurers, and the lack of government subsidies in this direction. Our task, as one of the few companies that insure agroriski on the Ukrainian market, to help employers in ensuring the stability of their business and offer a flexible and optimal conditions of insurance. "

According to the International Finance Corporation, the results of activities in 2010-2011, IG "TAS" is in the top 10 most active and the system of insurers in the number of agricultural insurance contracts, premiums received and claims paid.

Insurance Group "TAS"
• Insurance Group "TAS", founded in 1998, is a versatile company with a license for 28 types of voluntary and compulsory insurance.
• IG "TAS" has an extensive regional network of 28 regional offices and branches, 350 sales centers throughout Ukraine, employing about 1,200 full-time professionals and over 3,000 insurance agents.
• In 2010 the company collected 347 million UAH of insurance premiums paid USD 126 million of insurance recoveries.
• IG "TAS" is one of the founders and a member of the Ukrainian Federation of Insurance, a member of the Presidium of the Motor (Transport) Insurance Bureau of Ukraine, Ukrainian Nuclear Insurance Pool, Club insurance payments in Ukraine, as well as the European Business Association, the International Chamber of Commerce, the Ukrainian Union of Industrialists and business and credit bureau.
Group "TAS"
• Group "TAS" was founded in 1998 and is one of the largest and fastest-growing financial-industrial groups in Ukraine. The group companies are represented in the following sectors of the economy:
And financial (insurance company, agency, debt collection, financial intermediation, leasing);
-Industries (mechanical engineering and metallurgy);
-Real Estate;
-Venture projects (pharmacy chain, agriculture), etc.
• The assets of the Group "TAS" managing company "TAS Group."
For further information please contact:
Press Service of the Group "TAS"
Kristina Nikolaeva
+38 (044) 201-10-95
+38 (050) 334-56-19