INGO Increases Insurance Premiums by 40% and Enters Top Three Largest Insurers According to NAIU Data

INGO Insurance Company collected UAH 1.93 billion in insurance premiums, representing a 39.9% increase compared to the same period last year. This growth exceeded the average growth rate among members of the National Association of Insurers of Ukraine (NAIU), which stood at 23.9%.

According to NAIU data, INGO ranked third among the insurers included in the association's sample in terms of insurance premium volume. At the same time, data published by the National Bank of Ukraine (NBU) for the first quarter of 2026 further confirmed the company's position among the country's leading insurers, with INGO ranking among the top four insurance companies by premium volume.

Property and health insurance made the largest contribution to the company's growth. Based on the results for January–April 2026, INGO ranked first among NAIU members in the property insurance and corporate risk insurance segment, where premium volumes increased by 53.8%. In health insurance, the company also maintained its strong market position, ranking second with a 37.6% increase in premiums.

The company's positive performance is consistent with broader market trends. According to the NBU, the assets of non-life insurers increased by 31.5% year-on-year in the first quarter of 2026, while the sector's net profit grew by approximately 25%, primarily driven by higher investment income. Most insurers continue to operate profitably and remain fully compliant with regulatory requirements.

Background Information

INGO has been operating in the Ukrainian insurance market since 1994 and provides insurance services to both corporate and individual clients across all major insurance segments. The company is consistently ranked among Ukraine's largest insurers in terms of premiums written, assets, and claims payments. In 2026, the NBU included INGO in the list of significant insurers in Ukraine. In 2025, the company collected UAH 5.05 billion in insurance premiums, while total claims payouts exceeded UAH 2.2 billion.