Market review · H1 2026
Premiums, claims paid and insurer rankings in non-life and life, based on NBU data and the PDMA information exchange.
NASU · Published 01.09.2026 · NBU and PDMA data
Non-life premiums
35.5
UAH bn
+17 % vs H1 2025
Non-life claims paid
16.6
UAH bn
+47 % vs H1 2025
Life premiums
3.2
UAH bn
+11 % vs H1 2025
Non-life claims reported
3.2
UAH bn
awaiting payment
MTPL claims paid
+102
%
fastest growth
The midpoint of 2026 marks further scaling of the non-life insurance market: based on the results of the first six months, total premium income reached UAH 35.5 billion, exceeding the figures for the same period last year by 17%.
The industry continues to rely on several key lines of business (motor insurance and health coverage collectively account for 81.5% of the total portfolio) and a narrow circle of major companies.
Dynamics across key segments:
MTPL (Motor Third Party Liability): Retains its status as the mass foundation, controlling approximately 32% of all collected premiums.
CASCO: Demonstrates an average growth of 22%, expanding its market share to 25%.
Health Insurance: Strengthens its position, adding 1 percentage point to its share compared to last year’s results.
Property Insurance: Closes the top 5 business lines with a premium volume of UAH 2.4 billion, which is a 40% increase over the same period last year.
The trend of high market concentration persists — the top 10 leading institutions accumulate 74.9% of all funds attracted by the industry.
The first half of 2026 once again proved the industry’s ability to guarantee the fulfillment of obligations to policyholders: the total volume of insurance claims paid reached UAH 16.6 billion, which exceeds the results of the corresponding period last year by 47%.
Portfolio concentration: The primary financial burden is concentrated in two segments — motor lines and health insurance collectively generated 91% of all transfers.
MTPL (Motor Third Party Liability): This segment demonstrated the most rapid dynamics among mass products, with indemnity volumes increasing by 102% year-on-year.
Health protection: Expenses for covering medical services amounted to UAH 3.2 billion, securing a 19% share in the overall market payout structure.
Property insurance: This segment recorded an unprecedented 108% increase in payouts, which is a direct result of the active coverage of war-related losses. At the same time, the settlement process continues: another UAH 3.6 billion is formed in the reserves of reported claims (awaiting payment). According to NASU estimates, about UAH 1 billion of this amount accounts exclusively for the consequences of armed aggression.
Market share: NASU participants provided coverage for 81% of the total volume of market losses. Meanwhile, the dataset of the PDMA project accumulates 87% of all payouts in Ukraine, making this overview the most reliable cross-section of the entire insurance sector’s efficiency.
Scaling of property insurance: This segment is becoming one of the main market drivers. The number of concluded property protection contracts increased by 10%, which is a direct response to the expansion of programs covering the consequences of armed aggression. At the same time, a colossal pool of future indemnities is being formed: the volume of reported claims currently in the settlement process and awaiting fund transfer amounts to UAH 3.2 billion. According to NASU’s special reporting, at least UAH 1 billion of this amount is reserved specifically to cover losses caused by the war.
MTPL (Motor Third Party Liability): This segment continues to generate a rapid increase in insurance payouts, recording a 102% growth. Furthermore, this specific type of insurance brought the highest tax revenues to the budget (at a 3% income tax rate), accumulating UAH 328.5 million.
Distribution channels: The offline model of customer acquisition maintains its strong position: almost two-thirds (62%) of all contracts were concluded through agents.
Health insurance: In the health protection segment, the loss ratio remains stable, predictably fluctuating within the 67–70% corridor.
Industry capitalization: The total pool of eligible assets of the insurance sector increased by 24%.
Financial stability: The total net profit of the industry reached UAH 3.9 billion. At the same time, the overall state of the market is extremely healthy — negative financial results were recorded by only 6 companies.
The life insurance sector maintains a steady development trajectory without sharp fluctuations. The data breakdown for the first six months of 2026 highlights several key trends:
Stable premium generation: Over January–June, the total volume of collected premiums reached UAH 3.2 billion. This marks an increase of nearly 11% compared to last year’s midpoint figures (these calculations also include health protection programs).
According to PDMA participants, the lion’s share — specifically UAH 2.3 billion — was generated by “recurring premiums” (long-term life insurance contracts).
Ultra-high market concentration: The industry remains densely clustered around its flagship players. The top five companies control 84% of all premium inflows, with the undisputed sole leader holding about 51% of the total portfolio.
Adjacent niches: A notable trend that continues to gain momentum is the promotion of voluntary health insurance products by life insurance companies. During the reporting period, this segment brought in UAH 159 million in premiums, establishing a 5% share in the overall premium structure.
NASU participants: The participants confirmed their status as key payers, generating 93% of all payouts. The overall concentration level remains ultra-high: the top five companies control about 88% of the market.
Shift towards accumulation: The global proportion between investment and risk policies is maintained, but the pace of payouts for long-term accumulation products outstrips other directions, forming a ratio of 66% to 34%.
Surge in survival risk payouts: The PDMA analytical database reflects a significant increase in transfers following the planned expiration of contracts — this segment added an impressive 41%.
Coverage of medical services: Companies’ expenditures on clients’ health are predictably growing in sync with the expansion of the VHI portfolio itself. Currently, the amount of such indemnities has reached UAH 89.9 million.
Natural correction of payout volumes: In total, UAH 756.7 million was transferred to clients. It is worth noting that this figure turned out to be 7% lower than the results of the same period last year (including medical programs). Such a slight change in dynamics is recorded for the first time and may indicate a gradual stabilization and balancing of insurance portfolios.
Capitalization and profitability: The volume of eligible assets in the life sector demonstrated a 15% growth. The market maintains high financial stability — only one company finished the reporting period with a negative result.
Ultra-high market concentration: NASU participants act as the main payers, generating 93% of all payouts. The top 5 insurers control 88% of the market by payouts and 84% by premiums, with the absolute leader accounting for 51% of the total portfolio.
Foundation of the “in-force business”: The stability of inflows is ensured by long-term clients. According to PDMA data, out of UAH 3.2 billion in total premiums, the lion’s share (UAH 2.3 billion) was generated specifically by recurring payments under active contracts.
Shift towards accumulation and survival risk: The payout proportion between accumulation and risk programs stands at 66% to 34%. Due to the planned maturity of contracts, survival payouts jumped by 41%. At the same time, the total volume of payouts underwent a natural correction, decreasing by 7% (to UAH 756.7 million).
Health insurance: Health insurance is turning into a significant niche in the life sector. Health protection products already form 5% of the overall portfolio, bringing in UAH 159 million in premiums and generating UAH 89.9 million in payouts.
New product reality: As a response to current challenges, the integration of “war risk” coverage into classic life insurance programs is being recorded for the first time.
*Medical insurance – the sum of the business lines "Health (excluding medical insurance)" and "Health (medical insurance)" The market overview was prepared by NASU using data published by the National Bank of Ukraine (Key Performance Indicators of Insurers (by institution)) and data from the PDMA information exchange.
The use of the market overview posted on this website, or any of its parts, rankings (including their elements), or visualizations (including their elements) without referencing NASU is strictly prohibited.
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The review reflects data as of the reporting date. Up-to-date premiums, claims paid and rankings by line of business are on the PDMA indicators page.
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