Main financial results of 2009

As of 01.01.2010 the Company's authorized capital accounted for UAH 114 800, 00 thous., insurance reserves - UAH 181 387,8 thous., total assets - UAH 431 710,9 thous.

Financial highlights	(UAH, ths.)
	01.01.2008	01.01.2009	01.01.2010
authorized capital	100 000,00	114 800,00	114 800,00
owner’s capital	147 513,00	232 588,30	197 899,70
guarantee fund	28 880,40	4 093,50	4 093,50
insurance reserves	86 546,60	137 194,01	181 387,80
total assets	304 224,70	430 336,80	431 710,90

One of the Company's strategic decisions was to implement the risks segmentation principle: MOD tariffs depend on vehicle mark, instead of its cost. It helped to significantly improve the portfolio quality and decrease the loss-making level of the product. Such segmentation is planned to be executed by other types of insurance.

Premiums structure

Types of insurance	01.01.2008, UAH, ths.	01.01.2009, UAH, ths.	01.01.2010, UAH, ths.
MOD	103 188,70	129 017,50	79 444,40
OMTPL	28 411,20	47 868,20	49 356,70
Green card	33 379,10	37 703,90	54 293,80
Proprietary	43 228,40	69 399,30	43 526,70
Personal	15 705,30	24 209,40	30 465,40
Other	30 086,00	34 132,20	10 186,80
Total:	253 998,70	342 330,50	267 273,80

During 2009 the company had – UAH 267 273,8 thous. in GWP.

Insurance Pay-Offs Structure

Types of insurance	as of 01.01.2008, thousand UAH	as of 01.01.2009, thousand UAH	as of 01.01.2010, thousand UAH
MOD	52 800,10	78 756,90	51 884,60
OMTPL	8 412,40	15 987,30	19 280,10
Green Card	13 028,90	17 080,20	16 101,10
Property	1 451,70	4 099,60	3 709,80
Personal	5 483,30	6 639,20	12 885,10
Other	5 976,00	1 505,00	953,30
Total:	87 152,40	124 068,20	104 814,00

The Company's claims paid in 2009 amounted to UAH 104 814 thous.

Premiums dynamics

Indicator	01.01.2008	01.01.2009	01.01.2010
Premiums, thousand UAH	253 998,70	342 330,50	267 273,80

Claims paid dynamics

Indicator	01.01.2008	01.01.2009	01.01.2010
Claims paid, thousand UAH	87 152,40	124 068,20	104 814,00

The Company managed to maintain its client base, having directed its financial flows to cover the liabilities to clients, which brings the positive effect in attracting the new clients.