Universalna Insurance (SKUN)

Business Profile

Established in 1991 as a successor to one of Ukraine’s oldest insurance companies, Teren, Universalna expanded rapidly, organically and through M&A, capturing leadership on the domestic Green Card and travel medical insurance markets and securing a top-10 place in the motor-related segments. Universalna became the first Ukrainian insurer to list on a stock exchange in 2006. Rating agency Moody’s assigned a first-time global scale insurance financial strength rating of B3 to the company in 2008. Universalna has published IFRS-audited financials since 2007.

Financial Summary

Sales ($m)3134************
Net Income ($m)20************
Book Value ($m)415************

Valuation Summary

ROE (%)133.3%-************
Prices are quoted in UAH.

*Data available to Dragon Capital's institutional clients only.