BUSIN held its Annual Meeting of Shareholders on March, 20. Financial results of the year 2016, new directions of the company’s development were discussed. The Meeting approved increasing the amount of Authorized Capital from UAH 49 158,70 thousand to UAH 73 200,00 thousand.

As at January, 1 2017 the company’s assets amounted UAH 263 309,4 thousand. Liquid structure of assets confirms solvency and availability to meet commitments in time of financial challenges.

BUSIN remains the leader in aviation risks insurance in Ukraine with annual gross premium turnover of UAH 170 053,5 thousand. The total amount of claims paid in 2016 is UAH 5 137,4 thousand.

Taxes and duties were paid on the amount of more than UAH 31 500 thousand.

International audit of the year 2016 activity was performed by BDO Balance Audit according to International Financial Reporting Standards (IFRS).