Dear customers and partners, Congratulations on the upcoming holidays!
Payment to a client for damage to a car in Dnipro under a hull insurance policy
INNOVATIVE INSURANCE CAPITAL Insurance Company made a payment to the client in the amount of UAH 314,010.00. The client received damage to a Ford Transit car as a result of an accident due to overtaking another vehicle in the city of Dnipro. Dnipro. Another participant, driving a vehicle, failed to...
Payment to a client for damage to a car under a hull insurance policy
INNOVATIVE INSURANCE CAPITAL Insurance Company made a payment to the client in the amount of UAH 314,010. The client suffered damage to his car as a result of an accident in Kryvyi Rih, Dnipro region,
Congratulations to everyone on St. Nicholas Day!
Good afternoon, dear customers and partners! Congratulations on the holiday of St. Nicholas! We wish you all home comfort and festive mood, success, inspiration and VICTORY! Glory to Ukraine! Glory to the heroes!
Announcement of a tender for the selection of audit entities
APPROVED By the decision of the Extraordinary General Meeting of Shareholders Innovative Insurance Capital PrJSC (minutes No. 17/0/2024 of December 03, 2024) Announcement of a tender for the selection of audit entities Innovative Insurance Capital PrJSC announces a tender for the selection of audit entities that may be...
Global property reinsurance rates in 2025
Morgan Stanley analysts predict a decline in global property and liability (P&C) reinsurance rates ahead of the January renewals of reinsurance contracts, unless there are significant global catastrophes. However, reinsurance market participants are not so optimistic and predict an increase in reinsurance prices for certain risks. Forinsurer looked into what...
Insurance liability of the Export Credit Agency of Ukraine exceeded UAH 1 billion
As of the beginning of November 2024, the Export Credit Agency of Ukraine assumed UAH 1.062 billion of insurance liability under foreign economic activity contracts and loans issued by partner banks to Ukrainian entrepreneurs for the execution of export contracts, according to the ECA. ECA's insurance liability is the...
Global investment and financing in the InsurTech sector will reach $4.2 billion in 2024
Venture capital funding of the InsurTech sector is showing signs of stabilization and is expected to reach $4.2 billion by the end of 2024, returning to levels not seen since 2018. The third quarter of 2024 ended with investments of $3.2 billion, which is 7% less than in the same...
The NBU requires disclosure of information about the insurance intermediary to the consumer and the procedure for selling an insurance product
The NBU will adopt a draft resolution of the Board of Directors "On Approval of the Regulation on Disclosure of Information to Consumers about an Insurance Intermediary and the Procedure for Selling an Insurance Product as an Additional Product to Other Non-Insurance Goods, Works, or Services and Amendments to Certain...
Favorable underwriting conditions and recovery of unrealized losses provided reinsurers with 22% ROE
Favorable underwriting conditions and recovery of unrealized losses provided reinsurers with a 22% return on equity (ROE), according to a report by the AM Best rating agency. Forinsurer highlighted the most important thing. Analysts note that the increase in reinsurance coverage limits will increase payments for hurricane losses in 2024....