On January 1 next year, the Law of Ukraine "On Compulsory Insurance of Civil Liability of Owners of Land Vehicles" will come into force, which should put an end to the semi-legal sale of policies at below-market prices. This was reminded by Serhiy Savchuk, Director of the Department of...
Rada obliges media outlets to insure journalists working in the combat zone
This was reported by the co-chair of the European Solidarity faction, Iryna Gerashchenko. "The Verkhovna Rada generally supported the amendments to the Law "On State Support of the Media, Guarantees of Professional Activity and Social Protection of Journalists" to bring its provisions in line with the Law of Ukraine...
Draft law on war risk insurance in Ukraine will be submitted to the Verkhovna Rada this year – NBU
A draft law on war risk insurance will be submitted to the Verkhovna Rada of Ukraine this year, National Bank of Ukraine Governor Andriy Pyshnyi assured during a meeting with insurance market representatives. "It is important that in 2025 Ukraine has a stable institutional framework for the development...
The outlook for the global reinsurance market in 2025 is positive
The growth of global reinsurers' profits, which will be stable in the short and medium term, was the main reason for AM Best's positive outlook for the global reinsurance market. However, analysts remain concerned about the effectiveness of existing catastrophic loss reserves, especially for the years of natural disasters from...
The number of insurance companies in Ukraine decreased to 75 in October
In October 2024, 509 financial companies (525 in September), 64 non-life insurers (66 in September), 11 life insurers (no change), one insurer with a special status, 113 pawnshops (114 in September), 110 credit unions (111 in September), 1 lessor (no change), 42 insurance brokers (no change), and 75 collection...
Ukraine to introduce compulsory insurance of collateral and residential construction objects
In late September, the Ministry of Economy and the National Bank presented a preliminary version of a draft law on the introduction of compulsory insurance of collateral and residential construction. The property pledged as collateral and residential construction facilities will be subject to compulsory insurance. However, the general list...
Happy Day of the Defender of Ukraine!
Today, we honor the courage, strength and dedication of those who defend our country, its independence and freedom. We thank everyone who defends peace and security on our land. You are the true heroes who make us believe in a brighter future. May your hearts be filled with pride, and...
Payment to a client for damage to a car as a result of military operations
INNOVATIVE INSURANCE CAPITAL Insurance Company made a payment to the client in the amount of UAH 238,009. The client's car was damaged as a result of hostilities in Kherson.
Happy Insurance Market Worker’s Day
Good afternoon, dear customers and partners! Congratulations on your professional holiday - Insurance Market Worker's Day! We wish everyone success, inspiration and VICTORY! Glory to Ukraine! Glory to the heroes!
HAPPY INDEPENDENCE DAY TO UKRAINE
Congratulations on the Independence Day of Ukraine!