STATISTICS:

Ukraine

Location:
Eastern Europe, bordering the Black Sea, between Poland, Romania, and Moldova in the west and Russia in the east

Climate:
temperate continental; Mediterranean only on the southern Crimean coast; precipitation disproportionately distributed, highest in west and north, lesser in east and southeast; winters vary from cool along the Black Sea to cold farther inland; summers are warm across the greater part of the country, hot in the south

Natural hazards:
na

Currency: Hryvnia (UAH)
1 EUR = 28.422604 Hryvnia - UAH (December 31st, 2016)
1 EUR = 26.223129 Hryvnia - UAH (December 31st, 2015)
1 EUR = 19.232908 Hryvnia - UAH (December 31st, 2014)
1 EUR = 11.041530 Hryvnia - UAH (December 31st, 2013)
1 EUR = 10.537172 Hryvnia - UAH (December 31st, 2012)
1 EUR = 10.298053 Hryvnia - UAH (December 31st, 2011)
1 EUR = 10.573138 Hryvnia - UAH (December 31st, 2010)

Sources:
State Commission for Regulation of Financial Services of Ukraine
National Bank of Ukraine
Insurance TOP Magazine

Insurance statistics

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2010Market portfolio and rankingsxls
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2009Market portfolio and rankingsxlsx
1H2010Ukrainian insurance market overviewpdf
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UKRAINE: The compensation limits on MTPL will be increased

Starting on February, 1st, 2016, the compensation limits paid under compulsory MTPL in Ukraine will double, according to legislative changes about to be approved by the Ministry of Justice, said Alexander ZALETOV, member of the National Commission for State Regulation of Financial Services Markets, Ukraine in an interview for MinFin.

UniCredit to sell UKRAINE unit to ABH Holdings

UniCredit, Italy's largest bank by assets, has announced a binding agreement to take new shares worth 9.9 per cent in ABH Holdings, part of Russian billionaire Mikhail Fridman's Alfa-Bank, as part of a deal to dispose of its unprofitable Ukrainian banking business Ukrsotsbank.

UKRAINE: Licenses of three companies suspended because of their predominantly Russian ownership; ALLIANZ Ukraine reacts

The Ukrainian National Commission for State Regulation of Financial Services Markets decided on December 31st, 2015 to revoke the license of three insurers: ALLIANZ Ukraine, GUTA-Ukraine and GARANTIA-Life. The main reason of the decision lies in the predominantly Russian ownership of the three companies. The state decision comes into force from January 30, 2016.

The structure of the insurance market in UKRAINE has changed

Gross premiums received by insurers from policyholders and reinsurers for the first 9 months of 2015 amounted to 21 718.7 million USD, of which 7 269 200 000 UAH (33.5%) - from individuals; 14 449 500 000 UAH (66.5%) - from legal entities.

VIG took part in international conference "Export-import relations Ukraine-EU 2016: preparedness of government and business"

Vienna Insurance Group represented by the Chairman of the Board of Insurance Company Globus Mr.Volodymyr Hanchak took part in international forum "Export-import relations Ukraine-EU 2016: readiness of government and business". The Forum was organized by Ukrainian Chamber of Commerce and Industry supported by EU government authorities, Cabinet of Ministers of Ukraine, governmental authorities, public and business organizations, as well as the biggest foreign investors to Ukrainian economy.

PZU-UKRAINE plans to boost charter capital by 80.74%

Shareholders in PZU Ukraine insurance company (Kyiv) at a general meeting on November 11, 2015 decided to increase the company's charter capital by 80.74% via an additional issue of 1.45 million shares worth UAH 14.496 million. The company said that the face value of each share is UAH 10.