Ukraine

Location:
- Eastern Europe, bordering the Black Sea.

Neighbours:
- Belarus, Russia, Moldova, Poland, Slovakia, Hungary, Romania.

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.


Currency: Hryvnia
Code: UAH
Since: 1996

Exchange rates at December 31st:

1 EUR = 33.495424 UAH (2017)
1 EUR = 28.422604 UAH (2016)
1 EUR = 26.223129 UAH (2015)
1 EUR = 19.232908 UAH (2014)
1 EUR = 11.041530 UAH (2013)
1 EUR = 10.537172 UAH (2012)
1 EUR = 10.298053 UAH (2011)
1 EUR = 10.573138 UAH (2010)


Sources:



Flag



Location map
author: OCHA/ReliefWeb


 


Ukraine 3q2018 Market Rankings

Ukraine 3q2018 Market Portfolio

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UKRAINE: MTPL GWP for Jan-Feb grew by 18% y-o-y

In 2019, between January and February, the total MTPL GWP of insurance companies, members of MTIBU (Motor Transport Insurance Bureau of Ukraine), increased by 18.12% y-o-y, reaching UAH 661.44 million (~EUR 21.57 million), Forinsurer reports.










AXA has completed the sale of its Ukrainian units

The French insurer AXA Group announced it has successfully completed the deal with FAIRFAX Financial Holdings Limited (Canada) to sell its Ukrainian units - the non-life entity (AXA Insurance) and life entity (AXA Insurance Life) - both based in Kyiv, as the Paris-based insurer has said in a statement.

AXA XL to cut over 700 jobs in Europe

AXA XL has presented the plan for its future target operating model and organizational structure of the business, which includes the reduction of 711 positions in Europe, out of a workforce of 9500 employees globally.

UKRAINE: 63% of complaints in 2018 were about MTPL

According to the National Financial Services Committee, the number of complaints regarding insurance activities in 2018 remained almost unchanged (5381 vs 5389 in 2017). At that the major part (63%) of the complaints were about MTPL, as Forinsurer wrote.




UKRAINE: 13 insurers left the market in January-September2018

According to the National financial services committee of Ukraine, in order to remove unreliable players from the financial market, 126 organizations, including 13 insurance companies, were removed during January-September, as the member of the Committee, Aleksander ZALETOV informed.