UKRAINE: Insurers' bankruptcy procedure not settled in consumer rights protection area

The bankruptcy procedure for insurance companies is not settled from the point of view of the proper protection of consumer rights, Director of the law and analytical department of the League of Insurance Organizations of Ukraine (LIOU) Serhiy Tarasov said at the second Restructuring and Bankruptcy Forum organized by Yurydychna Praktyka (Law Practice) newspaper on March 29. Read the full story
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Ukraine: Swiss investor VIATRANS bought 22% of local insurer PERSHA

Swiss investor VIATRANS became one of the shareholders of PERSHA Ukraine, a non-life insurer, with 22% of the shares (132,000 shares). Moreover, the Ukrainian Commission for State Regulation of the Financial Markets has approved the acquisition. VIATRANS has showed its interest for the domestic insurer since March, 2016.

2016-11-10

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