UKRAINE: in the first half of 2022, the number of Green Card policies more than doubled

24 August 2022 —
In the first half of 2022, the number of Green Card policies concluded in Ukraine more than doubled (+119%), exceeding the corresponding period in 2021, amounting to 720,000 units. This figure has almost reached the level of the first half of the "pre-COVID" 2019, according to a press release from the MTIBU (Motor Transport Insurance Bureau of Ukraine).

Green Card GWP for the period reached UAH 1.6 billion (~EUR 51.81 million), which means an increase of 105% compared to the first half of 2021, and this result is a record for the last 5 years. Claims settled amounted to EUR 7.1 million (+19%).

"The number of concluded international insurance Green Card contracts indicate that Ukrainians rely on the insurance protection provided by our national policies. The deadlines for providing special insurance protection conditions for Ukrainian cars that went abroad during martial law are gradually expiring, and now cars registered in Ukraine and continuing to stay in European countries already need a new insurance certificate. Our European colleagues are discussing at the national and EU level possible options for medium-term proposals to support Ukrainian refugee car owners. However, they are sure that the best solution for our citizens is to issue a Ukrainian Green Card insurance certificate", said Vladimir SHEVCHENKO, General Director of MTIBU, commenting on the results of the first half of the year.

*EUR 1 = UAH 30.88 (01.07.2022)



2154 views