Ukraine

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Location map
author: OCHA/ ReliefWeb


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.

Macro indicators
* 2018 estimates
Surface:603,628km2
Population*:42.1million
Pop. density*:69.7people/km2
GDP*:106.9EUR billion
GDP/capita*:2,541.1EUR

Currency: Hryvnia
Code: UAH
Since: 1996


Insurance market portfolio
* 2018 estimates
TOTAL LIFE*:8%
TOTAL NON-LIFE*:92%
Overall Property*:22%
Overall Motor*:27%

Sources:
Starting July 1st, 2020, the National Bank of Ukraine took over all activities of financial market regulator, the State Commission for Regulation of Financial Services of Ukraine




 


Statistics

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Ukraine 1H2020 Market Portfolio

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Ukraine 1H2020 Insurance Companies Rankings


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Latest news

UKRAINE: GWP of UNIVERSALNA increased by 15% y-o-y in 2019

According to the preliminary results of 2019 summed up, the GWP of UNIVERSALNA insurance company (included in TOP-10 Ukrainian non-life insurers in 3Q2019) increased at the end of 2019 by 15% y-o-y, to UAH 950 million (~EUR 35.95 million), as Forinsurer reports.



UKRAINE: "split" law was the key market event in 2019

According to PZU Ukraine group, the key event in 2019 on the Ukrainian insurance market was the signing of the "split" law - the transfer of the regulator's functions of the non-banking financial sector to the National Bank.












UKRAINE: 2020 Green Card policies will be electronic

Starting July 1st, 2020, a new Green Card electronic policy will be introduced in Ukraine. It will be accepted by all traffic authorities, controlling both domestic movement and movement between the countries of the system, said the General Director of MTIBU (Motor (Transport) Insurance Bureau of Ukraine), Volodimir SHEVCHENKO.