Ukrainian insurance companies have underwrote in 2009 gross premiums of approximately  EUR 1.6-1.7 billion, according to estimates made by Alexander FILONYUK, Directorate President, League of Insurance Organizations of Ukraine (LIOU). In 2008, premiums totalized EUR 2.1 billion. He also mentioned that companies debts to the clients climbed to EUR 86.8 million in 2009, in comparison to EUR 4.8 million in the previous year.

According to forecasts, motor insurance holds 12% of total revenues, accident insurance - 7%, the life and health - 6%. Among the negative factors that influenced the results in 2009, LIOU official's reflects a lack of reform in the insurance field, including MTPL legislation, inefficient pension system and issues related to insurance agents and actuaries.
Also, Motor Insurers Bureau hasn't made decisive steps to develop the MTPL segment; there is a database goal and no effective mechanism for limiting the dumping policies.