UKRAINE: GWP under Green Card policies dropped by more than 36% y-o-y

10 September 2020 — Marina MAGNAVAL
For the period from January to June 2020, GWP under Green Card policies, issued by members of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) decreased to UAH 0.56 billion (~EUR 18.8 million*), which is 36.37% less y-o-y, Forinsurer reports.

At the same time, paid claims in this segment for the period increased by 37.33% y-o-y, total number of claims paid went up by almost 28%, while total number of concluded insurance contracts decreased by 40.79%, to 296.9 thousand units, according to the MTIBU data.

* for the following exchange rate:
1 EUR = 29.8677 UAH (July 1st, 2020)

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