UKRAINE: in 10 months of 2021 the number of MTPL policies increased by 26% y-o-y

11 January 2022 — Marina MAGNAVAL
The number of concluded Green Card contracts in Ukraine in January-October 2021 increased by 26% reaching 644.6 thousand units, Forinsurer wrote.

Total GWP in the segment for 10 months of 2021 amounted to approximately UAH 1.4 billion (+35% y-o-y)/~EUR 45 million*. The number of settled claims under Green Card contracts for the period reached 4.3 thousand, and total amount of paid claims - EUR 11 million, having decreased by 23% compared to the same period of 2020.

MTIBU (Motor Transport Insurance Bureau of Ukraine) notes that this market is gradually beginning to recover after the recession in 2020 caused by restrictions on cross-border vehicle traffic due to the pandemic.

*at the following exchange rate:

1 EUR = 30.5953 UAH (01.11.2021)



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