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 3Q2020 Market Portfolio

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Ukraine 3Q2020 Insurance Companies Rankings


See all statistics

Latest news


UKRAINE: Green Card GWP grew by almost 27% y-o-y in 2019

Total number of Green Card policies in 2019 reached 1.08 million units (+43.6% y-o-y). GWP of the segment increased by 26.8%, to UAH 1.63 billion (~EUR 61.7 million) vs. UAH 1.29 billion (~EUR 40.7 million) in 2018, according to the report of the Motor Transport Bureau of Ukraine (MTIBU).









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.