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 1H2021 Market Rankings

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Ukraine 1H2021 Market Portfolio


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Latest news



UKRAINE: XXI International Financial Forum: Ukrainian insurance market returned to normal business activity and adapted to work under quarantine conditions

In September, Odessa hosted the XXI International Financial Forum to discuss the problems and prospects of business in the field of insurance and financial services, strategies for the development of the financial sector of Ukraine until 2025, changes in the legislative framework for financial and insurance business under the regulatory control of the NBU, new organizational and technological solutions and more, Forinsurer reports.

UKRAINE: XXI International Financial Forum: Ukrainian insurance market returned to normal business activity and adapted to work under quarantine conditions

In September, Odessa hosted the XXI International Financial Forum to discuss the problems and prospects of business in the field of insurance and financial services, strategies for the development of the financial sector of Ukraine until 2025, changes in the legislative framework for financial and insurance business under the regulatory control of the NBU, new organizational and technological solutions and more, Forinsurer reports.





UKRAINE: in 2Q MTPL GWP grew by almost 15%, and paid claims - by 46% y-o-y

In 2Q2021, the number of MTPL contracts concluded reached 2.4 million units, which is 8.5% more y-o-y. GWP on them amounted to UAH 1.9 billion/EUR 58.74 million* (+14.9% in UAH). Paid claims amounted to UAH 862 million - the number of settled claims increased by 40%, and the volume of paid claims - by 46%, according to a press release from MTIBU.