Ukraine
STATISTICS: UKRAINE, FY2025: Insurance companies end the year with growth in assets and profitability
Ukraine's insurance market grew by 36.24% to UAH 74 billion (EUR 1.48 billion) in 2025, including UAH 67.98 billion in non-life insurance and UAH 6.01 billion in life insurance, according to the National Bank of Ukraine (NBU) quarterly report. Total paid claims rose by 28.19% to UAH 26.74 billion (EUR 0.53 billion).
6 April 2026UKRAINE: Andriy Pyshnyi: Ukraine’s insurance market in 2026 shows signs of qualitative transformation
In 2026, Ukraine’s insurance market is demonstrating signs of qualitative transformation. The market can be characterized as nearly transparent and profitable, as well as investment attractive and full of potential—a point highlighted by Andriy Pyshnyi, Governor of the National Bank of Ukraine (NBU), at the Ukraine National Insurance Conference, Forinsurer reports.
2 April 2026UKRAINE: MTPL paid claims in January–February 2026 rise by nearly 80%
In January and February 2026, Ukrainian insurance companies paid out over UAH 1.68 billion (~EUR 33.21 million) to victims of traffic accidents under MTPL policies, which represents a 79.6% increase y-o-y (vs UAH 935 million a year ago), Forinsurer writes, citing a report by the MTIBU (Motor Transport Insurance Bureau of Ukraine).
23 March 2026UKRAINE: MTIBU records a 37% decrease in complaints against MTPL insurers
In 2025, the MTIBU (Motor Transport Insurance Bureau of Ukraine) received 446 complaints against MTPL insurers vs 740 the previous year, representing a 37% decrease, Forinsurer writes.
10 March 2026UKRAINE: TAS Group concluded over 3.1 million insurance contracts in 2025
In 2025, TAS Insurance Group concluded 3.1 million insurance contracts. According to the insurer, TAS issued 1.5 million compulsory motor third-party liability insurance policies last year, a record high for the Ukrainian insurance market, Forinsurer reports.
10 March 2026UKRAINE: GWP collected by INGO in 2025 become a record in the company's history
INGO, a top-5 insurer, collected UAH 5.05 billion (~EUR 0.10 billion) in 2025, which is 48% more y-o-y and the highest in the company's history, Forinsurer writes.
10 March 2026UKRAINE: ORANTA ends 2025 with record premiums
ORANTA, a top 10 insurer in Ukraine, saw its GWP in 2025 increase by 58% to UAH 3.73 billion (~EUR 75.50 million), while its financial result increased by 78% to UAH 279 million. The company's assets exceeded UAH 3.5 billion for the first time, and its equity exceeded UAH 1 billion, according to Forinsurer.
3 March 2026UKRAINE: Arsenal Insurance expands its business by 60% in 2025
Arsenal Insurance celebrated its 20th anniversary in 2025 and entered the top-5 by GWP, collecting UAH 5.06 billion (~EUR 0.10 billion), which is 60% more y-o-y, Forinsurer reports.
23 February 2026Kniazha VIG and Aon announce new USD 25 million war-risk insurance facility with the U.S. International Development Finance Corporation
Kniazha VIG, one of the Ukrainian companies of Vienna Insurance Group (VIG), and Aon announce a new 25 million US dollar reinsurance facility agreement with the U.S. International Development Finance Corporation (DFC) which came into force on 1 February 2026.
12 February 2026UKRAINE: Property insurance mechanism against war risks with a limit of up to UAH 10 million has been launched
A property insurance mechanism against war risks, long awaited by businesses under conditions of martial law, has been launched in Ukraine, Forinsurer reports.
9 February 2026UKRAINE: Green Card market remained stable in 2025 despite slight decrease in contracts and premium volume
In 2025, Green Card market in Ukraine amounted to UAH 5.48 billion (~EUR 0.11 billion). Despite structural changes in the market, GWP decreased by 4% y-o-y, which may reflect both a change in the vehicle fleet structure and the effect of free pricing in a highly competitive environment, according to Forinsurer.
3 February 2026UKRAINE: In 2025, TAS Group led in terms of GWP and paid claims way ahead of the field
In 2025, according to the National Association of Insurers of Ukraine (NASU), TAS Insurance Group led in terms of GWP and paid claims, setting another sales record – the company's GWP grew by 60.2% to UAH 7.82 billion (~EUR 0.16 billion), which is UAH 2.1 billion higher than GWP collected by the company that ranked second in the market.
3 February 2026UKRAINE: MTIBU payments from the Road Accident Victims Protection Fund rise by 109% in 2025
In 2025, the MTIBU (Motor Transport Insurance Bureau of Ukraine) paid out over UAH 1.2 billion (~EUR 24.29 million) from the Road Accident Victims Protection Fund.
26 January 2026UKRAINE: In January-November 2025, MTPL market rises by almost 122%, while Green Card segment declines by 3.9%
The MTPL market from January to November 2025 demonstrated structural shifts that are of fundamental importance to insurers. GWP more than doubled, by 121.6%, to UAH 20.94 billion (~EUR 0.43 billion), while paid claims increased by 37.2% to UAH 6 billion (~EUR 0.12 billion), Forinsurer writes.
12 January 2026UKRAINE: Paid claims of the TAS Group up 47% y-o-y in January-November 2025
Paid claims of the TAS Group, the market leader, totaled UAH 2.63 billion (~EUR 54.08 million) in the first eleven months of 2025, which indicates a 46.9% increase y-o-y, Forinsurer reports.
12 January 2026UKRAINE: A state program for insuring property against war risks to launch in January
A state property insurance program for war risks will be launched in Ukraine in January 2026. It will cover businesses in frontline regions and throughout the country, Forinsurer reports, citing a statement from the Ministry of economy, environment, and agriculture of Ukraine.
11 December 2025STATISTICS: UKRAINE, 3Q2025: Market demonstrates dynamic growth – premiums up by more than 37%
Ukrainian insurance market grew by 37.5% to UAH 52.66 billion (EUR 1.08 billion) in the first nine months of 2025, including UAH 48.38 billion in non-life insurance and UAH 4.28 billion in life insurance, according to the National Bank of Ukraine (NBU) quarterly report.
11 December 2025UKRAINE: ARX demonstrates steady growth and strengthens its leadership on the market
ARX continued to grow steadily in the Ukrainian market in the first nine months of 2025, maintaining its leadership position, high profitability, and stability. ARX demonstrated 37% market growth, which allows the company to maintain its market share in a highly competitive environment, Forinsurer reports.
18 November 2025UKRAINE: Drought and heat have been causing the most damage to farmers for the second year in a row
Agricultural enterprises received UAH 245.9 million (~EUR 5.07 million) for damage from adverse weather conditions under the "Meteoprotection 2025" program, implemented by Syngenta (a developer of protection for crops and seeds) and INGO insurance company, Forinsurer writes.
10 November 2025UKRAINE: GWP of the TAS Group from January to September set a record for the Ukrainian insurance market
Based on the results of the first nine months of 2025, TAS Insurance Group, a market leader, increased its sales by 64.5% y-o-y. As of October 1, the company's GWP reached approximately UAH 5.72 billion (~EUR 0.12 billion), an all-time high for the Ukrainian insurance market, Forinsurer reports.
4 November 2025
