Ukraine
UKRAINE: 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 2025UKRAINE: From January to September, MTPL GWP rise by 123% and paid claims – by 31% y-o-y
Total GWP on the domestic MTPL market for the first nine months of 2025 reached UAH 16.85 billion (~EUR 0.35 billion), which indicates an increase of 122.8% y-o-y. Meanwhile, the number of concluded contracts decreased by 5.7% to 5.4 million units, Фориншурер writes, citing a report from the Motor Transport Insurance Bureau of Ukraine (MTIBU).
27 October 2025UKRAINE: Regulatory payments from the MTIBU Victim Protection Fund increase 2.5-fold from July to September
The MTIBU (Motor Transport Insurance Bureau of Ukraine) made 4,487 regulatory payments from the Victim Protection Fund totaling UAH 242.7 million (~EUR 5.05 million) from July to September 2025, representing a 162% increase in number and a 155% increase in total amount y-o-y, according to the MTIBU report, Forinsurer reports.
27 October 2025UKRAINE: VUSO's net profit nearly tripled in the first half of the year
The “Standard Ratings” rating agency affirmed the financial strength rating of VUSO, a top-5 non-life insurer, at uaAA on the national scale for January-June 2025, Forinsurer reports.
7 October 2025UKRAINE: Arsenal Insurance expands its business by 55% in June-August
Arsenal Insurance, a top 10 non-life insurer of Ukraine, paid out nearly UAH 435 million (~EUR 9.06 million) to its clients in June-August 2025, which is 37.8% more y-o-y. The company's GWP for this period totaled UAH 1.32 billion (~EUR 27.51 million), which represents a 55% increase compared to the previous year, Forinsurer writes.
2 October 2025UKRAINE: State program of insurance against war risks for business to start in October
The Cabinet of Ministers is launching a state program of insurance against war risks, which will start from October 1, 2025. Businesses will be able to insure themselves against consequences of war using two mechanisms: compensation for destroyed property for frontline territories, and lower insurance rates for other regions with state support, Forinsurer writes.
15 September 2025STATISTICS: UKRAINE, 1H2025: motor insurance, medical and property insurance supported market rapid growth
The insurance market of Ukraine in 1H2025 grew by 37.32% to UAH 33.24 billion (EUR 681.53 million), including life insurance (UAH 2.76 billion), and non-life insurance (UAH 30.48 billion), as data published by the National Bank (NBU) show.
8 September 2025UKRAINE: Over 64% of MTIBU's regulatory payments from the Victims' Protection Fund in July were for the insurers that lost their membership in the Bureau
In July 2025, MTIBU (Motor (Transport) Insurance Bureau of Ukraine) made regulatory payments from the Victims' Protection Fund in the amount of UAH 85.1 million (~EUR 1.8 million). The amount increased by 89.3% y-o-y, Forinsurer writes.
2 September 2025UKRAINE: GWP of Euroins Ukraine rises 2.1 times in the first half of the year
In the first half of 2025, Euroins Ukraine, a subsidiary of the European Euroins Insurance Group (EIG) and one of the top 15 insurers on the local market, collected UAH 638.9 million (~EUR 13.12 million). Compared to the same period a year earlier, GWP increased by 110% or 2.1 times, Forinsurer reports.
26 August 2025UKRAINE: GWP of ARX and ARX Life rise by 37% in 1H
GWP of ARX and ARX Life for the first half of 2025 reached UAH 2.9 billion (~EUR 59.56 million), which is 37% more y-o-y, Forinsurer reports.
11 August 2025UKRAINE: GWP of the TAS Group in 1H2025 almost reached UAH 3.5 billion
The TAS Insurance Group, one of the market leaders, collected UAH 3,455.55 million (~EUR 70.97 million) in premiums in the first six months of the year, which is 67.9% more y-o-y, Forinsurer writes.
5 August 2025UKRAINE: MTIBU: Green Card sales in 1H2025 fell by more than 8%
In 1H2025, Ukrainian car owners concluded 654 thousand international Green Card insurance contracts, which is 8.74% less y-o-y, Forinsurer reports.
5 August 2025UKRAINE: GWP of the TAS Group up 64% in January-May
In January-May of this year, total GWP of one of the market leaders, TAS Group, amounted to UAH 2,736.35 million (~EUR 58.52 million), which is 64.3% more y-o-y, Forinsurer reports.
11 July 2025UKRAINE: In January-May, MTPL market saw growth, while Green Card insurance shrank
In January-May 2025, domestic MTPL market in Ukraine saw growth, Forinsurer writes with reference to the MTIBU report (Motor Transport Insurance Bureau of Ukraine). According to the MTIBU, GWP more than doubled - by 122%, reaching UAH 8.42 billion (~EUR 0.18 billion). Particularly noticeable growth was observed in electronic contracts - up to UAH 8.39 billion (+176%).
25 June 2025
