The Ukrainian MTPL market demonstrated positive dynamics across most key indicators in the first half of the year: GWP increased by 7% to UAH 11.74 billion (~EUR 0.24 billion), while paid claims rose by 95% to UAH 5.63 billion (~EUR 0.11 billion), Forinsurer writes, citing a report from the Motor Transport Insurance Bureau of Ukraine (MTIBU).

Total GWP collected under electronic MTPL policies increased by 12.65% to UAH 11.74 billion, confirming the market's almost complete transition to digital sales. The number of effective MTPL policies increased by 6.98%, and almost all of them were issued electronically.





Source: MTIBU

The number of settled paid claims increased by 31.25%. Claim settlement using the European Accident

Statement continues to demonstrate the highest growth rates: the number of such cases increased by 56.24%.

Paid claims rose even more significantly. The total amount of payments increased by 95.17% from UAH 2.88 billion to UAH 5.63 billion. Payments for claims settled using the European Accident Statement amounted to UAH 2.13 billion.

Statistics for the first half of 2026 indicate continued growth in the MTPL market. Electronic policies have effectively become the standard for concluding contracts, active use of the European Accident Statement continues, and the nearly twofold increase in payments reflects both a rise in the number of settled claims and in the average insurance compensation, the source writes.

Ukrainian insurers – full members of the MTIBU – concluded 660,700 Green Card contracts in January-June 2026. According to MTIBU data, the number of contracts entered into force in the first half of the year increased by 1% y-o-y.

Total GWP in the segment decreased by 1.52% to UAH 2.577 billion (~EUR 52 million). At the same time, the number of paid claims declined by 2.85%. Insurers settled 217 fewer claims than in the same period in 2025. Total payments also decreased slightly – by 0.68%, from EUR 26.72 million to EUR 26.54 million, according to Forinsurer, citing MTIBU.

Market dynamics show mixed trends. Despite a slight increase in the number of contracts concluded, insurers received less premiums. At the same time, both the number of settled claims and total amount of insurance payments decreased.

Despite the rising number of contracts concluded, premiums continued to drop, indicating a decline in the average policy price. At the same time, a reduction in the number of insurance claims and a slight decrease in the total amount of payments have a positive impact on the loss ratio, although a rise in the average payment amount partially offsets this effect, the source added.

*EUR 1 = UAH 49.57 (July 01, 20226)