News - STAND BY UKRAINE
GDV: German insurers will assume damages cause by Ukrainian refugees' uninsured cars until 31 May
"Damage caused by uninsured Ukrainian cars is therefore borne by the insurers operating in Germany," says GDV General Manager Joerg Asmussen, quoted by the German Insurers Association's website.
POLAND: PZU Zdrowie provides free medical care for Ukrainian citizens
PZU Zdrowie informed that people affected by the war in Ukraine can benefit from free medical care in more than 50 medical facilities of the operator in Poland, Polish media said.
Polish insurer Warta stands in solidarity with Ukraine
Polish insurer WARTA, has allocated PLN 11 million (~EUR 2,25 million) to providing active help for Ukrainian citizens. Warta is also one of the Polish insurers providing for free 30 days MTPL insurance for all refugees coming by car from Ukraine to Poland without carrying a Green Card policy.
VIG: dealing with human suffering caused by the war situation in Ukraine is the top priority; rather mild financial impact expected
While it doesn't expect a dramatic impact of the armed conflict in Ukraine on its overall business, VIG strives to protect about 1,400 employees of the three insurance companies it owns in Ukraine. Already 200 families of the employees that fled the country are hosted in different countries where the Group is active.
Insurer NN Group to make donations of at least EUR 1 million to humanitarian aid relief
Following the invasion of Ukraine, the Dutch insurance group NN announced is making donations of at least EUR 1 million to humanitarian aid relief. This will include instant relief in Ukraine via the joint action of Dutch aid organizations (Giro 555), as well as initiatives taken by the NN business units in Poland, Slovakia, Hungary and Romania.
Generali has decided to leave Russia; the Group donates EUR 3 million to support refugee programs
Italy's insurer Assicurazioni Generali has decided to close its Moscow representative office, resign from positions held on the board of the Russian insurer Ingosstrakh, and wind down its Europ Assistance business following the invasion of Ukraine.
Aegon donates EUR 1 million to the Red Cross and condemns aggression in Ukraine
The Dutch insurer Aegon condemns the aggression ordered by the Russian Government against the sovereign country of Ukraine, and announced a company-wide donation of EUR 1 million to the Red Cross to support the humanitarian effort for Ukraine and its citizens
All-Russian Insurance Federation's membership of Insurance Europe was terminated
Insurance Europe's board has voted to terminate the All-Russian Insurance Federation's membership of Insurance Europe, the Federation has just announced emphasizing that it wholeheartedly condemns the Russian government's military actions in invading Ukraine.
Romanian SAFETY Broker joins the humanitarian campaign initiated by UNILINK Poland "Together we support the Ukrainian people"
SAFETY Insurance Broker, the leader of the insurance brokerage market in Romania, has joined the solidarity initiative launched by its partner UNILINK Poland in support of the civilian population leaving Ukraine due to the war and donate ~ EUR 20.000 to the Romanian Red Cross.
Ukrainian insurers and insurance intermediaries ask for their international peers' support
A letter sent by a pool of five Ukrainian professional association of insurers has reached our editorial office today, as well as several insurance related entities across Europe, asking for the European re/insurers' community support in the dramatic situation faced Ukraine under the Russian attack.
Here is how you can help Ukraine by donations
Ukrainian insurance and reinsurance market represented by all the professional associations of insurers and insurance intermediaries, as well as the Ukrainian insurance consumers association ?Insurance protection? are addressing the global insurance market and asking for support.
AXA will donate EUR 6 million to amplifying the solidarity initiatives for Ukraine
AXA will take its part in supporting the humanitarian efforts to support civil populations in Ukraine as well as to assist the increasing number of refugees reaching the neighboring countries, Thomas BUBERL, CEO, AXA Group has stated in a post on LinkedIn.
Polish and Slovak motor insurers offer free 30 days MTPL insurance coverage for Ukrainian refugees travelling by car
Several Polish insurers have joined an initiative to help Ukrainian refugees travelling by car in Poland: free 30-day insurance coverage for vehicle owners who enter Poland with cars with Ukrainian registration numbers is available free from Allianz, ERGO Hestia, PZU and Warta.
VIG and Uniqa come to the aid of their Ukrainian employees who had to seek refugee abroad
Vienna Insurance Group (VIG) has set up proactively a VIG Family Fund with EUR 5 million as a basis to which its management has invited all VIG Group companies and employees to contribute. The goal of the fund is to support directly affected families of VIG's Ukrainian companies. A VIG Holding committee together with local committees will be set up to distribute targeted support under the personal leadership of Harald Riener, VIG Managing Board member responsible for Ukraine.
Zurich Insurance Group stands by the people of Ukraine by its Z Zurich Foundation
Zurich Insurance Group stated that it condemns the Russian government's aggression towards Ukraine, the human suffering that it is inflicting and the broader threat that it poses to democracy and freedom in the region.
UKRAINE: supervisor and market players discussed measures to preserve the insurance business during martial law
The National Bank of Ukraine (NBU) held an urgent meeting with representatives of the insurance market on the issue of complying with obligations to customers and maintaining the insurance business during martial law, MTIBU (Motor Transport Insurance Bureau of Ukraine) said in its press-release.
10 March 2022