The NBU has developed a concept for a military-risk insurance mechanism.
It has already been agreed upon within the Ministry of Economy and Finance, reported a Deputy Head of the NBU, Kateryna Rozhkova. According to her, this concept provides for mandatory insurance of military risks for specific projects. “The list of military risks at the first stage will be very limited. At the first stage, it is exclusively about direct material losses because of military actions: destruction, damage to facilities, property, etc.,” the official clarified. Rozhkova added that mandatory insurance will