War risk insurance will initially focus on retail products. According to NBU department director Pervin Dadashova, the NBU is finalizing work on a draft law that will establish a full-fledged military insurance system, which, for the first time, will focus on ... #InsuranceUkraine #nbu #WarRiskInsurance #WarRisks
Ukrainian businesses will start insuring elevators against war risks. Elevator equipment manufacturer KMZ Industries concluded a partnership agreement with the leading insurance company in Ukraine, ARX, regarding the provision of insurance services for elevator complexe... #AgroLossesUkraine #GrainElevator #Kernel #KMZIndustries #MilitaryRiskInsurance #nibulon #UkrLandFarming #WarRisks
Experts name the factors stopping investment in new wind power plants in Ukraine. According to the head of the Ukrainian Wind Energy Association, Andriy Konechenkov, new distributed generation capacities can compensate for the loss of 10 GW of traditional energy capacities. As well... #EnergyInvestments #ForeignInvestor #MilitaryRiskInsurance #RESinvestments #WarRisks #WindEnergyUkraine
Ukraine begins to insure investors against military and political risks. Export credit agencies (ECA) have started accepting applications for investment insurance against military and political risks. The agency will offer two insurance products – direct investment insuran... #ECA #InsuranceUkraine #MilitaryRiskInsurance #PoliticalRisk #UNITYinsurance #WarRisks
Military risk insurance is now provided by almost all Ukrainian insurers. More and more Ukrainian insurers are offering protection against war risk, and their number is is almost equal to the entirety of the active insurance market, about 50 companies, said the director of ... #DenysYastreb #MilitaryInsurance #MilitaryRiskInsurance #WarRisks
For the first time, international insurance broker WTW will cover war risks of goods transported by land in Ukraine. For the first time since the start of the full-scale war, Nasdaq-listed global insurance broker WTW has announced the launch of war risk insurance for overland cargo in Ukraine in partnership with Ukr... #Cargotransportation #InsuranceUkraine #MilitaryRiskInsurance #VUSO #WarRisks #WTW
Demand for property insurance against war risk is growing in Ukraine. Ukrainian companies are developing new directions for property insurance during the war, but there will be no payments in the event of weapons of mass destruction being used. Currently, the largest Uk... #INGO #InsuranceCompanies #InsuranceUkraine #MilitaryRiskInsurance #WarRisks
Raiffeisen has launched commercial war risk insurance and will insure ₴1B worth of property. Raiffeisen Bank has launched a new service in the Ukrainian market for business clients to insure various types of property against war risks. Insurance companies will provide coverage for property th... #ARX #INGO #InsuranceUkraine #MilitaryRiskInsurance #RaiffeisenBank #UNIVERSALNA #WarRisks
Unity Facility insurance coverage in the sea corridor has been extended to all cargoes. The Unity Facility grain transportation insurance mechanism for the Ukrainian maritime corridor, which has been in effect since November 2023, has been expanded to include vessels that carry not only ... #InsuranceUkraine #MilitaryRiskInsurance #UkrainianShipInsurance #UNITYinsurance #WarRisks
Ukraine is preparing for sea exports without a grain agreement and will compensate war-damaged ships. The Ministry of Infrastructure reported that the government had approved a procedure for indemnifying civilian vessels entering its ports for damages. Launching the damage compensation mechanism will ... #MilitaryRiskInsurance #UkraineSeaPorts #UkrainianShipInsurance #WarRisks
The export credit agency will insure investments in Ukraine against war risks. The Ukrainian parliament adopted a draft law regarding insurance of investments in Ukraine against war risks. The document is intended to create conditions for scaling up investment in Ukraine during ... #InsuranceUkraine #InvestmentsinUkraine #MilitaryRiskInsurance #WarRisks
