Ukraine’s insurance market is one of the top 10 fastest growing in the world,

Ukraine’s insurance market is one of the top 10 fastest growing in the world, Alexander Zaletov, member of the National Financial Services Commission told the International Financial Forum in Odessa Friday. For the first six months of this year, payments of insurance premiums increased by 24%, to $600 million. During the same time, insurance payouts increased by 27%, to $211 million. Not counting mandatory automobile insurance, the number of insurance policies increased by 13% to 65.5 million, Interfax-Ukraine reports.