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Ukraine

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Ukraine

Insurance Intelligence

Providing expert analysis, independent market insight and company data on the insurance industry.

Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.

Axco’s Ukraine Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.

The Life & Benefits Report for Ukraine includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics

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Information for Ukraine can be seen in:

Insurance Market Reports (Non-Life) Insurance Market Reports (Life & Benefits) Global Statistics Employee Benefits Reports Regulatory Alerts Market Profiles Insight Compliance Insight EB Compliance Point Clinical Trials Axco API Insight Risk Manager

Country Information

Time-zone
Capital city
Currency
Population
Real GDP growth (%)
Inflation (%)
latest GWP
Insurance Penetration (%)
GMT +2
Kyiv
UAH
43.68 mn
161,269.33 mn
7.00%
2,097.96 (mn)
1.36

Ukraine is a country in Eastern Europe, bordering Russia to the east and north east. The border has not been officially demarcated since Russia annexed the Crimean Peninsula in March 2014. It is a priority partner within the Eastern Partnership and the European Neighbourhood Policy.

In 2017 non-life gross written premiums (including personal accident and healthcare) were UAH 41.19bn, representing growth of 24.36% over the prior year in local currency. Ukraine's non-life market ranked 53rd globally in 2017.

At 31 December 2018, there were 281 insurance companies, of which 251 were non-life insurers and 30 life insurers.

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