On August 23, the National Bank of Ukraine (NBU) fined Kashtan Insurance Company (Kyiv) UAH 34 thousand for providing the regulator with knowingly false information, according to the regulator’s website.
The insurance company must pay the fine within seven business days from the date of receipt of the NBU’s decision to impose the fine.
Kashtan Insurance Company was registered in June 2002. It offers clients insurance services in 20 types of voluntary and compulsory insurance.
As reported, on August 17, 2021, the NBU revoked the license of Kashtan Insurance Company to provide compulsory insurance of civil liability of owners of land vehicles at the request of the company.
