In January-February 2025, accrued insurance premiums under international insurance contracts “Green Card” concluded by member companies of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) increased by 6.43% compared to the same period in 2024 – up to UAH 835.6 million.
According to the MTIBU website, the number of Green Card contracts concluded during this period decreased by 11.8% to 191.3 thousand.
The amount of compensation paid on claims also decreased by 6.79% to EUR 7.131 million, the number of paid claims – by 12.3% to 2.209 thousand.
MTIBU is the only association of insurers that provide compulsory insurance of civil liability of owners of land vehicles for damage caused to third parties.
“Green Card is a system of insurance coverage for victims of road traffic accidents, regardless of their country of residence and country of registration of the vehicle. “The Green Card covers 45 countries in Europe, Asia and Africa.
According to the decision adopted by the General Assembly of the Council of the Bureau of the International Motor Insurance System “Green Card” in Luxembourg in May 2004, Ukraine became a full member of the system on January 1, 2005.
