Business news from Ukraine

Business news from Ukraine

In January–November, number of Green Card agreements decreased by 4%

11 December , 2025  

Insurance premiums accrued under international Green Card insurance agreements concluded by member companies of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) decreased by 3.9% in January-December 2025 compared to the same period in 2024, to UAH 5.042 billion.
According to the MTIBU website, the number of Green Card contracts concluded during this period decreased by 4.3% to 1.308 million.
At the same time, the amount of compensation paid on claims increased by 0.75% to EUR 46.125 million, while the number of claims paid decreased by 8.52% to 13,300.
The MTIBU is the only association of insurers providing compulsory civil liability insurance for owners of land vehicles for damage caused to third parties.
The Green Card is a system of insurance protection for victims of road traffic accidents, regardless of their country of residence and the country of registration of the vehicle. It covers 45 countries in Europe, Asia, and Africa.
According to a decision adopted by the General Assembly of the Council of the International Motor Insurance System “Green Card” in Luxembourg in May 2004, Ukraine has been a full member of this system since January 1, 2005.