Business news from Ukraine

Business news from Ukraine

“Arsenal Insurance and VUSO have paid UAH 19.9 mln for damaged business centers

16 October , 2025  

Insurance companies IC “Arsenal Insurance” and VUSO (both Kiev) have paid UAH 19.9 mln (UAH 9.95 mln each) of insurance indemnity under the contract of co-insurance of buildings against military risks. According to the website of IC “Arsenal Insurance”, after two powerful air attacks on Kiev in June and July 2025 two business centers of the same network suffered.

Thus, on June 23, blast wave and debris damaged the facade, window structures, glass elements, decoration and engineering systems of one business center. And on July 10, during the next massive attack of Kiev, the explosion damaged the second business center of the same network – the entrance group, office space and glass windows on several floors of the building were destroyed.

“Arsenal Insurance” – non-life insurance company with 100% Ukrainian capital. It has been operating since 2005. According to the results of 2024 it has entered the top six in gross premiums among non-life insurers of Ukraine.

VUSO is a Ukrainian insurance company among the top five market leaders. It was founded in 2001.

 

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