The State Mortgage Institution (SMI) on October 22 announced a tender for insurance of real estate for residential purposes (apartments), transferred to financial leasing (2047 units), reported in the e-procurement system Prozorro.
The expected cost of purchase of services is UAH 1 million. Tender security is UAH 30 thousand. Tender offers are accepted until October 31. As reported, the winner of a similar tender a year earlier was IC “Ultra Alliance”, before that – IC “Universalna”.
Leaders of the insurance market of Ukraine by collected premiums in January-August 2024 became insurance companies SG “TAS” (UAH 3,056 billion), “ARKS” (UAH 2,801 billion), “Unica” (UAH 2,564 billion), “INGO” (UAH 2,223 billion) and IC “VUSO” (UAH 2,197 billion), according to the website of the National Association of Insurers of Ukraine (NASU). It is noted that there have been no changes in the top 5 leading companies of Ukraine compared to 7M. 2024 did not occur.
In the top-5 in the market of compulsory motor liability insurance on collected premiums there were no changes and according to the results of eight months are leading SG “TAS” (UAH 913.6 mln), “Oranta” (UAH 874.2 mln), “Knyazha VIG” (UAH 669 mln), “ROM” (UAH 414.1 mln) and “VUSO” (UAH 286.8 mln).
The leaders in the Green Card market in terms of premiums collected during the period are TAS (UAH 891.7 mln), USG (UAH 484.2 mln), Knyazha VIG (UAH 425.6 mln), ROM (UAH 362.4 mln) and Oranta (UAH 284.8 mln) (no changes).
There are also no changes in the CASCO market: as before, it is headed by IC “ARKS” (UAH 1.517 billion), “Arsenal Insurance” (UAH 1.228 billion), “Unica” (UAH 721.6 million), “VUSO” (UAH 625.7 million) and “USG” (UAH 575.3 million).
At the same time there have been slight changes among the leaders in voluntary health insurance: the leader, as before the top-5 in this segment, is IC “Unica” (UAH 1,078 billion), followed by IC “Universalna” (UAH 594,1 million), IC “VUSO” (UAH 547,6 million) has risen from the 4th to the 3rd position, swapping with IC “INGO” (UAH 490,3 million). SG “TAS” (UAH 366,5 mln) has moved up to the fifth position instead of IC “ARKS”.
In September 2024 there were no changes in the leaders in the life insurance market. As before, the first position is occupied by IC “MetLife” (UAH 1.730 billion), IC “TAS” (UAH 447.9 million), “Grave Life” (UAH 364.3 million), “Unica Life” (UAH 284.5 million) and “ROM Life” (UAH 247.4 million).
As reported, as of the end of August 2024, 66 risk insurers operate in the insurance market of Ukraine, 11 specialize in life insurance, one – with a special status (“Export Credit Agency”, ECA).
Global warming threatens to affect a crucial current system in the Atlantic Ocean, leading to fundamental changes in the climate of Europe and North America, Western media reported, citing a letter from more than 40 climate scientists to the Nordic Council of Ministers.
“If Britain and Ireland become like northern Norway, the consequences would be enormous. Our research shows that the likelihood of such a scenario is not small. It is not something you can easily adapt to,” said Prof. Peter Ditlevsen from the University of Copenhagen, one of the authors of the letter.
Media outlets specify that the Atlantic Meridional Overturning Circulation is in question. “Such a change in the circulation of ocean waters would have a devastating and irreversible impact, especially on the Nordic countries, but also on other parts of the world,” the letter noted.
Scientists suggested that the risk of changes in this system of currents is grossly underestimated, and the point of no return could be passed as early as the next decades. The UK Meteorological Service has previously noted that this process will lower temperatures in the Northern Hemisphere, raise the level of the Atlantic Ocean, reduce precipitation over Europe and North America, and affect the rainy season in South America and Africa.
The Nordic Council of Ministers consists of five countries – Denmark, Finland, Sweden, Norway and Iceland – as well as Greenland (Denmark), the Faroe Islands (Denmark) and the Åland Islands (Finland).
According to EastFruit analysts, wholesale prices for apples of “Gala” variety in Ukraine, Moldova and Poland are at record levels for this time for the last years. It is the most popular apple variety among exporters, as well as an increasingly popular apple variety among consumers, competing more and more successfully with the “Golden Delicious” variety.
While usually prices for Gala apple vary significantly in these three neighboring exporting countries, this season by mid-October prices in Moldova, Poland and Ukraine are almost identical, ranging from $0.51 to $0.53 per kg for a standard quality apple suitable for domestic fresh market sales.
As for the premium export quality apple, the prices are significantly higher. “The margin for the ‘premiumness’ of the apple is higher than usual in Eastern European countries this season. This is not only due to a general decrease in apple supply, but also to quality problems due to completely atypical weather conditions during the apple growing season,” says Andriy Yarmak, an economist in FAO’s investment department.
Read also: Prices for apples in Ukraine set new records
In less than a month, prices for “Gala” in Ukraine rose by 36%. In Moldova, the rise in apple prices began later, but over the past three weeks, prices have strengthened by 11% at once. In Poland, prices for the same variety increased by 6% in two weeks, although before that they tended to decrease from the incredibly high levels from which the season started and were much higher than in Ukraine and Poland.
According to traders, the main reason for the rise in apple prices is the reluctance of producers to rush their sales. Even in Ukraine, where Russian invaders attack civilian infrastructure, including the country’s energy facilities, on a daily basis, farmers are trying to keep their apples for longer, hoping for even higher price levels.
It should be noted that the increase in apple prices at this time of year is atypical for Eastern European countries, as apple supply is usually maximized and farmers are in a hurry to sell off the part of the produce that cannot be stored for a long period of time. Therefore, it cannot be excluded that in the winter-spring period, the prices for apple of popular varieties will unpleasantly surprise consumers.
Dynamics of export of goods in Jan-June 2024 by the most important items in relation to the same period of 2023, %
Open4Business.com.ua
The counting of votes in the Moldovan presidential election has been completed – incumbent President Maia Sandu and former Prosecutor General Alexandru Stoianoglo have reached the second round of the election.
According to the CEC press service, on Monday evening the counting of votes in the elections, which took place on Sunday, was completed. According to the results after counting 100% of the protocols, Sandu gained 42.45%, and Stoianoglo – 25.98% of the votes. Next are: chairman of Our Party Renato Usatii – 13.79%; former Bashkan of Gagauzia – 5.38%, former prosecutor Victoria Furtune – 4.45%; former prime ministers Vasile Tarlev and Ion Kiku – 3.19% and 2.06%. The other five candidates garnered less than one percent of the vote.
A total of 1,562,795 people took part in the election, which is 51.68% of the voters included in the voting lists.
Earlier, the Experts Club think tank presented an analytical material about the most important elections in the countries of the world in 2024, more video analysis is available here – https://youtu.be/73DB0GbJy4M?si=eGb95W02MgF6KzXU,
Subscribe to the Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub,
The second round of elections will be held in two weeks, on November 3.
