Fewer and fewer cases of domestic violence in Ukraine go to court
1,521 criminal proceedings under Article 126-1 of the Criminal Code of Ukraine “Domestic Violence” were registered in the first 5 months of 2024, according to the Prosecutor General’s Office. The number of such cases has been steadily increasing, and the percentage of cases that go to trial has fallen sharply this year.
Since the beginning of the year, 1521 domestic violence proceedings have already been opened – 36% more than in the same period last year. Back then, 1121 proceedings were registered. For comparison, in 2021, 1343 such cases were opened during this time.
Currently, an average of 300 such cases are registered per month. For comparison, in 2021, about 200 were opened per month.
The number of cases that go to court has significantly decreased. While in 2022 and 2023, the number was about 83%, this year it is only 64%, the lowest figure in the last 5 years.
This year, more than 1,000 Ukrainians have been served with a suspicion of committing such a crime.
Context:
On June 20, 2022, the Verkhovna Rada ratified “the Council of Europe Convention on preventing and combating violence against women and domestic violence (Istanbul Convention). The document proposes to criminalize and punish violence against women and men.
In May 2024, the Verkhovna Rada adopted Law No. 8329, which prohibits the closure of domestic violence cases, increases the terms of liability, introduces administrative liability for sexual harassment, etc.
https://opendatabot.ua/analytics/domestic-violence-2024-5
On June 17, the National Bank of Ukraine (NBU) has agreed with MetLife PJSC, specializing in life insurance, to expand the scope of the license for direct insurance and incoming reinsurance.
According to the regulator’s website, the company has received the right to carry out insurance in the classes of accident insurance (including industrial injury and occupational disease) and sickness insurance (including health insurance).
The message also underlines that taking into account this extension the license of PJSC “MetLife” is considered to be reissued.
According to the statements of PJSC “MetLife”, the volume of insurance premiums of the company in the specified period amounted to UAH 2,489 billion, insurance reserves – UAH 6,186 billion.
For 2023 the insurer has paid out insurance indemnities in the amount of UAH 516,6 mln.
The share of the company by the volume of insurance reserves in the life insurance market is 31,3%.
Private JSC “MetLife” is a part of the leading world corporation MetLife. The company has been operating in Ukraine since 2002. The main lines of business are accumulative life insurance, accident and critical illness insurance, corporate insurance and bancassurance.
On June 17, JSC “Oschadbank” opened offers of bidders for voluntary medical insurance of employees with a budget of UAH 114.8 million, according to the e-procurement system “Prozorro”.
According to the report, the price offer of the only bidder IC “VUSO” amounted to UAH 114.2 million.
As reported, the company was the winner of a similar tender a year earlier.
IC “VUSO” was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance. It is represented in all regions of Ukraine. It is a member of ITSBU and UFS, a participant of Direct Loss Settlement Agreement and a member of Nuclear Insurance Pool.
Ukraine’s gross domestic product (GDP) growth rate slowed to 3.5% in May from 4.2% in April and 4.8% in March as a result of significant damage to electricity generation by Russian attacks, the Institute for Economic Research and Policy Consulting (IEPC) said in its Monthly Economic Monitor.
“Due to the damage to electricity generation, restrictions on business electricity supply have been applied. The IED estimates that the growth rate in the processing industry has slowed to 5% from 11%. At the same time, easier logistics supported the sector’s growth. We are talking, in particular, about machine building and metallurgy,” the IED noted.
According to the institute’s estimates, real gross value added (GVA) growth in the extractive industry increased by 2% due to fairly stable production of gas, iron ore, as well as construction materials.
Real GVA in transportation rose by almost 15%, up from 11% in April, in part due to the unblocking of western borders as well as the statistical base effect.
“In contrast to the weak performance of the “grain corridor” in 2023, the Ukrainian Maritime Corridor allows us to maintain high exports through seaports. At the same time, not only grain, but also iron ore and metallurgy products are brought in,” the IEI stated.
In May, as in the previous three months, consumer inflation was slightly above 3% (3.3%). The IEI believes that this reflected a good harvest last year (and for some products this year) and low export prices for Ukrainian agricultural products compared to last year, lower logistics costs for imports and significant competition for consumer demand.
According to the IEI, this has so far compensated for the increase in a number of business expenses due to rising wages, rising fuel and electricity costs, and the weakening of the hryvnia against the dollar.
It is expected that the balance between the factors restraining price growth and growth of suppliers’ and retailers’ expenses may change in the next months and lead to acceleration of inflation.
At the same time, moderate inflation expectations and relatively limited demand will further restrain price growth, so sharp price increases for most goods are not expected. The exception was the government’s increase in electricity tariff, which led to an increase in the consumer price index by more than 1%.
Monthly inflation accelerated to 0.6% in May due to a 10% rise in fruit prices. At the same time, egg prices continued to fall: they fell in price by 14% and almost halved compared to December last year. Prices for other goods rose by an average of 0.3%.
As reported, after Ukraine’s GDP growth of 5.3% in 2023, the National Bank expects it to slow down to 3% in 2024, while the government expects it to slow down to 4.6%. According to the Ministry of Economy, GDP growth for January-April this year amounted to 4.4%, while the NBU estimated it at 3.7%.
Earlier, the analytical center Experts Club and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more detailed video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3.
Subscribe to Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub
Insurance group “TAS” (Kiev) for January-May 2024 paid out UAH 785,23 mln under the concluded insurance contracts – it is by 54,3% more than the amount of indemnities of the company for five months of the last year, as reported on the website of the insurer.
More than a quarter of the total volume of payments fell on CASCO – UAH 218,72 mln, which is 38% higher than the corresponding indicator for 5 months of the last year. 2023, 34,37% or UAH 269,89 mln fell on MTPL (+39,2%), 19,5% or UAH 154,6 mln – on “Green Card” (+75,2%).
Even more – in 2,3 times – payments under contracts of voluntary medical insurance have increased up to UAH 117,94 mln, that makes 15,02% of the total volume of indemnities paid by the company in the reporting period
For the first five months of 2024, TAS IG paid UAH 4,13 mln under property insurance contracts, and UAH 19,94 mln under other insurance contracts – by 54,6% more than in the past.
SG “TAS” was registered in 1998. It is a universal company offering its clients more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
The Supervisory Board of PJSC Insurance Company “Columnaid Ukraine” on June 18 terminated the powers of CEO Svyatoslav Yaroshevych, appointing him Acting Chairman of the Board, according to the company’s information posted in the system of the National Commission on Securities and Stock Market.
The reason for this decision was the termination of the sole executive body “CEO” and the appointment of a collegial executive body “board of the company” in accordance with the new version of its charter.
It is emphasized that Yaroshevich is appointed acting pre-management until the National Bank approves his candidacy for the position of chairman of the board.
In addition, the NAB has appointed the head of underwriting department Oleksiy Pilipenko and financial director Yulia Aniskina as acting members of the Board, also before the approval of the NBU.
PJSC IC Colonnade Ukraine (until 2016 – PJSC with AI “QBE Ukraine”) was founded in 1998 as the first international insurer in the Ukrainian market.
As reported, the company Colonnade Finance SARL (Luxembourg) in November 2015 has concentrated 99,9833% of the authorized capital of the insurer. Earlier Fairfax Financial Holdings Limited entered into an agreement with QBE Management (Ireland) Limited and its Ukrainian partner on indirect acquisition of 100% of the Ukrainian IC through the companies Colonnade Finance SARL (Luxembourg), Fairfax Holdings Inc. (Connecticut, USA), Fairfax Financial (US) LLS (Delaware, USA).
