The investment income of PZU Ukraine Life Insurance Company (Kyiv) for 2023 amounted to 14.59% in UAH and 3.32% in USD, according to the insurer’s information.
“This result was achieved due to the company’s balanced investment policy aimed at achieving the maximum result,” the statement said.
As reported, the company’s investment income in 2022 amounted to 11.24%, in 2021 – 10.52%, 2020 – 13.62%, in US dollars in 2022 – 2.21%, in 2021 – 2.71%, 2020 – 3.56%.
As reported, in 2023, PZU Ukraine Life Insurance collected UAH 401.220 million in net premiums, which is 1.2% more than a year earlier. last year, it paid out UAH 75.847 million in compensation (11.4% more).
Supervisory Board of JSC “Insurance Company ‘Opeca’ (formerly – IC ‘Point’, Kiev) on June 6 terminated the powers of the head of the Board of Directors Oleg Bazaliy and a member of the Board of Directors Marina Dudnik, reported in the official information of the insurer, posted in the system of the National Commission on Securities and Stock Market.
It is also noted that they have held office since December 2022 and no one has been elected instead of them.
In addition, the nabsovet terminated the powers of a member of the Board of the company Svetlana Sukhorukova by agreement of the parties.
As reported, the National Bank of Ukraine on April 1, 2024 granted permission to JSC Insurance Company Opeca to exit the market by executing the insurance portfolio and agreed on the exit plan.
According to the statements presented by IC “Opeca” for 2023, the insurance portfolio of the company was formed at the expense of payments on health insurance (continuous health insurance) – 65%, accident insurance – 13%, insurance of land transport (except railway) – 10%.
The volume of insurance premiums of the company in the specified period amounted to UAH 9,871 mln, formed insurance reserves – UAH 1,194 mln. For 2023 the insurer has paid out insurance indemnities in the amount of UAH 4,554 mln. The share of the company on insurance premiums in the insurance market makes 0,02%.
IC “Opeca” has been working in the insurance market since 2003. It specializes on risk insurance.
French President Emmanuel Macron announced the dissolution of the National Assembly and the scheduling of early parliamentary elections for June 30 and July 7, French newspaper Le Figaro reported.
“I have decided to give you back the choice of your parliamentary future. It is a serious and weighty decision, but above all, it is an act of trust,” Macron said in a video message posted on social network X.
The first round of elections will be held on June 30, with the second round on July 7.
Macron’s list was defeated in the European Parliament elections, taking half as many as the right-wing National Union.
According to Macron, this result “is not a good result for parties defending Europe.” He added that the far-right was gaining popularity everywhere on the continent.
“I cannot act as if nothing has happened….. That is why, having carried out the consultations required by Article 12 of our Constitution, I have decided to once again give you the choice of our parliamentary future by voting. In a few minutes, I will sign a decree calling parliamentary elections to be held on June 30, the first round, and July 7, the second round,” the French leader said.
France will allocate 200 million euros to companies that will invest in the restoration of Ukraine’s critical infrastructure, with 60 million euros of these funds going to the Ukrainian energy sector, French President Emmanuel Macron said.
“We held a meeting at the level of the Reconstruction Fund and decided that new instruments will be created to accompany this reconstruction of Ukraine. An agreement has been signed on a 200 million euro fund that will be earmarked for those companies that will invest in Ukraine’s critical infrastructure to rebuild it,” Macron said during a joint press conference with Ukraine’s president in Paris on Friday evening.
At the same time, he said, 60 million euros from this fund will be directed to Ukraine’s energy sector and its priorities.
The French President also announced the decision to expand the mandate of the French Development Agency to support projects in Ukraine at the local level.
In particular, it was decided to second 20 French technical experts to various key ministries of Ukraine to witness the work on standardization.
The new tariff of 4.32 UAH/kWh does not cover the market cost of electricity, which today is 7-8 UAH/kWh, said Prime Minister of Ukraine Denis Shmygal.
“Even this increase did not cover the market cost. The market cost of electricity fluctuates today around 7-8 UAH. We set the tariff at 4.32 based on the cheapest production cost of Energoatom and Ukrhydroenergo. Plus we include the cost of delivery to people from the two components. And this is the lowest cost price of the cheapest electricity, which we have in the state and which is available today”, – said Shmygal on the air of the national telethon on Friday evening.
According to the prime minister, the state pays about 90 billion hryvnias to ensure this non-market price for the population.
Shmygal also emphasized that the tariff of 4.32 UAH/kWh is fixed for one year, it is secured by subsidies.
As reported, the Cabinet of Ministers of Ukraine has established from June 1, 2024, the tariff for electricity for the population in the amount of 4.32 UAH/kWh (including VAT), which is 64% higher than the previously effective tariff of 2.64 UAH/kWh (including VAT).
More than 2,000 people from over 60 countries will participate in the Ukraine Recovery Conference (URC-2024), which Germany and Ukraine will co-host on June 11 and 12 in Berlin, the German Ministries of Foreign Affairs and Economic Cooperation and Development said in a press release on Friday.
“Together with numerous partners from politics, business, civil society and municipalities, we want to use the Ukraine Recovery Conference to do everything we can to support Ukraine on its path of reform and recovery. Our common message is clear: we stand firmly by Ukraine’s side and support it with all our strength – as long as it needs us,” German Foreign Minister Annalena Berbock was quoted as saying in the release.
She noted that Ukraine is defending the free European way of life with great determination, and Germany and the EU, for their part, continue to provide Ukraine with all-round support: economic, humanitarian and political, as well as supplying much-needed weapons.
“We are doing everything possible so that Ukraine can soon have a seat at the negotiating table in the European Union,” the German foreign minister added.
German Development Minister Svenja Schulze emphasized that even in the current wartime, Ukraine needs to constantly rebuild homes, water pipes, hospitals and power grids.
“Surrendering is not an option. People want to continue living in their country, and for that they need electricity, water and a roof over their heads. The reconstruction conference in Berlin is a strong message of solidarity. Partners from around the world are joining forces to support Ukraine’s reconstruction,” the minister said.
According to her, this task is too big to be solved by governments alone, so companies, civil society and municipalities have been invited to the conference.
It is specified that more than 2,000 conference participants represent approximately equal parts of three groups: governments and international organizations; businesses and civil society; and municipalities and regions. In particular, more than 600 representatives of Ukrainian, German and international companies from such sectors as energy, healthcare, logistics and armament, as well as representatives of municipalities and civil society will present their work in the framework of URC-2024.
“The goal of the conference is to bring together this wide range of activities and target them to address Ukraine’s short- and long-term recovery needs,” Schulze summarized.
The release announces the launch at the upcoming conference of a new initiative for skilled workers, a skills alliance for Ukraine, and an alliance for SMEs, as well as a host of other cooperative agreements.
It is pointed out that for the first time at the Ukraine Recovery Conference, Germany, as co-organizer, is focusing on social and community recovery in areas such as education, health, and municipal and regional recovery.
“To ensure Ukraine’s early accession to the EU, the focus is also on the necessary reforms in Ukraine. In some 30 panels, participants will address this wide range of topics under the motto “United in Defense. United in Recovery. Stronger Together,” the release noted.
According to the currently available program, the conference will be attended, in particular, by European Commission President Ursula von der Leyen and German Chancellor Olaf Scholz, foreign ministers of Germany, Italy, Great Britain, France, Poland and the U.S. special envoy for Ukraine’s recovery, as well as heads of leading international financial organizations.
The Ukraine Reconstruction Conference in Berlin is the third reconstruction conference to be held since Russia’s full-scale war of aggression against Ukraine began in 2022. In July 2022 in Lugano, Switzerland, conference participants agreed on guiding principles for Ukraine’s recovery: the recovery process should be reform-oriented, transparent, democratic and sustainable. The 2023 Ukraine Recovery Conference in London focused on mobilizing the private sector. In 2025, Italy will co-host the recovery conference with Ukraine.
