In January-September 2024, Ukraine exported $1.98 billion worth of agricultural products to Turkey and would like to deepen cooperation in the agro-processing industry, Ukrainian Minister of Agrarian Policy and Food Vitaliy Koval said at a meeting with Turkish Ambassador to Ukraine Mustafa Levent Bilgen in Kyiv on Tuesday.
“Ukraine and Turkey complement each other in the agricultural sector. We need to deepen cooperation between the countries, in particular in the agro-processing industry, and move together to new markets,” the press service of the Ministry of Agrarian Policy and Food quoted him as saying.
The Minister noted that Turkish agro-processing companies can find new high-quality markets for their business in Ukraine. This will be beneficial for both countries. Also, Ukraine and Turkey can cooperate in the export of cattle and small cattle meat. Turkey’s experience in irrigation is important for Ukraine. Especially after the Kakhovka dam was blown up.
Koval thanked Turkey for its involvement in ensuring food security. In particular, for participating in the humanitarian initiative of Ukrainian President Volodymyr Zelenskyy “Grain From Ukraine”, under which Ukrainian grain is supplied to countries on the African continent.
The Minister of Agrarian Policy invited his Turkish counterpart to discuss further cooperation in agriculture.
For his part, Mustafa Levent Bilgen noted that Turkey appreciates cooperation with Ukraine, particularly in the agricultural sector. However, it understands the importance of the Ukrainian economy and ensuring the world’s food supply through grain exports.
The Turkish Ambassador assured of continued support for Ukraine and expressed readiness to deepen cooperation.
In January-September 2024, Guardian Insurance Company (Kyiv) made insurance claims in the amount of UAH 389.61 million, which is 38.37% more than in the same period in 2023, according to the insurer’s website.
It was specified that the growth was due to a 49.2% increase in Green Card payments.
During the reporting period, the company collected UAH 769.5 million in insurance payments, which is 31.3% less than a year earlier. The main reason for this is a reduction in payments and lower sales of the Green Card. Thus, during the reporting period, 120.8 thousand contracts were concluded for this type of insurance, which is 9.2% less compared to the same period in 2023.
According to the report, motor hull insurance premiums for the first nine months increased by 57.3% to UAH 53.1 million, for third-party liability – from UAH 2.9 million to UAH 15.3 million, for voluntary civil liability insurance of land transport owners – from UAH 7.3 million to UAH 9.3 million (+27%).
The company emphasizes that the priority tasks facing its team this year are: strengthening and expanding positions in the regions and, accordingly, staff training, diversification of the product portfolio with a focus on increasing the share of voluntary insurance.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has acquired the status of a full member of the MTIBU and has the right to sell Green Card policies.
In October 2020, according to the decision of the general meeting of members of the Nuclear Insurance Pool of Ukraine, Guardian Insurance Company became a member of the pool.
Dynamics of import of goods in Jan-June 2024 by the most important items in relation to the same period of 2023, %
Open4Business.com.ua
Deputy Head of the Office of the President Iryna Vereshchuk and the new head of the European Commission’s Directorate-General for Humanitarian Aid and Civil Protection in Ukraine (ECHO), Marianne Franco, discussed the situation in the frontline and de-occupied communities, as well as the possibilities of meeting the humanitarian needs of people living there.
According to the website of the President of Ukraine, a meeting with the new head of the ECHO Office in Ukraine was held at the Office of the President of Ukraine on Tuesday. The main topic of the meeting was the priorities of humanitarian response in winter.
In particular, Vereshchuk and Franco discussed the situation in the frontline and de-occupied communities and the basic humanitarian needs of the people living there. Vereshchuk also thanked the European Commission for its assistance. Representatives of the European Union assured that they would continue to support Ukraine.
The EEAS has been working in Ukraine since February 2014 and plays an important role in coordinating humanitarian issues. Since the beginning of the full-scale Russian invasion, EU countries have provided assistance worth almost 108 billion euros. Humanitarian support funded by the EU is channelled through UN agencies, NGOs and the International Committee of the Red Cross.
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).
