Official rates of banking metals from national bank as of March 25
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 25/03/21
Source: National Bank of Ukraine
Some 76.7% of OSAGO claims in Ukraine were settled within 90 days, according to the performance indicators of insurers for the fourth quarter of 2020.
According to the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), the share of claims settled within 60 days was about 58.5% (Q4, 2019 – 62.7%), up to 90 days – 76.7% (75.1%), up to 120 days – 85.1% (81.7%).
The MTIBU notes that the best performance in the settlement of insurance events was shown by Motor-Garant insurer, which settled 87.7% of all OSAGO claims within 60 days, VUSO – 82%, Ukrainian Insurance Standard – 79.1%, Kniazha VIG – 76.4%, Alfa-Insurance – 75.8%, ASKO-Donbas Pivnichny – 75.1%, Inter-Policy – 75.1%, ARX – 74.6%, Express Insurance – 73.1%, Guardian – 72.8%, Ukrainian Insurance Group – 72.5%, Arsenal Insurance – 72.2%, TAS – 72.3%, INGO – 70.7%, Krayina – 70.7%.
In addition, it is reported that in the fourth quarter of 2020, the MTIBU received 333 complaints from victims and policyholders about the actions of insurance companies, which is 11 more than in the fourth quarter of 2019. The largest number of complaints was received against Omega – 32, which is 11.72% of the total number of resolved OSAGO events, ASKA – 51 complaints (6.81%), Unives – nine (6%), U.S.I. – 53 (1.83%).
The MTIBU is the only association of insurers in Ukraine that provides compulsory insurance of land vehicle owners’ civil liability for damage caused to third parties. The bureau members are 48 insurance companies.
The delivery of a next batch of AstraZeneca (CoviShield) vaccine to Ukraine may be postponed for a certain period due to the active information campaign that was launched against the Indian vaccine in our country, Chairman of the Verkhovna Rada Committee on Public Health, Medical Assistance and Medical Insurance Mykhailo Radutsky (the Servant of the People faction) said.
“The Ministry of Foreign Affairs has received a letter from the Indian Embassy, which emphasizes the inadmissibility of defamatory statements about India as a manufacturer of medicines and the AstraZeneca [CoviShield] vaccine supplied to Ukraine,” Radutsky wrote on Facebook on Wednesday.
He said that, as noted by the Indian side, the AstraZeneca vaccine (CoviShield) is an absolutely safe and effective drug, which has been confirmed by the World Health Organization.
“Only in Europe and India, about 50 million doses of this vaccine have already been used. Significant volumes of the drug have been contracted by countries such as Canada, Great Britain, Brazil and others,” the MP said.
He said that Ukraine has contracted 1.5 million doses of vaccine produced in India, but for the manufacturer “it is not a problem to transfer this batch to other customers”, since the demand for vaccines in the world significantly exceeds the production capacity.
“According to my information, President Volodymyr Zelensky instructed Ministers Maksym Stepanov and Dmytro Kuleba to find additional ways to speed up the delivery of the next batch of CoviShield vaccine to Ukraine. The Ministry of Health and the Ministry of Foreign Affairs of Ukraine should do everything necessary as soon as possible to convince Indian partners that the state and Ukrainian society are not involved in discrediting the vaccine supplier,” Radutsky said.
He said that both odious pro-Russian politicians and pseudo-patriotic political leaders who are doing everything to return to power, amid the destabilization of the country, worked to disrupt cooperation with India.
“We all remember the shameful statement of one of these figures, which he made during a meeting of the conciliation council of the Verkhovna Rada. It was a deliberate cynical game to disrupt the supply of vaccines and block the vaccination campaign. This man doomed thousands of Ukrainians to death in order to satisfy his own political ambitions,” the MP said.
As previously reported, the first batch of 500,000 doses of Oxford/AstraZeneca (CoviShield) vaccine was delivered to Ukraine on the morning of February 23
Top 20 countries Ukraine has posted the highest surplus of trade in goods in 2020 (thsd usd).
SSC of Ukraine
The market of mineral fertilizers in Ukraine in 2021 will increase by 8-10%, from 4 million tonnes to 4.4 million tonnes.
Such assessments of analysts of Group DF were announced by the chairman of the board of Cherkasy Azot, part of the group, Vitaliy Skliarov, during a working meeting at the Union of Chemists of Ukraine.
“We expect the industry to continue to grow this year. The deals we see in the first quarter, as well as the activity of farmers, give us enough reason to be optimistic,” he said.
According to Skliarov, the beginning of the year is characterized by a good steady demand for nitrogen fertilizers, which is evident from the applications.
“Figuratively speaking, our products are taken from under the grand tower, we practically do not work at the warehouse now. Moreover, the agricultural cycle and the purchase of fertilizers this year began about a month and a half earlier,” he described the current situation.
The expert believes that one of the reasons for the increased demand is the expectation of a good harvest due to sufficient rainfall in Ukraine this year.
He added that a positive effect from the introduction of the land market is also expected.
“This fall, the demand for fertilizers may turn out to be higher than usual, since people will invest more in their own land than in rented land,” Skliarov suggested.
According to him, another fundamental reason for the growth in demand for fertilizers is the global situation: due to COVID-19, the demand for food has significantly increased in the world and prices for basic agricultural commodities are growing.
