The celebrations on the occasion of the 35th anniversary of the Velvet Revolution in Czechoslovakia, organized by the Embassy of the Slovak Republic, took place on November 19 in the capital of Ukraine.
The event took place at the Fairmont Grand Hotel Kyiv and was attended by diplomats, representatives of the Ukrainian authorities and the public.
Addressing the guests of the event, Ambassador of the Slovak Republic to Ukraine Pavel Vizdal emphasized the importance of the Velvet Revolution for the modern history of Slovakia and the Czech Republic. In his speech, he also touched upon the war in Ukraine, recalling the 1000 days since the beginning of the full-scale invasion.
The ambassador emphasized the need for a peaceful resolution of the conflict, taking into account the territorial integrity of Ukraine.
The Velvet Revolution, which took place in Czechoslovakia in November 1989, became a symbol of a peaceful transition from totalitarianism to democracy. Mass protests against the communist government began on November 17, 1989, and by the end of the year led to the fall of the government. The revolution was called the “velvet revolution” because of the absence of violence, which was unique for the revolutionary process in Eastern Europe.
Diplomatic relations between Ukraine and the Slovak Republic were established on January 1, 1993, after the collapse of Czechoslovakia and the proclamation of Slovak independence. Since then, the countries have been actively cooperating in the political, economic, and cultural spheres.
Insurance company “INGO” (Kiev) for 9 months of 2024 collected insurance premiums in the amount of UAH 2.46 billion, which is 23.5% more than in the same period last year, the company reports. It is noted that according to experts of the National Association of Insurers of Ukraine (NAU), this corresponds to the average growth rate of the insurance market of Ukraine for the reporting period, which is 23%.
The company also reports that during the reporting period there was an increase in demand for insurance products in the segment of hull insurance (+25.3%), MTPL (+35.5%), property insurance (+47%), health insurance traveling abroad (+51.3%), accident insurance (+25.7%). At the same time, both the number of clients and the volume of premiums increased in property and auto insurance.
It is also noted that receipts from individuals have increased by 35% to UAH 735 mln. At the same time, premiums in the segment of insurance of legal entities increased by 19% and amounted to UAH 1.73 billion. According to NASU data, INGO is the leader in this segment.
During the reporting period INGO paid more than UAH 1.08 bln of indemnities, which is 32% more than last year’s figures. The largest amounts were reimbursed under contracts of voluntary health insurance – more than UAH 419 mln, CASCO – UAH 328 mln, property insurance – UAH 273 mln. More than UAH 184 mln has been indemnified for losses of agricultural producers.
Reserves of the company as of November 1, 2024 have grown by 11%, reaching almost UAH 2 billion, shareholders’ equity has grown by 16%, up to UAH 1.34 billion. At the same time, highly liquid assets amount to UAH 3,02 bln, that is by 3% more than last year’s indicator.
During the reporting period IC INGO increased the amount of paid taxes to the budgets of all levels by 23% to UAH 185 mln.
Until the end of 2024 INGO expects further increase in insurance premiums due to market concentration and introduction of new technologies. Particular attention will be paid to digitalization of processes to improve customer service, the report says.
INGO Insurance Company JSC holds licenses for 18 classes of insurance and has been providing insurance services to both individuals and companies for 30 years. Its network includes 25 branches, 5 outlets and 9 customer service centers operating in all regions of the country. The company is among the largest insurance companies in Ukraine in terms of premiums, the size of its own assets and the amount of insurance claims paid. Since 2017, the main shareholder is the Ukrainian business group DCH.
State enterprise NAEK Energoatom (Kiev) on November 20 announced a tender for compulsory insurance of motor liability of owners of land vehicles (MTPL).
As reported in the Prozorro electronic public procurement system, the total expected cost is UAH 111.1 thousand.
The deadline for submitting tender documents is November 28.
INGO Insurance Company (Kyiv) collected insurance premiums in the amount of UAH 2.46 billion for 9 months of 2024, which is 23.5% more than in the same period last year, the company said in a statement.
It is noted that, according to experts of the National Association of Insurers of Ukraine (NASU), this corresponds to the average growth rate of the Ukrainian insurance market for the reporting period, which is 23%.
The company also reports that during the reporting period, there was an increase in demand for insurance products in the hull insurance segment (+25.3%), MTPL (+35.5%), property insurance (+47%), health insurance for those traveling abroad (+51.3%), and accident insurance (+25.7%). At the same time, both the number of clients and the volume of premiums increased in property and motor insurance.
It is also noted that revenues from individuals increased by 35% to UAH 735 million. At the same time, premiums in the corporate insurance segment increased by 19% to UAH 1.73 billion. According to the National Insurance Agency of Ukraine, INGO is the leader in this segment.
During the reporting period, INGO paid more than UAH 1.08 billion in indemnities, which is 32% more than last year. The largest amounts were paid under voluntary health insurance contracts – over UAH 419 million, hull insurance – UAH 328 million, property insurance – UAH 273 million. Over UAH 184 million was reimbursed for losses incurred by agricultural producers.
As of November 1, 2024, the company’s reserves increased by 11%, reaching almost UAH 2 billion, and equity increased by 16% to UAH 1.34 billion. At the same time, highly liquid assets amounted to UAH 3.02 billion, which is 3% more than last year.
During the reporting period, INGO increased the amount of taxes paid to the budgets of all levels by 23% to UAH 185 million.
By the end of 2024, INGO expects a further increase in insurance premiums due to market concentration and the introduction of new technologies. Particular attention will be paid to the digitalization of processes to improve customer service, the statement said.
INGO Insurance Company JSC holds licenses for 18 classes of insurance and has been providing insurance services to both individuals and companies for 30 years. Its network includes 25 branches, 5 offices and 9 customer service centers operating in all regions of the country. The company is one of the largest insurance companies in Ukraine in terms of premiums, own assets and insurance claims.
Since 2017, the main shareholder is the Ukrainian business group DCH.
Austria has pledged to provide additional humanitarian support to Ukraine in the amount of EUR 8 million and will also provide EUR 2 million for the Ukrainian initiative Grain from Ukraine, Austrian Foreign Minister Alexander Schallenberg said.
“And today I can announce that we have committed to provide additional humanitarian support to Ukraine in the amount of EUR8 million: EUR5 million for the World Food Programme’s mine action program and EUR3 million for humanitarian assistance through international organizations working in Ukraine and Moldova,” said Schallenberg at a joint press conference with his Ukrainian counterpart Andriy Sibiga on Wednesday.
He also announced the allocation of additional funds for the Grain from Ukraine initiative.
“And I am pleased to announce that we will provide EUR2 million in addition to the EUR2 million allocated by the Austrian Development Agency for the Grain from Ukraine initiative, which I believe is important to reduce the impact of Putin’s war on global food security,” the minister said.
The foreign minister noted that at the bilateral level alone, his country provided EUR264 million in support to Ukraine, which was directed to humanitarian and financial assistance.
As of November 19, farmers in all regions of Ukraine sowed more than 6.14 million hectares of winter crops, up from 6 million hectares last week, the press service of the Ministry of Agrarian Policy and Food reported.
According to the report, almost 5.06 million hectares were sown with winter crops, which is 98% of the forecast. In particular, winter wheat has been sown on 4.4 million hectares (4.3 million hectares a week earlier), which is 98% of the forecasted area under the crop, barley – on 610.5 thousand hectares (577.8 thousand hectares) and 96%, rye – on 68.6 thousand hectares (68.1 thousand hectares) and 97%, rapeseed – on 1.08 million hectares (1.07 million hectares) and 96%.
Agrarians in 14 regions have completed sowing winter grains, and 12 regions have completed sowing winter rapeseed.
According to the Ministry, the leaders in terms of winter grain sowing are farmers in Odesa – 760 thou hectares, Dnipro – 532 thou hectares, and Mykolaiv – 503.1 thou hectares.
As of November 14, a year earlier, Ukraine planted 5.8 mln ha of winter crops, including 4.022 mln ha of wheat, 506 thou ha of barley, 77 thou ha of rye, and 1.159 mln ha of rapeseed.
