Business news from Ukraine

KD Life Insurance Company increased its authorized capital by 48%

9 February , 2024  

Insurance company KD Life (KD Life, Kyiv) has increased its authorized capital by 48% to UAH 53.302 million, according to the insurer’s website.

It is noted that the additional issue of shares was registered by the decision of the National Securities and Stock Market Commission on January 19, 2024.

“The company continues to implement new standards and procedures in accordance with the requirements of the new legislation, actively adapts its internal processes and policies, directing all efforts to comply with the new regulations,” the statement said.

KD Life is a Ukrainian company founded in 2007 by KD Group holding.

KD Group Holding is a leader in the financial market of Eastern Europe, with almost 130 years of successful experience in life and risk insurance, financial management and investment funds.

Currently, the company’s services are offered by more than 3 thousand consultants throughout Ukraine.

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