Business news from Ukraine

Business news from Ukraine

National Bank has fined insurer European Insurance Alliance

16 December , 2025  

The National Bank of Ukraine has applied to PJSC “European Insurance Alliance” (Kiev) a measure of influence in the form of a fine of UAH 100 thousand for submitting reports to the regulator with violation of deadlines. Such decision was taken by the Committee for Supervision and Regulation of Non-banking Financial Services Markets on December 15, 2025, based on the results of the on-site supervision of the non-banking financial services market.

The company is obliged to pay the fine within one month from the date of entry into force of this decision.

PJSC “European Insurance Alliance” was founded on September 22, 1994. The Company is a member of the Motor (Transport) Insurance Bureau of Ukraine, the League of Insurance Organizations of Ukraine and the Nuclear Insurance Pool of Ukraine.

The company has a license of the NBU dated April 25, 2024 to carry out insurance activities in 16 classes, in particular property insurance, car insurance, liability insurance, health insurance and the like.

The authorized capital amounts to UAH 55 mln.

https://interfax.com.ua/

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