Ukrainian President Vladimir Zelensky has registered in the Verkhovna Rada bills “On extending martial law in Ukraine” and “On extending the period of general mobilization.”
The cards of bills No. 9259 and No. 9260 appeared on the parliament’s website on Monday evening.
The texts of the documents have not yet been made public.
As reported, Golos faction member Yaroslav Zheleznyak indicated that martial law and mobilization in Ukraine will probably be extended for 90 days – from May 19, 2023 to mid-August.
Earlier, on February 7, the Rada extended martial law and general mobilization in Ukraine for another 90 days (from February 19, 2023).
The U.S. administration has announced the cancellation of the requirement for mandatory vaccination against coronavirus for foreign nationals arriving in the country starting May 12.
“We are announcing that the administration will waive the mandatory COVID-19 vaccination requirement for employees of federal agencies, federal contract workers and passengers arriving on international air flights as of May 11,” the White House said in a statement.
The U.S. began requiring foreign nationals entering the country to be fully vaccinated against COVID-19 beginning in November 2021. Only certificates of vaccination with vaccines approved by the U.S. health regulator or WHO will be accepted.
In April 2023, U.S. President Joe Biden lifted the national state of emergency imposed in 2020 because of COVID-19.
Shareholders of agroholding Astarta will consider paying a dividend of EUR0.5 per share for 2022, worth EUR12.5 mln, the company said in a statement on the Warsaw Stock Exchange.
According to the statement, the distribution of profits for the previous year will be discussed at the May 24 shareholder meeting, which will be held on April 19.
In addition, shareholders are expected to instruct the board to hold talks with the company’s current auditor, PricewaterhouseCoopers, and its competitors, Ernst & Young, KPMG, Deloitte & Touche and Baker Tilly, and, depending on the outcome, appoint one of these firms as external auditor.
As reported, Astarta first paid a EUR12.155 million dividend in June 2021 based on its 2020 performance in the same amount as currently proposed – EUR0.5 per share. In the military year 2022, the company refused to pay them.
Agropromholding Astarta, the largest sugar producer in Ukraine, received EUR65.16 million in net profit in 2022, down 46.8% from 201.
Holding EBITDA last year decreased by 23.2% – to EUR154.77 mln, while revenues increased by 3.8% – to EUR510.07 mln.
Astarta shares rose 1 percent last Friday to PLN30.45 per share (about EUR6.6 per share).
“The company’s policy is to pay dividends at a level consistent with the Group’s growth and development plans, while maintaining a reasonable level of liquidity. The dividend policy will, however, be reviewed from time to time and the payment of any future dividends will actually be at the discretion of the general meeting of shareholders upon recommendation of the board of directors and taking into account various factors, including business prospects, future earnings, cash requirements, financial situation, expansion plans and Cyprus law requirements,” the company said in the dividend policy.
The rating committee of Expert-Rating RA has withdrawn the financial stability rating of the insurer PROSTO-insurance PJSC (Kiev) according to the national scale, according to the website of RA.
The decision has been taken due to revocation of the company’s license for financial services provision by the National Bank of Ukraine on April 27 due to the fact that the insurer’s ownership structure does not meet the requirements of Ukrainian legislation.
The Agency informs that JSC PROSTO-insurance has not provided it with information on non-compliance of its ownership structure with the legislation requirements. The Agency also notes that from April 28, 2023 JSC “PROSTO-insurance” loses the right to: conclude contracts (to prolong the term of the existing agreements), conclude the contracts (to make changes to existing contracts), which will increase the liabilities to the clients. The company continues to fulfill all its obligations under the insurance contracts, which were concluded before the decision of the NBU came into force.
As reported, according to the last submitted accounts for 2022, at the end of the year the amount of insurance premiums of the IC was UAH 204,931 mln, assets – UAH 568,122 mln, insurance reserves – UAH 175,885 mln.
The company’s market share in insurance premiums was 0.6% of the total market (including civil liability insurance of vehicle owners (under internal contracts) – 1,52%).
IC PROSTO-Insurance was registered in 1997. It specializes on provision of services in the field of risk insurance.
According to the NCSSM as of the fourth quarter of 2022, 99,998% of the insurer’s shares belong to the company Lavidia Limited (Cyprus).
The average insurance premium for compulsory motor third party liability insurance (MTPL) in January-March this year amounted to UAH 1.051 thousand, which is by 15.7% more than during the same period last year and by 36.8% more than in the first quarter of 2021, according to the website of Motor (Transport) Insurance Bureau of Ukraine (MTIBU). It is also noted that the average amount of payment has increased to UAH 29.020 thousand, or 30.6% compared with the first quarter of 2022, and by 44% compared with January-March 2021.
As it was reported, in Q1 2023 there were almost 1,6 mln. contracts on MTPL insurance (+14,1% and “minus” 17% respectively).
The amount of insurance payments amounted to 1,7 billion UAH (increase by 32,1% and 13,5%).
The insurance companies settled 31 thousand claims by making insurance payments (decrease by 1,7% and 27% in comparison with the figures of the similar periods of two previous years) and paid almost UAH 0,9 bn. to the victims of traffic accidents (increase by 28,4% and 4,4%).
At that the number of electronic CMTPL insurance contracts in January-March 2023 exceeded 1 mln. The share of electronic contracts in the total number of contracts amounted to 64,4%, in the total sum of premiums – 71,1%. These are the highest indices since the introduction of the electronic policy system.
The number of claims settled according to the simplified system without calling the police – “euro-protocol” increased in comparison with first quarter of 2022 by 2,9%, up to 2,7 thousand pieces. As compared to January-March 2021, the index dropped by 17.8%.
The part of claims settled by means of European prototype in total number of settled insured events continues to grow steadily: from 20,5% in Q1-2022 up to 22,5% for three months of the current year.
The amount of payments on euro-protocols has grown by 40,9% in January-March of the last year and made UAH 202,7mln. The share of claims settled by “Europrotocols” in the total amount of paid claims reached 41,0%, which is a record level.
PJSC “Insurance company “Prestige” (Kiev) has finished January-March this year with net premiums of UAH 11.773 million, which is 3.6% less than during the same period a year earlier, according to the insurer in the information disclosure system of the National Commission on Securities and Stock Market (NKTSBFR).
According to it, the gross premiums of IC for the first quarter decreased by 18%, to 15,5 mln UAH, transferred to reinsurers increased by 4,3% – to 5,6 mln UAH.
The company paid out UAH 2,6 mln (-19,1%) in the Q1 of the current year. Administrative expenses increased to UAH 820 ths (+16.5%), and sales expenses increased to UAH 8.238 mln (+3.2%).
Pre-tax financial result made UAH 476 th. (-15.3%), net profit – UAH 15 th. (-44.5%).
Private JSC “IC “Prestige” has been established in 2012. Shareholders are individuals – citizens of Ukraine. The company has 14 licenses for voluntary insurance and 11 licenses for obligatory insurance.
