The private insurance market collected nearly 1 billion UAH in premiums for products covering war risks in January–March 2026, said Serhiy Nikolaychuk, First Deputy Governor of the National Bank of Ukraine (NBU), at a press briefing on Monday dedicated to the presentation of the Financial Stability Report.
He emphasized that most of these premiums were for comprehensive auto insurance (CASCO), but there are also offerings for businesses, and the government has already launched a mechanism to compensate for losses in high-risk areas and to reimburse insurance premiums in other areas.
As noted in the Report, citing data from the National Association of Insurers of Ukraine, in the first quarter of 2026, premiums collected under risk insurance policies covering war risks accounted for 11% of all risk insurance premiums collected, exceeding the total for the entire previous year.
“Previously, we talked a lot about how to create a war risk insurance system almost from scratch. Now, in fact, we are talking about scaling up existing areas and projects, and in this report—and in general—we are highlighting that the range of war insurance products is constantly expanding,” explained the first chairman of the NBU.
According to him, the NBU sees significant potential in the further development of and increased cooperation with international reinsurers, as well as with international financial institutions operating in this market.
According to Fixygen, the National Bank of Ukraine imposed a penalty of 432.35 thousand UAH and issued a written warning against FC “Business-Partner” LLC.
As reported on the regulator’s website, the sanctions were imposed for submitting regulatory reports to the NBU containing inaccurate data, as well as for failing to ensure the functioning of a comprehensive, adequate, and effective internal control system.
Specifically, the fine was imposed for violating the requirements of paragraph 5 of Section I of the Rules for the Preparation and Submission of Reports by Non-Bank Financial Services Market Participants to the National Bank of Ukraine, approved by NBU Board Resolution No. 123 of November 25, 2021.
The company must pay the fine within one month from the date the decision takes effect. In addition, by July 15, 2026, FC “Business-Partner” must remedy the violations of the requirements for the financial company’s corporate governance and internal control systems, as well as the operational shortcoming specified in the warning.
Business-Partner Financial Company LLC is registered in Ukraine under EDRPOU code 43310379. The company operates in the non-bank financial services market. Such institutions are supervised by the NBU following the transfer of control functions over the non-bank financial sector to the regulator.
Source: NBU
The National Bank of Ukraine has issued a written warning to FC “Alfa-Invest Group” LLC for violating the procedures governing foreign exchange transactions, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of failing to provide a retail customer with cash in foreign currency simultaneously with the issuance of a settlement document by the transaction registrar.
No fine was imposed on the company in the NBU’s statement; the measure in question is a written warning.
Alfa-Invest Group LLC operates in the non-bank financial services market.
The National Bank of Ukraine fined FC “Alliance Capital Group” LLC 100,000 UAH for violating the procedures for conducting currency exchange operations, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of a cashier at a separate structural unit failing to accept or issue cash for a currency exchange transaction simultaneously with the provision of a settlement document from the transaction recorder.
The regulator also issued a written warning to the company for violating requirements regarding the video surveillance system, specifically the absence of date and time information in the video footage from the customer area.
FC “Alliance Capital Group” LLC operates in the non-bank financial services market.
The National Bank of Ukraine fined Pawnshop “No. 1” LLC “Contract-Group” 200,000 UAH for violating the procedure for conducting currency exchange transactions, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of a cashier at a separate structural unit failing to provide payment documents from the payment transaction register simultaneously with the receipt or issuance of cash in foreign currency for reversal transactions.
In addition, the pawnshop received a written warning for the absence in a separate structural unit of a copy or extract from the order on its opening, specifying the list of transactions carried out at the cash desk, as well as for violating the requirements for technological video surveillance systems.
PT “Pawnshop No. 1” LLC “Contract-Group” operates in the pawnshop and non-bank financial services market.
The National Bank of Ukraine fined FC “A Finance” LLC 800,000 UAH for violations of currency exchange procedures and requirements for video surveillance, the regulator announced on its website.
According to the NBU’s statement, the violation of currency exchange procedures consisted of cashiers at certain structural units of the institution failing to accept or dispense cash simultaneously with the provision of transaction documents from the transaction recorder.
In addition, the regulator noted that a specific structural unit lacked a video surveillance system for the customer service process with mandatory recording and archiving of video footage.
As previously reported, in May the NBU imposed sanctions on one bank and nine non-bank financial institutions.
FC “A Finance” LLC operates in the non-bank financial services market, including in the foreign exchange segment.
