The insurance companies of Ukraine in January-September 2019 received insurance premiums from individuals in the amount of UAH 15.86 billion, which is 18.4%, or UAH 2.47 billion, more than in the same period in 2018, Oleksandr Zaletov, a member of the National Commission for the State Regulation of the Financial Services Market, has told Interfax-Ukraine. In the nine months of 2019, the top ten most popular insurance services among the population of Ukraine included the following: life insurance with UAH 3.183 billion, vehicle insurance with UAH 3.080 billion, compulsory insurance of motor vehicle owners’ liability to third party with UAH 3.119 billion, medical insurance with UAH 1.207 billion, travel insurance with UAH 1.187 billion, Green Card insurance with UAH 1.039 billion, accident insurance with UAH 1.034 billion, property insurance with UAH 843.3 million, health insurance with UAH 419.9 million, and financial risk insurance with UAH 326.1 million.
In his opinion, the growth of insurance services provided to the population, in contrast to the previous years, is not due to exchange rate differences, but, first of all, to the growing demand for insurance among citizens who actively travel, take care of their health and their loved ones, and also think about providing “financial airbag” in old age.
So, in January-September 2019 in comparison with the same period last year, the most dynamically provided were travel insurance services, which increased by 61.9%, Green Card insurance rose by 40.3%, health insurance by 33.6%, medical insurance by 28.7%, financial risk insurance by 23.8%, car insurance by 20.5%, life insurance by 20.3%, accident insurance by 11.1%, compulsory insurance of motor vehicle owners’ liability to third party by 10.4%, and property insurance by 9.4%.
