Business news from Ukraine

Business news from Ukraine

Victims of road accidents caused by Ukrainian drivers abroad for 5 months of 2024 were paid almost EUR21 mln.

Injured in road accidents caused by Ukrainian drivers abroad in 5 months of 2024 were paid EUR20.8 mln, which is 13% more than in 5 months of 2024. 2024 EUR20.8 mln was paid out, which is 13% more than in the same period a year earlier, according to the MTSBU Facebook page.

According to the report, the number of such cases increased by 8.5% – up to 6.401 thousand. The average amount of payment varies, as accrual is made in accordance with local legislation, and insurance indemnity limits in European countries reach one million euros and in some cases may be unlimited.

For example, if a road accident occurred in Poland, the limits of compensation are: for life and health – EUR 5.21 mln, for property – EUR 1.05 mln.

MTSBU is the only association of insurers that provide compulsory civil liability insurance of owners of land vehicles for damage caused to third parties.

“Green Card” is a system of insurance coverage for victims of road traffic accidents regardless of their country of residence and country of vehicle registration. “Green Card” covers the territory of 45 countries in Europe, Asia and Africa.

According to the decision adopted by the General Assembly of the Council of the Bureau of the International Motor Insurance System “Green Card” in Luxembourg in May 2004, Ukraine is a full member of this system since January 1, 2005.

 

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More than 15 thousand road accidents involving Ukrainian drivers occurred abroad in 2023

In 2023, 15.122 thousand traffic accidents involving Ukrainian drivers occurred abroad, the Motor (Transport) Insurance Bureau of Ukraine reported.

At the same time, 31%, or 15.122 thousand accidents occurred in Poland, 19%, or 2.033 thousand accidents in Germany, 7%, or 753 in the Czech Republic, and 4%, or 463 in Italy.

As reported, 1.625 million Green Card contracts were concluded in 2023, which is 0.7% less than in 2022. The amount of payments collected amounted to UAH 5.207 billion (+27.3%).

At the same time, the amount of indemnities paid on claims increased 2.4 times to EUR 46.7 million, while the number of paid claims increased by 96.6% to EUR 15.122 thousand.

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Poland made it easier for Ukrainian drivers

Poland has expanded the use of Ukrainian documents authorizing participation in road traffic. Thus, a driving license issued in Ukraine is considered valid in Poland until December 31, 2023, even if such a license has expired, the Ministry for the reintegration of the temporarily occupied territories of Ukraine reports.
“This became possible after the introduction of amendments to the law “On assistance to citizens of Ukraine in connection with the armed conflict on the territory of this state.” The new norms were adopted in the Republic of Poland on January 13, 2023″, – is indicated in the message of the press service of the Ministry in the telegram channel.
It is also noted that all citizens who have entered the territory of Poland by cars with registration plates of Ukraine and have a certificate of registration of a vehicle, issued in Ukraine, may move freely on the territory of Poland until December 31, 2023 without going to Ukraine.
This applies to all citizens of Ukraine who are legally on the territory of Poland, including those who were on the territory of Poland until February 24, 2022.

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