The number of Green Card international insurance contracts signed by the members of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) in January-July 2018 increased by 6.16% compared to the same period in 2017, to 425,111.
According to the MTIBU, the amount of accrued insurance premiums increased by 24.9%, to UAH 764.4 million.
The amount of insurance claim fee payments for the seven months rose by 0.6%, almost to EUR6.895 million.
The number of paid claims grew by 1.65%, to 2,957.
The MTIBU is the only association of insurers that carry out compulsory insurance of vehicle owners’ civil liability for harm caused to third parties. Its members are 56 insurance companies, including nine full members of the bureau that have the right to sign Green Card contracts.