Business news from Ukraine

NUMBER OF GREEN CARD INSURANCE CONTRACTS IN UKRAINE UP BY 50%

3 July , 2019  

The number of Green Card international insurance contracts signed by the companies that are members of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) increased by 50.3% in January-May 2019 compared with January-May 2018, to 299,531.
According to the MTIBU’s website, the amount of accrued insurance premiums for this period rose by 39.06% compared to the same period last year, to UAH 737.1 million.
At the same time, the amount of compensation paid under the claims grew by 0.44%, to EUR 4.779 million.
The number of settled claims fell by 1.04%, to 2,098.

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