Business news from Ukraine

Business news from Ukraine

KD Life Insurance Company to Pay UAH 3.17 Mln in Dividends for 2025

The general meeting of shareholders of KD Life Insurance Company (KD Life) on April 29, 2026, approved the payment of dividends for 2025 in the amount of UAH 3.171 million, the company reported in the NSSMC’s disclosure system.

As noted, the payment will be made at a rate of UAH 88.054 per share. It will be carried out within six months of the date of this decision.

According to the National Bank of Ukraine (NBU), KD Life collected UAH 81.03 million in insurance premiums in 2025, made UAH 14.4 million in payouts, and reported a net profit of UAH 3.338 million.

KD Life is a Ukrainian company founded in 2007 by the KD Group holding company.

The KD Group holding company is a leader in the Eastern European financial market, with nearly 130 years of experience in life and risk insurance, financial management, and investment funds. Currently, the company’s services are provided by over 3,000 consultants throughout Ukraine.

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“Motor Sich” Cancels Insurance Tender Due to Lack of Bids

On April 18, Motor Sich JSC (Zaporizhzhia) canceled a tender for voluntary liability insurance for members of the supervisory board due to a lack of bids. According to the Prozorro e-procurement system, the tender was announced on April 8, with the expected cost of the services amounting to UAH 1.8 million.
Motor Sich is a leading Ukrainian enterprise that designs, manufactures, and repairs aircraft engines for airplanes and helicopters, as well as gas turbine units. It is a strategic engineering facility. In 2022, the company came under state control following a seizure of shares related to an attempted sale to Chinese investors.

 

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Guardian Insurance Company will insure Ukrgazvydobuvannya’s risks during development of oil and gas fields

On April 20, PJSC Ukrgazvydobuvannya (Kyiv) announced its intention to enter into an agreement with Guardian Insurance Company for risk insurance services related to the commercial development of oil and gas fields. According to the Prozorro electronic public procurement system, the expected cost of the services was 548,800 UAH, and the company’s bid was 501,499 UAH.

The insurance company “VUSO” also participated in the tender with a bid that was 1 hryvnia higher.

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Vinnytsia Transport Company is seeking insurer for carrier liability insurance

On April 16, the municipal enterprise “Vinnytsia Transport Company” announced a tender for the procurement of liability insurance services for carriers covering harm caused to the life and health of passengers and damage to luggage during transportation by road (with more than 18 passengers) and on urban electric transport.
According to a notice on the Prozorro e-procurement system, the estimated cost of the services is 3.109 million UAH.
The deadline for submitting bids is April 24.

 

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Ukrenergo has selected Ultra Alliance Insurance Company to insure risks of Lviv Insulator Company LLC

On April 7, PJSC National Energy Company (NEC) Ukrenergo announced its intention to conclude contracts with Ultra Alliance Insurance Company for property insurance of Lviv Insulator Company LLC (Lot 1) and third-party liability insurance (Lot 2).
According to the Prozorro electronic public procurement system, the estimated cost of services in Lot 1 was UAH 514,200, while the company’s bid was UAH 366,400. Also participating in this lot were Transmagistral Insurance Company—430,100 UAH—and VUSO Insurance Company—513,600 UAH.
The bid for Lot 2 was 321,400 UAH; the bids from IC “Ultra Alliance” were 147,800 UAH, IC “Transmagistral” – 245,100 UAH, and IC “VUSO” – 319,300 UAH.

 

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Guardian Insurance Company to Insure Financial Risks for Security Police Department in Chernivtsi Oblast

On April 9, the Security Police Department in Chernivtsi Oblast announced its intention to enter into a voluntary insurance contract with Guardian Insurance Company (Kyiv) to cover financial risks associated with security contracts.
According to a notice in the Prozorro electronic public procurement system, the price proposal from the sole bidder—Guardian Insurance Company—was 600,000 UAH, compared to the expected cost of 630,000 UAH.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has held full membership status in the Motor Transport Insurance Bureau of Ukraine (MTIBU) and is authorized to issue “Green Card” policies.

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