On September 24, PJSC “National Energy Company ”Ukrenergo” announced a tender for insurance of leased property.
According to the Prozorro electronic government procurement system, the estimated cost of the services is 199,900 UAH.
The deadline for submitting bids is October 12.
PJSC “Ukrtransgaz” (Kyiv) announced a tender on September 21 for liability insurance for company executives.
According to the Prozorro electronic procurement system, the estimated cost of the services is 1.477 million UAH
The deadline for submitting bids is October 8.
“Ukrtransgaz,” which is wholly owned by NAK “Naftogaz of Ukraine,” operates the country’s main gas pipeline system and 12 underground gas storage facilities.
Shareholders of the insurance company “Knyazha Vienna Insurance Group” (“Knyazha VIG,” Kyiv) adopted a resolution at a meeting on September 8, 2026, to increase the authorized capital from 129.964 million UAH to 162.453 million UAH (by 24.998%), through an additional share issuance, the company reported in the NSSMC’s disclosure system.
According to the report, the increase in the authorized capital will be carried out through additional contributions by issuing 2.137 million shares with a par value of 15.2 UAH each, for a total par value of 32.489 million UAH and a market value of 219.622 million UAH.
It is also noted that the increase in the authorized capital will be carried out under a simplified procedure, and the International Finance Corporation (IFC) has the preemptive right to purchase the shares.
The minutes of the general meeting also state that the company’s shareholders who made the decision were Vienna Insurance Group AG Wiener Versicherung Gruppe (90.5612%) and ATBIH GmbH (Austria) (9.4388%).
As previously reported, on June 29, 2026, the National Bank of Ukraine approved the International Finance Corporation (IFC, U.S.) to acquire a significant stake of 19.999% each in PJSC Insurance Company “Ukrainian Insurance Group” (USG) and PJSC Insurance Company “Knyazha Vienna Insurance Group” (both based in Kyiv).
Earlier, in December 2026, the IFC, a member of the World Bank Group, announced that it would acquire stakes in “Knyazha Vienna Insurance Group” and “USG,” both owned by the Vienna Insurance Group (VIG), through a capital increase.
PJSC “Insurance Company ‘Knyazha Vienna Insurance Group’” is part of the Vienna Insurance Group Ukraine financial holding company,
According to NBU data for the first six months of 2026, the company ranks seventh in terms of premiums written among Ukraine’s risk insurance companies (47).
Shareholders of Insurance Company “VUSO” (Kyiv) plan to approve a resolution at a meeting scheduled for October 2 to allocate 20.013 million UAH from the balance of net retained earnings for 2025—totaling 259.7 million UAH—toward dividend payments.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining portion of retained earnings for 2025, amounting to 239.7 million UAH, is planned to remain undistributed.
The meeting agenda states that dividends will be paid at a rate of 0.73 UAH per share. They will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date the relevant resolution is adopted by the general meeting of shareholders.
As previously reported, the shareholders of VUSO Insurance Company, at a meeting on June 29, 2026, adopted a resolution to allocate 20.013 million UAH from the net undistributed profit for 2025 toward dividend payments. Previously, at meetings held from December 4 to 9, 2025, as well as on March 25, 2026, they adopted a resolution to allocate UAH 20.013 million from the confirmed retained earnings for 2024 toward dividend payments.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), as well as a member of the Nuclear Insurance Pool.
The company’s gross premiums for 2025 totaled 5.136 billion UAH, which is 48.36% more than in 2024; net premiums grew by 47.92% to 4.593 billion UAH, and net earned premiums increased by 48.74% to 4.071 billion UAH. Individuals accounted for 60.56% of gross premiums, while reinsurers accounted for 0.84%.
In 2025, VUSO Insurance Company paid out UAH 1.791 billion to its clients, which is 26.64% higher than the volume of insurance payments and reimbursements for 2024; the payout ratio decreased by 5.98 percentage points to 34.87%.
As of January 1, 2026, the insurer’s assets grew by 63.43% to 3.133 billion UAH, equity increased by 32.49% to 1.001 billion UAH, and liabilities rose by 83.57%, to 2.132 billion UAH, and cash and cash equivalents by 59.50%, to 1.210 billion UAH.
Miroslav Bojchin, Chairman of the Board of PJSC “European Travel Insurance,” was named the winner in the “Insurance Market Leader of the Year” category as part of the 30th anniversary nationwide “Person of the Year 2025” program.
Boychin has been working in the international insurance business for over 20 years. He holds three advanced degrees, including in foreign languages, finance, and management. He began his professional career in government agencies and has worked in the insurance industry since 1996.
Since 2005, Boychin has worked for the international insurance groups Generali, Munich Re, and EIG. In 2006, he became the head of “European Travel Insurance,” which specializes in travel insurance. Since 2021, he has also served as chairman of the supervisory board of the insurance company “Euroins Ukraine.”
Under Boychin’s leadership, “European Travel Insurance” has strengthened its position in the Ukrainian travel insurance market and expanded its customer base. According to the company, the number of its insured customers exceeded 1 million in 2025.
The company specializes in insurance for travelers going abroad, medical and travel insurance, as well as travel-related insurance products. “European Travel Insurance” is a member of ITIA, an international group of specialized travel insurers that brings together companies from several countries.
The company notes that in recent years, one of its key priorities has been adapting its insurance products to changes in the travel patterns of Ukrainians, growing demand for medical care abroad, and new risks associated with martial law.
In addition to its insurance activities, “European Travel Insurance” participates in social and charitable initiatives, including providing funds to support Ukrainian military personnel.
The nationwide “Person of the Year” program has been held in Ukraine since the 1990s and annually honors representatives from business, government, culture, sports, and other fields. In 2025, the program was held for the 30th time.
Open4business is the program’s information partner.
On September 10, the National Bank of Ukraine (NBU) announced its intention to enter into a contract with insurance company “VUSO” (Kyiv) for employee health insurance, according to the Prozorro electronic procurement system.
With an expected cost of the service at 144.389 million UAH, the company’s bid amounted to 129.174 million UAH.
Insurance Company “Kraina” also participated in the tender—its bid was 2 UAH lower, but it was rejected.
Other participants in the tender included Insurance Company “Universalna” (UAH 129.826 million), “Arsenal Insurance” (UAH 144.159 million), and “INGO” (UAH 144.252 million).
As previously reported, on August 11, 2025, the NBU awarded the contract for employee health insurance to VUSO Insurance Company; on June 4, 2024, Universala Insurance Company was the winner of the tender.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Claims Settlement Agreement, and a member of the Nuclear Insurance Pool.
According to the NBU, the company ranked third in premiums written among Ukraine’s non-life insurers as of the end of 2025.
