The Ministry of Agrarian Policy and Food of Ukraine, in collaboration with insurance companies, the agribusiness sector, and relevant government agencies, is developing additional mechanisms for insurance protection of port logistics and agricultural products against military risks, the ministry’s press service reported.
Taras Vysotsky, Minister of Agrarian Policy and Food of Ukraine, noted that the extent of damage to port infrastructure, logistics facilities, and agricultural products resulting from the recent massive attacks requires further improvement of existing support mechanisms.
“Maritime exports are critical for Ukraine’s agricultural sector and economy. Amid intensifying Russian attacks, businesses must have clear and accessible protection tools,” the minister’s press service quoted him as saying.
Meeting participants paid particular attention to state mechanisms for supporting businesses in the area of military risk insurance, which are implemented by the Export-Credit Agency of Ukraine.
Currently, companies can take advantage of two instruments. The first is partial compensation for the cost of property damaged or destroyed as a result of armed aggression by the Russian Federation. The maximum compensation amount is up to 30 million hryvnias for companies operating in 10 high-risk regions.
The second instrument is compensation for insurance premiums under military risk insurance policies. The state compensates for the portion of the insurance cost exceeding 1% of the insurance rate, up to 3 million UAH, which allows businesses to significantly reduce the cost of insuring their production assets.
The Ministry of Agrarian Policy noted that the stable operation of the Ukrainian Maritime Corridor is critically important for the agricultural sector, as it ensures the export of products, foreign currency inflows to the budget, and supports global food security. Since the corridor opened in August 2023, 209 million metric tons of cargo have been exported through Ukrainian ports, of which 123 million metric tons were grain products.
Agricultural exports, INSURANCE, MINISTRY OF AGRARIAN POLICY, of which 123 million metric tons were grain products., PORT, PORTS, ЭКА
In June 2026, the Export Credit Agency (ECA) supported Ukrainian companies’ exports worth 114 million hryvnia.
According to the agency’s website, the largest volume of supported exports came from companies in the Sumy region—53.46 million UAH—and the Chernihiv region—44.87 million UAH. The Kyiv, Lviv, and Odesa regions were also among the most active.
Ukrainian goods insured by the ECA in June will be exported to Uzbekistan, India, Moldova, Australia, Latvia, Germany, and Georgia.
The largest share of supported exports in June was accounted for by products from the oil and fat industry—53.46 million UAH—followed by shipments of wallpaper, radiators, and central heating boilers; products from the distillation and blending of alcoholic beverages; and fruit and vegetable juices—1.11 million UAH.
The Export Credit Agency of Ukraine (ECA) is a state institution that supports non-commodity exports by insuring the risks of enterprises and banks. The agency insures foreign economic contracts, export credits, bank guarantees, and investment credits against war risks.
In June 2026, “Express Insurance” paid out 64.2 million UAH in insurance claims, which is 56.3% more than during the same period in 2025, according to the company’s website.
Under comprehensive auto insurance (CASCO) policies, customers were reimbursed 48.5 million UAH, which is 50.7% higher than in June 2025. At the same time, the number of settled insurance claims under CASCO policies decreased by 13.7%.
The company notes that in June it observed a trend toward a significant increase in the average insurance payout, reflecting the continued rise in the cost of vehicle repairs. Specifically, the average cost of settling a single insurance claim under CASCO policies rose by 74.6% compared to June of last year.
Payouts under MTPL policies showed significant growth: in June 2026, they totaled 15.2 million UAH—78.6% more than during the same period last year.
Unlike CASCO, the growth in payouts in this segment was driven by a 16.7% increase in the number of settled claims, as well as a higher average cost of compensation paid to victims (+53.1%).
For other types of insurance, clients received 546.2 thousand UAH in payouts, which is 34.1% more than in June of last year.
Express Insurance was founded in 2008. It is part of the UkrAVTO group of companies. It specializes in auto insurance.
The company has over 300 insurance agents throughout Ukraine and is actively expanding its network of partner auto service centers.
On June 26, Sens Bank JSC announced its intention to enter into a voluntary medical insurance contract with Arsenal Insurance Company for 3,800 employees, according to the Prozorro electronic procurement system.
It is noted that Arsenal Insurance’s bid amounted to 34.175 million UAH, while the expected cost of services was 44.893 million UAH.
Other insurance companies participating in the tender include VUSO (33.506 million UAH), Kraina (37.878 million UAH), and TAS Insurance Group (44.312 million UAH).
As previously reported, “Arsenal Insurance” was the winner of a similar tender in 2024.
The private insurance market collected nearly 1 billion UAH in premiums for products covering war risks in January–March 2026, said Serhiy Nikolaychuk, First Deputy Governor of the National Bank of Ukraine (NBU), at a press briefing on Monday dedicated to the presentation of the Financial Stability Report.
He emphasized that most of these premiums were for comprehensive auto insurance (CASCO), but there are also offerings for businesses, and the government has already launched a mechanism to compensate for losses in high-risk areas and to reimburse insurance premiums in other areas.
As noted in the Report, citing data from the National Association of Insurers of Ukraine, in the first quarter of 2026, premiums collected under risk insurance policies covering war risks accounted for 11% of all risk insurance premiums collected, exceeding the total for the entire previous year.
“Previously, we talked a lot about how to create a war risk insurance system almost from scratch. Now, in fact, we are talking about scaling up existing areas and projects, and in this report—and in general—we are highlighting that the range of war insurance products is constantly expanding,” explained the first chairman of the NBU.
According to him, the NBU sees significant potential in the further development of and increased cooperation with international reinsurers, as well as with international financial institutions operating in this market.
TAS Insurance Group once again became the leader of Ukraine’s insurance market in terms of premiums collected in January–May 2026, with a figure of 3.154 billion UAH (compared to 2.736 billion UAH for January–May 2025), according to data from the “PRIMA” information exchange project of the National Association of Insurers of Ukraine (NASU).
Compared to the same period a year earlier, ARKS Insurance Company retained second place among the market’s top five leaders with 2.546 billion UAH (2.254 billion UAH), with third and fourth places taken by ING Insurance Company—2.469 billion UAH (1.895 billion UAH) and Unica Insurance Company—2.434 billion UAH (1.977 billion UAH), which swapped positions. Meanwhile, VUSO Insurance Company dropped out of the top five, giving way to Arsenal Insurance Company with 2.391 млрд грн.
The top five companies in the mandatory motor vehicle liability insurance market, based on premiums written over the first five months of this year, included TAS Insurance Group—1.715 billion UAH (last year’s figure: 1.424 billion UAH), “Oranta”—1.308 billion UAH (1.272 billion UAH), “Knyazha VIG”—967.7 million UAH (926.5 million UAH), “Arsenal Insurance”—654.7 million UAH (previously not among the top 5 in compulsory motor third-party liability insurance), “INGO” – 510.1 million UAH (438.7 million UAH). Insurance Company ‘VUSO’ dropped out of the top 5 for MTPL.
There were minor shifts among the leaders in the “Green Card” market in terms of premiums collected during the specified period. It is led by PZU Ukraine Insurance Company – 527.4 million UAH (239.6 million UAH), which previously held third place, edging out TAS Insurance Group – 419.1 million UAH (529.5 million UAH), “USG”—278.7 million UAH (445 million UAH), which dropped from second to third place.
Insurance Company “Knyazha VIG,” with 156 million UAH (150.5 million UAH), remains in fourth place, while “VUSO” – 107.3 million UAH – has replaced Insurance Company “INGO.”
The ranking of Ukraine’s top 5 insurers for the first five months of 2026 was led by Insurance Company “Arsenal Insurance” with 1.233 billion UAH (949.2 million UAH for the first five months of 2025), swapping places with ARKS Insurance Company—1.224 billion UAH (1.074 billion UAH). Next are “Unica” Insurance Company—627.2 billion UAH (474.1 billion UAH), “VUSO” Insurance Company—617 million UAH (497.3 million UAH), which also swapped places, and “Universal” Insurance Company—557.2 million UAH (446.9 million UAH).
In the voluntary medical insurance (VMI) segment, as before, SK “UNIKA” leads with 1.017 billion UAH (934.9 million UAH), followed by SK “INGO” with 623 million UAH (465.3 million UAH), Insurance Company “Universal” – 507.6 million UAH (390 million UAH), Insurance Company “VUSO” – 492.3 million UAH (342.7 million UAH), and Insurance Company “ARKS” – 310.8 million UAH (278.8 million UAH), which have switched places.
As previously reported, as of May 1, 2026, there were 47 property and casualty insurers operating in the Ukrainian insurance market (52 as of the end of the first five months of 2025). Ten specialize in life insurance, and one has special status (“Export-Credit Agency”).
