Business news from Ukraine

EUROPEAN TRAVEL INSURANCE RAISES NUMBER OF INSURED TOURISTS BY 32.5% IN NINE MONTHS

European Travel Insurance (ERV, Kyiv) in January-September 2018 increased the number of insured tourists by 32.5% compared to the same period in 2017, to 903,000 tourists.
According to the website of the insurer, the total amount of premiums collected during this period in 2018 increased by almost 41% compared to the same period in 2017 and amounted to UAH 169 million, while in the nine months of 2017 the company collected premiums in the amount of UAH 119 million.
The number of insurance events with tourists rose by 34% compared with 2017. In just nine months of 2018, the company registered 11,886 insurance claims. Of these, 85 cases occurred in Ukraine, for a total of UAH 66.258 million, while in 2017 for UAH 45.6 million.
More than half of claims about insurance events came to the company from Turkey and Egypt (61%). Statements about insurance events with tourists in Ukraine came mainly from Ivano-Frankivsk region, from Odesa, Mykolaiv, and Kherson.
The company retained the name European Travel Insurance and remained part of ETIG International Travel Insurance Group. The board and the whole team remained to work. The company continues cooperation with the assisting company of ERGO Group, Euro-Center Holding.
ERV Ukraine is still a specialized travel insurance company in Ukraine. The company hopes that in 2018, for the first time in 12 years of its work in the insurance market of Ukraine, it will insure more than one million tourists.

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MINISTRY OF FOREIGN AFFAIRS RECOMMENDES NOT TO TRAVEL TO ZAMBIA DUE TO CHOLERA

The Ministry of Foreign Affairs of Ukraine (MFA) has recommended that Ukrainians refrain from traveling to Zambia due to the outbreak of cholera in the capital until the epidemiological situation returns normal, the ministry’s consular service has said. “The diplomatic office recommended that those compatriots who are already in Zambia exercise special caution and adhere to the recommendations of local authorities, medical and other competent services, as well as monitor the latest news,” the report says.
According to the ministry, an epidemic of cholera broke out in Zambia, in particular in the capital city of Lusaka, and especially in the Kanyama area.
The report also notes that in case of symptoms of the disease or other circumstances that require immediate consular response, Ukrainians are advised to apply to Ukraine’s Embassy in the South African Republic.

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UKRAINIANS TO TRAVEL WITHOUT VISAS TO PERU, URUGUAY, COLOMBIA AND MEXICO SOON

Ukraine can conclude agreements on the abolition of visas with four Latin American countries in the near future, the Ministry of Foreign Affairs of Ukraine has said.
“We are working to ensure that the geography of visa-free travel is extended for Ukrainians. Today, citizens of Ukraine can travel without visas to 85 countries of the world,” head of the Consular and Legal Affairs Department, Deputy Head of the Consular Service Department of the Ukrainian Foreign Ministry, Serhiy Miniaylo said at the round table talk titled “Ukraine’s European Choice after the Revolution of Dignity: Opportunities and Problems” in Kyiv on Friday.
The representative of the Ministry of Foreign Affairs recalled that not long ago agreements were reached with the UAE and Qatar on simplifying the visa regime.
Minayylo said that there are prospects for concluding agreements on the abolition of visa obligations with Peru, Uruguay, Colombia and Mexico.
“The possibility of drawing up agreements on the abolition of the visa regime in the near future was discussed with the four countries of the region of [Latin America] in detail. These are Uruguay, Peru, and Colombia. There were substantive discussions in Mexico,” he explained.

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