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Vasil Kisil & Partners Successfully Represented UNIQA Ukraine in an Insurance Dispute Worth More Than UAH 10 Billion

11/ 11/ 2026
  Vasil Kisil & Partners Law Firm successfully represented UNIQA Ukraine Insurance Company in a dispute involving more than UAH 10 bln. The insured parties (two companies being members of the same group) notified in 2023 of the occurrence of an insured event, having lost their property located within the temporarily occupied territory. One of the key issues in these disputes was about how to interpret the “loss of property” under the terms and conditions of the insurance agreements and to apply insurance cover exclusions and restrictions. Members of the Lloyd’s market in London also joined the litigations as reinsurers. Attorneys of Vasil Kisil & Partners acted jointly with lawyers from UNIQA Ukraine and Sayenko Kharenko Law Firm, who represented the reinsurers, to present their case that the insured failed to prove that an insured event actually occurred under the agreements. The courts accepted their arguments and dismissed the claims.  In September 2026, the Supreme Court upheld the rulings issued by the inferior courts in favor of UNIQA Ukraine. These cases are the first ones of major insurance disputes involving the insurance against war risks and “wartime” interpretation of terms and conditions of property insurance agreements. The case law shaped and modeled with the participation of Vasil Kisil & Partners will have a bearing on the further development of the insurance market. The team representing UNIQA Ukraine in court was led by Oleg Kachmar, Partner, and Bohdan Shabarovskyi, Senior Associate. * * * For more details, please contact Tetiana Makarenko, Marketing Manager Tel.: +380 67 238 95 86 E-mail: [email protected] About the Firm Established in 1992, Vasil Kisil and Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, corporate and mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, public advocacy, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law. Vasil Kisil and Partners is a member and exclusively represents Ukraine in such international professional associations as TerraLex (23 000 attorneys from 135 countries), Ius Laboris (1500 labor and employment lawyers in 56 countries). Andriy Stelmashchuk is a managing partner of Vasil Kisil and Partners law firm.

Vasil Kisil & Partners Law Firm successfully represented UNIQA Ukraine Insurance Company in a dispute involving more than UAH 10 bln.

The insured parties (two companies being members of the same group) notified in 2023 of the occurrence of an insured event, having lost their property located within the temporarily occupied territory. One of the key issues in these disputes was about how to interpret the “loss of property” under the terms and conditions of the insurance agreements and to apply insurance cover exclusions and restrictions. Members of the Lloyd’s market in London also joined the litigations as reinsurers.

Attorneys of Vasil Kisil & Partners acted jointly with lawyers from UNIQA Ukraine and Sayenko Kharenko Law Firm, who represented the reinsurers, to present their case that the insured failed to prove that an insured event actually occurred under the agreements. The courts accepted their arguments and dismissed the claims. 

In September 2026, the Supreme Court upheld the rulings issued by the inferior courts in favor of UNIQA Ukraine.

These cases are the first ones of major insurance disputes involving the insurance against war risks and “wartime” interpretation of terms and conditions of property insurance agreements. The case law shaped and modeled with the participation of Vasil Kisil & Partners will have a bearing on the further development of the insurance market.

The team representing UNIQA Ukraine in court was led by Oleg Kachmar, Partner, and Bohdan Shabarovskyi, Senior Associate.

* * *

For more details, please contact Tetiana Makarenko, Marketing Manager

Tel.: +380 67 238 95 86 E-mail: [email protected]

About the Firm

Established in 1992, Vasil Kisil and Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, corporate and mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, public advocacy, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law. Vasil Kisil and Partners is a member and exclusively represents Ukraine in such international professional associations as TerraLex (23 000 attorneys from 135 countries), Ius Laboris (1500 labor and employment lawyers in 56 countries). Andriy Stelmashchuk is a managing partner of Vasil Kisil and Partners law firm.

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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