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Insurance market in Ukraine New regulation: what to expect

19/ 01/ 2022
  In line with the best international and European practices, the National Bank of Ukraine initiated a new Law on Insurance, which was adopted and took effect in late 2021.  The Law replaces the current outdated insurance regulation, while providing new and more comprehensive legislation, with certain aspects to be regulated in the future. Please refer to the infographics below for details about the new regulation, requirements and other novelties introduced by the new laws. Download infographics in English Download infographics in Ukrainian For more information, please contact: Illya Muchnyk Counsel Kinstellar Anna Kalinichenko Senior Associate Kinstellar

In line with the best international and European practices, the National Bank of Ukraine initiated a new Law on Insurance, which was adopted and took effect in late 2021. 

The Law replaces the current outdated insurance regulation, while providing new and more comprehensive legislation, with certain aspects to be regulated in the future.

Please refer to the infographics below for details about the new regulation, requirements and other novelties introduced by the new laws.

Download infographics in English

Download infographics in Ukrainian

For more information, please contact:

Illya Muchnyk
Counsel Kinstellar

Anna Kalinichenko
Senior Associate Kinstellar

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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