Association of Ukrainian Insurers
The Association of Ukrainian Insurers is a professional body representing the country's insurance market. Founded in 1990, it brings together insurance companies and engages with regulators on industry policy. The association has been involved in discussions around wartime risk insurance mechanisms and cooperation with international partners.
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Ukraine plans $2–3 billion war-risk insurance fund for businesses, partly funded by VAT hike
Ukraine's Minister of Economy Oleksandr Kravchenko announced plans for a $2–3 billion insurance fund to compensate businesses for losses from Russian attacks, with payouts targeted to begin on January 1, 2027. The government proposes funding part of the fund by raising VAT from 20% to 21%, a politically sensitive move that has not yet been finalized.