Resilience and Adaptability: The Ukrainian Insurance Market
Update: 2024-09-18
Description
The conversation discusses the state of cargo insurance in war-torn regions, with a focus on Ukraine. The insurance market in Ukraine is still functioning, although it has been greatly impacted by the war. The local market is expanding to cover military risks, including the transportation of military goods. The coverage for war risks is provided by leading companies in Ukraine, and the coverage can be provided up to half a million euros. The availability of insurance coverage depends on the region, with closer proximity to the conflict regions making it more difficult to obtain insurance. Despite the challenges, the Ukrainian insurance market has shown resilience and adaptability.
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