The National Bank of Ukraine (NBU) is finalising a draft law on the war risk insurance system

The document will help Ukraine attract new investment to develop its economy.

The main benefits for the business community include guarantees to cover direct military losses.

In early 2024, the Financial Stability Board approved the Concept for the Creation of a War Risk Insurance Model in Ukraine. This concept was developed with the participation of experts from the World Bank, the National Bank, the Ministry of Finance and the Ministry of Economy.

The proposed model will involve local insurers, international reinsurers and the state, represented by a specially created state agency. The innovation is designed to meet the need to protect a wide range of assets in different sectors of the economy from direct “war” losses.

The NBU expects the law to be adopted this year, and the Bank will start setting up the system.

One of the most powerful ways to communicate that foreign businesses can and do operate successfully in Ukraine is through the voices that matter most to potential investors – those of other businesses.
We would like to invite you and your company to be featured on UkraineInvest’s web site as a “success story” of a foreign business operating in Ukraine.

Error: Contact form not found.