Non-admitted Insurance is not Permitted in the Ukrainian Insurance Industry

Date: 2015-09-10

“• The State Commission for the Regulation of Financial Services is responsible for regulation and supervision of the Ukrainian insurance industry.

• FDI is permitted up to 100% in insurance business.

• Motor third-party and expatriate health insurance are key classes of compulsory insurance.

• Composite insurance is not permitted. 

• Non-admitted insurance is not permitted in the Ukrainian insurance industry.”

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