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The Insurance Industry in Ukraine, Key Trends and Opportunities to 2020

The Insurance Industry in Ukraine, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'The Insurance Industry in Ukraine, Key Trends and Opportunities to 2020' report provides detailed analysis of Ukrainian insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also gives a comprehensive overview of Ukrainian economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes the impact of natural and man-made hazards on the insurance industry.

Summary

Timetric’s The Insurance Industry in Ukraine, Key Trends and Opportunities to 2020 report provides in-depth market analysis, information and insights into Ukrainian insurance industry, including:

  • An overview of Ukrainian insurance industry.
  • The Ukrainian insurance industry's growth prospects by segment and category.
  • A comprehensive overview of Ukrainian economy and demographics.
  • The detailed competitive landscape in the Ukrainian insurance industry.
  • Overview of distribution channels in the Ukrainian insurance industry.
  • Details of regulatory policy applicable to the Ukrainian insurance industry.
  • An analysis of natural hazards and its impact on the Ukrainian insurance industry.
  • Scope

    This report provides a comprehensive analysis of the insurance industry in Ukraine:
    • It provides historical values for Ukrainian insurance industry for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
    • It offers a detailed analysis of the key segments in Ukrainian insurance industry, with market forecasts to 2020.
    • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
    • It profiles the top insurance companies in Ukraine, and highlights their recent developments.
    • It covers the economy and demographics structure of Ukraine.
    • It analyzes the impact of natural hazards in Ukrainian insurance industry.
    Reasons To Buy

    Make strategic business decisions using in-depth historic and forecast market data related to Ukrainian insurance industry and each segment and category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities.
  • Assess the industry’s competitive dynamics.
  • Identify growth opportunities and market dynamics across key segments.
  • Gain critical insights into key regulations governing the industry and their impact on insurers.
  • Key Highlights
    • Despite a difficult operating environment, the life segment registered a double-digit premium growth during the review period.
    • Most customers trusted larger insurance companies during the review period, due to their sound technical and financial capabilities.
    • The Ukrainian government has worked closely with the International Finance Corporation to promote agriculture insurance in the country.
    • Health insurance accounted for 81.8% of the personal accident and health gross written premium in 2015.
    • As internet and mobile penetration is increasing steadily due to diminishing costs and ease of accessibility, a greater number of insurers are expected to sell insurance products via online platforms.


    • Key Facts and Highlights
      • Table Ukrainian Insurance Industry - Key Facts, 2015
      • Table Ukrainian Insurance Industry - Key Insurers, 2015
    • Executive Summary
    • Economy and Demographics
      • Table Ukrainian Government Credit Ratings
    • Industry Outlook
      • Regional Comparison
      • Industry Indicators
        • Gross written premium
          • Table Ukrainian Insurance Industry - Gross Written Premium by Segment (UAH Billion), 2011-2015
          • Table Ukrainian Insurance Industry - Gross Written Premium by Segment (UAH Billion), 2015-2020
          • Table Ukrainian Insurance Industry - Density by Segment (UAH), 2011-2015
          • Table Ukrainian Insurance Industry - Density by Segment (UAH), 2015-2020
        • Claims
          • Table Ukrainian Insurance Industry - Paid Claims by Segment (UAH Billion), 2011-2015
          • Table Ukrainian Insurance Industry - Paid Claims by Segment (UAH Billion), 2015-2020
        • Assets and investments
          • Table Ukrainian Insurance Industry - Total Assets by Segment (UAH Billion), 2011-2015
          • Table Ukrainian Insurance Industry - Total Assets by Segment (UAH Billion), 2015-2020
          • Table Ukrainian Insurance Industry - Life Insurance Investment Portfolio (UAH Billion), 2011-2015
          • Table Ukrainian Insurance Industry - Life Insurance Investment Portfolio (UAH Billion), 2015-2020
          • Table Ukrainian Insurance Industry - Non-Life Insurance Investment Portfolio (UAH Billion), 2011-2015
          • Table Ukrainian Insurance Industry - Non-Life Insurance Investment Portfolio (UAH Billion), 2015-2020
          • Table Ukrainian Insurance Industry - Personal Accident and Health Insurance Investment Portfolio (UAH Billion), 2011-2015
          • Table Ukrainian Insurance Industry - Personal Accident and Health Insurance Investment Portfolio (UAH Billion), 2015-2020
    • Life Insurance Outlook
      • Table Ukrainian Life Insurance - Gross Written Premium (UAH Billion and US$ million), 2011-2015
      • Table Ukrainian Life Insurance - Gross Written Premium (UAH Billion and US$ Million), 2015-2020
    • Non-Life Insurance Outlook
      • Table Ukrainian Motor Insurance - Premium Charged for Green Card Insurers Going Abroad
      • Property Insurance
        • Gross written premium
          • Table Ukrainian Property Insurance - Gross Written Premium (UAH Billion and US$ Billion), 2011-2015
          • Table Ukrainian Property Insurance - Gross Written Premium (UAH Billion and US$ Million), 2015-2020
        • Penetration
        • Claims
          • Table Ukrainian Property Insurance - Paid Claims (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Property Insurance - Paid Claims (UAH Billion and US$ Million), 2015-2020
        • Profitability
          • Table Ukrainian Property Insurance - Loss Ratio (%), 2011-2015
          • Table Ukrainian Property Insurance - Loss Ratio (%), 2015-2020
      • Motor Insurance
        • Gross written premium
          • Table Ukrainian Motor Insurance - Gross Written Premium (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Motor Insurance - Gross Written Premium (UAH Billion and US$ Million), 2015-2020
        • Penetration
        • Claims
          • Table Ukrainian Motor Insurance - Paid Claims (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Motor Insurance - Paid Claims (UAH Billion and US$ Million), 2015-2020
        • Profitability
          • Table Ukrainian Motor Insurance - Loss Ratio (%), 2011-2015
          • Table Ukrainian Motor Insurance - Loss Ratio (%), 2015-2020
      • Liability Insurance
        • Gross written premium
          • Table Ukrainian Liability Insurance - Gross Written Premium (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Liability Insurance - Gross Written Premium (UAH Billion and US$ Million), 2015-2020
        • Penetration
        • Claims
          • Table Ukrainian Liability Insurance - Paid Claims (UAH Million and US$ Million), 2011-2015
          • Table Ukrainian Liability Insurance - Paid Claims (UAH Million and US$ Million), 2015-2020
        • Profitability
          • Table Ukrainian Liability Insurance - Loss Ratio (%), 2011-2015
          • Table Ukrainian Liability Insurance - Loss Ratio (%), 2015-2020
      • Marine, Aviation and Transit Insurance
        • Gross written premium
          • Table Ukrainian Marine, Aviation and Transit Insurance - Gross Written Premium (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Marine, Aviation and Transit Insurance - Gross Written Premium (UAH Billion and US$ Billion), 2015-2020
        • Penetration
        • Claims
          • Table Ukrainian Marine, Aviation and Transit Insurance - Paid Claims (UAH Million and US$ Million), 2011-2015
          • Table Ukrainian Marine, Aviation and Transit Insurance - Paid Claims (UAH Million and US$ Million), 2015-2020
        • Profitability
          • Table Ukrainian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
          • Table Ukrainian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
    • Personal Accident and Health Insurance Outlook
      • Personal Accident Insurance
        • Gross written premium
          • Table Ukrainian Personal Accident Insurance - Gross Written Premium (UAH Million and US$ Million), 2011-2015
          • Table Ukrainian Personal Accident Insurance - Gross Written Premium (UAH Million and US$ Million), 2015-2020
        • Penetration
        • Claims
          • Table Ukrainian Personal Accident Insurance - Paid Claims (UAH Million and US$ Million), 2011-2015
          • Table Ukrainian Personal Accident Insurance - Paid Claims (UAH Million and US$ Million), 2015-2020
        • Profitability
          • Table Ukrainian Personal Accident Insurance - Loss Ratio (%), 2011-2015
          • Table Ukrainian Personal Accident Insurance - Loss Ratio (%), 2015-2020
      • Health Insurance
        • Gross written premium
          • Table Ukrainian Health Insurance - Gross Written Premium (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Health Insurance - Gross Written Premium (UAH Billion and US$ Million), 2015-2020
        • Penetration
        • Claims
          • Table Ukrainian Health Insurance - Paid Claims (UAH Billion and US$ Million), 2011-2015
          • Table Ukrainian Health Insurance - Paid Claims (UAH Billion and US$ Million), 2015-2020
        • Profitability
          • Table Ukrainian Health Insurance - Loss Ratio (%), 2011-2015
          • Table Ukrainian Health Insurance - Loss Ratio (%), 2015-2020
    • Reinsurance Outlook
      • Premium Ceded
        • Table Ukrainian Reinsurance - Premium Ceded by Insurance Segment (UAH Billion), 2011-2015
        • Table Ukrainian Reinsurance - Premium Ceded by Insurance Segment (UAH Billion), 2015-2020
    • Distribution Channel Outlook
    • Natural Hazards
      • Table Ukrainian Annual Loss by Hazard
      • Floods and Storms
        • Table Ukrainian Flood and Storm Incidents - Number of Deaths and Number of People Affected, 2005-2015
      • Extreme Temperature
        • Table Ukrainian Cold Wave Incidents - Number of Deaths and Number of People Affected, 2005-2015
      • Drought
      • Exposure
    • Competitive Landscape
      • Table Ukrainian Insurance Industry - Key Insurers, 2015
      • Company Profiles
        • Uniqa Ukraine - company overview
          • Table Uniqa Ukraine - Key Facts
        • Ukrainian Insurance Group PJSC - company overview
          • Table Ukrainian Insurance Group PJSC - Key Facts
        • Oranta National JSC - company overview
          • Table Oranta National JSC - Key Facts
        • Providna - company overview
          • Table Providna - Key Facts
        • PZU Ukraine Insurance Company - company overview
          • Table PZU Ukraine Insurance Company - Key Facts
    • Governance, Risk and Compliance
      • Table Ukraine - Insurance Regulatory Framework Key Features
      • Legislation Overview and Historical Evolution
      • Latest Changes in Regulation
      • Legislation and Market Practice by Type of Insurance
        • Life insurance
          • Table Ukraine - Life Insurance Regulatory Framework
        • Property insurance
          • Table Ukraine - Property Insurance Regulatory Framework
        • Motor insurance
          • Table Ukraine - Motor Insurance Regulatory Framework
        • Liability insurance
          • Table Ukraine - Liability Insurance Regulatory Framework
        • Marine, aviation and transit insurance
        • Personal accident and health insurance
      • Compulsory Insurance
        • Motor third-party civil liability insurance
        • Workers' compensation
        • State pension insurance
        • Expatriate health insurance
        • Liability insurance for business entities for damage caused by fire and high-risk accidents
      • Supervision and Control
        • International Association of Insurance Supervisors
        • State Commission for Regulation of Financial Services
      • Non-Admitted Insurance Regulation
        • Overview
        • Intermediaries
        • Market practices
        • Fines and Penalties
      • Company Registration and Operations
        • Type of insurance organization
        • Establishing a local company
        • Foreign ownership
        • Types of license
        • Capital requirements
        • Solvency margin
        • Reserve requirements
        • Investment regulations
        • Statutory return requirements
        • Fee structure
      • Taxation
        • Insurance premium or policy taxation
        • Withholding taxes on premium paid overseas
        • Corporate tax
          • Table Ukraine - Corporate Tax Rates for the Financial Year 2016
        • VAT
        • Captives
      • Legal System
        • Introduction
        • Access to court
        • Alternative dispute resolution (ADR)
    • Databook
      • Life Insurance
        • Policies and premium
          • Table Ukrainian Life Insurance - Policies and Premium, 2011-2015
          • Table Ukrainian Life Insurance - Policies and Premium, 2015-2020
        • Claims and expenses
          • Table Ukrainian Life Insurance - Claims and Expenses, 2011-2015
          • Table Ukrainian Life Insurance - Claims and Expenses, 2015-2020
        • Assets and investments
          • Table Ukrainian Life Insurance - Assets and Investments, 2011-2015
          • Table Ukrainian Life Insurance - Assets and Investments, 2015-2020
        • Individual life insurance
          • Table Ukrainian Life Insurance - Individual Life Insurance, 2011-2015
          • Table Ukrainian Life Insurance - Individual Life Insurance, 2015-2020
        • Individual life insurance by product
          • Table Ukrainian Life Insurance - Individual Life Insurance by Product, 2011-2015
          • Table Ukrainian Life Insurance - Individual Life Insurance by Product, 2015-2020
      • Non-Life Insurance
        • Policies and premium
          • Table Ukrainian Non-Life Insurance - Policies and Premium, 2011-2015
          • Table Ukrainian Non-Life Insurance - Policies and Premium, 2015-2020
        • Claims and expenses
          • Table Ukrainian Non-Life Insurance - Claims and Expenses, 2011-2015
          • Table Ukrainian Non-Life Insurance - Claims and Expenses, 2015-2020
        • Assets and investments
          • Table Ukrainian Non-Life Insurance - Assets and Investments, 2011-2015
          • Table Ukrainian Non-Life Insurance - Assets and Investments, 2015-2020
        • Property insurance
          • Table Ukrainian Non-Life Insurance - Property Insurance, 2011-2015
          • Table Ukrainian Non-Life Insurance - Property Insurance, 2015-2020
        • Property insurance by product
          • Table Ukrainian Non-Life Insurance - Property Insurance by Product, 2011-2015
          • Table Ukrainian Non-Life Insurance - Property Insurance by Product, 2015-2020
        • Motor insurance
          • Table Ukrainian Non-Life Insurance - Motor Insurance, 2011-2015
          • Table Ukrainian Non-Life Insurance - Motor Insurance, 2015-2020
        • Motor insurance by product
          • Table Ukrainian Non-Life Insurance - Motor Insurance by Product, 2011-2015
          • Table Ukrainian Non-Life Insurance - Motor Insurance by Product, 2015-2020
        • Liability insurance
          • Table Ukrainian Non-Life Insurance - Liability Insurance, 2011-2015
          • Table Ukrainian Non-Life Insurance - Liability Insurance, 2015-2020
        • Marine, aviation and transit insurance
          • Table Ukrainian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
          • Table Ukrainian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
      • Personal Accident and Health Insurance
        • Policies and premium
          • Table Ukrainian Personal Accident and Health Insurance - Policies and Premium, 2011-2015
          • Table Ukrainian Personal Accident and Health Insurance - Policies and Premium, 2015-2020
        • Claims and expenses
          • Table Ukrainian Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
          • Table Ukrainian Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
        • Assets and investments
          • Table Ukrainian Personal Accident and Health Insurance - Assets and Investments, 2011-2015
          • Table Ukrainian Personal Accident and Health Insurance - Assets and Investments, 2015-2020
        • Personal accident insurance
          • Table Ukrainian Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
          • Table Ukrainian Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
        • Health insurance
          • Table Ukrainian Personal Accident and Health Insurance - Health Insurance, 2011-2015
          • Table Ukrainian Personal Accident and Health Insurance - Health Insurance, 2015-2020
    • Definitions and Methodology
      • Definitions
        • Table Insurance Industry Definitions
      • Methodology
    • About Timetric
      • Contact Timetric
      • About Timetric
      • Timetric's Services
      • Disclaimer

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