In a brief speech, LSAU President Viktor Berlin thanked Andriy Pyshnyy, Governor of the National Bank of Ukraine, his deputies, and the heads of relevant NBU departments for their support and open, professional dialogue at the UNIC 2026 All-Ukrainian National Insurance Conference, which took place in late March.
“It was at the conference that we first publicly discussed, within such a broad circle of experts, the shared vision of insurers and the regulator regarding the development strategy for the national insurance market, and we are now awaiting the final document from the regulator.
By the way, we have already presented the key directions of the strategy to the Ministry of Economy, the BEB, and at working meetings with the European Parliament’s Committee on Economic and Social Affairs in Brussels.
Our shared goal is to establish the insurance market as a distinct sector, increase the penetration of insurance relative to the country’s GDP, and generally elevate the role of insurance in the national economy. Therefore, we plan for UNIC to serve as a permanent platform for communication.
For the first time, insurance market representatives were involved in drafting the IDD Bill and the Motor Third-Party Liability Insurance Bill prior to their official publication; this is important to us as insurers.
We fully support the goal articulated by the NBU Governor regarding the “de-shadowing” of the industry and are already actively moving in this direction; in particular, I reported on my joint meeting with representatives of the BEB. I also proposed holding a joint meeting between the BEB, insurance companies, and the NBU in the near future.
I also took the opportunity to invite my colleagues to Gdańsk, where we plan to hold a panel discussion on June 24 with the participation of representatives from the NBU and the Federation of Insurance Associations of Ukraine. We will discuss the state, achievements, and potential of Ukraine’s insurance market,” noted Viktor Berlin.
