Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Interest in Ukrainian insurance sector already high, confirmed by specific deals – NBU governor

Interest in the Ukrainian insurance sector is already high and is being confirmed by specific deals, National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said at a meeting with UK Ambassador to Ukraine Neil Crompton.

Interest in Ukrainian insurance sector already high, confirmed by specific deals – NBU governor

Ukrainian insurance sector interest is currently high, confirmed by specific deals, according to National Bank of Ukraine (NBU) Governor Andriy Pyshnyy. Speaking at a meeting with UK Ambassador to Ukraine Neil Crompton, Pyshnyy described the market as "hot but still cheap," expressing optimism about the current window of opportunity for strategic investors.

The NBU governor highlighted that asset valuations still possess significant growth potential, attributing this to the sector's recent transformation. He noted substantial updates in regulations, increased transparency and solvency requirements, and the introduction of European standards, making the market more mature and understandable for investors.

Additionally, Pyshnyy mentioned that British business representatives are anticipated to visit Ukraine in the coming months, with many of them being financial companies and insurers.

Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at en.interfax.com.ua →

More in Finance & Markets

More from Monday 10 August →