{
  "id": 9325755,
  "title": "Ukraine National Bank to require investor guarantee letters in insurer recovery plans",
  "url": "https://urgent.news/2026/09/23/ukraine-national-bank-to-require-investor-guarantee-letters-in",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T11:45:59.000Z",
  "source": {
    "name": "Interfax-Ukraine",
    "slug": "interfax-ukraine",
    "url": "https://en.interfax.com.ua/news/economic/1208730.html"
  },
  "original_language": "en",
  "account": "The National Bank of Ukraine is set to require investor guarantee letters in insurer recovery plans, according to a draft resolution currently under public discussion. This new requirement will apply to letters of intent from investors, included as part of the insurer's business recovery plan or financing plan. The resolution was proposed by the National Bank of Ukraine (NBU) and aims to ensure that insurers have the necessary financial backing to implement their recovery plans.\n\nThe letter of guarantee will be mandatory if the recovery plan involves an increase in the insurer's authorized capital, the purchase of non-eligible assets for regulatory capital calculations, or the raising of funds through subordinated debt. In the guarantee letter, the investor must confirm their commitment to carrying out the specified measures within the stipulated timelines, provide the sources of funds, and submit necessary documentation to support the plan's approval and implementation.\n\nThe NBU is currently accepting comments and proposals on the draft resolution until October 5, 2026.",
  "summary": "An insurer shall submit to the National Bank of Ukraine (NBU) a letter of intent from an investor as an integral part of the insurer's business recovery plan or financing plan if the measures envisaged by them are to be implemented using investors' funds.",
  "key_points": [
    "National Bank of Ukraine to require investor guarantee letters in insurer recovery plans.",
    "Comments on draft resolution accepted until October 5, 2026."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Kyiv Independent",
        "title": "Taiwan company plans to buy Ukraine’s second-largest cement business for 750 million euros",
        "url": "https://urgent.news/2026/09/23/taiwan-company-plans-to-buy-ukraines-second-largest-cement-business",
        "published": "2026-09-23T13:45:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}