59 insurers and 45 insurance brokers operate in the non-banking financial market of Ukraine
As of October 14, 2025, 49 non-life insurers (decreased by 1 IC), 10 life insurers (the number did not change), one insurer with special status, 45 insurance brokers (the number did not change) operated in the insurance market of Ukraine.
During the year, 40 companies exited the market, of which 38 worked in the risk insurance segment. This contributed to further market concentration: the share of the five largest risk insurers in terms of premiums increased from 39% to 42%, and the TOP-10 – from 65% to 71%.
The insurance market of Ukraine continues to grow, demonstrating positive trends in 2025 and improving the financial results of insurers, despite the war in Ukraine. Risk insurers’ assets increased to UAH 46.1 billion.
The number of banking groups remained unchanged (16). The number of non-banking financial groups increased by two (41) in September.
During September, the National Bank received 225 requests from market participants regarding registration and licensing actions. The number of requests from insurers increased to 45.