The Government of Ukraine has announced an increase in the amount of compensation as part of improving the mechanism for insurance of property against war risks.
McKinsey believes that artificial intelligence is one of the biggest drivers of added value creation in the insurance industry today.
The launch of the agricultural product insurance program with state support was discussed at a meeting of the working group at the Ministry of Economy of Ukraine.
The issue of expanding guarantees, in particular war risk insurance, was discussed at a meeting between the Minister of Economy of Ukraine and the First Vice-President of the European Bank for Reconstruction and Development (EBRD).
The first applications from businesses under the property insurance program against war risks are being received, while the insurance mechanism is being improved in accordance with the needs of the business.
For comparison: in 2025 the global cyber risk insurance sector amounted to $16-20 billion.
According to a report by the German reinsurance group Munich Re, in 2025 the total amount of losses from natural disasters amounted to about $224 billion, including insured losses of $108 billion.
The global property and liability (P&C) insurance industry has maintained a stable forecast for 2026 from the international rating agency Moody’s.
By its resolution dated December 31, 2025, the Government of Ukraine regulated the rules for providing state support for insurance of agricultural products, including in front-line territories.
The activities of the global insurance industry next year will be primarily focused on Artificial Intelligence, cyber insurance and natural disasters.
From January 1, 2026, a mechanism for insurance of property against war risks will begin to operate in Ukraine, which provides for direct compensation of losses for enterprises in front-line areas and compensation of part of the insurance payment for businesses throughout Ukraine.
War risk insurance has become popular in Ukraine due to the war in Ukraine, hostilities and constant missile and drone attacks that have been ongoing since 2022.
The intensification of geopolitical tensions around the world and the expansion of military conflicts into cyberspace have made cyber insurance the most sought-after insurance product.
The National Bank of Ukraine held an online meeting with representatives of Ukrainian enterprises participating in monthly surveys on business expectations.
In the liability reinsurance market, contract renewals were stable, with supply and demand balanced.
