UKRAINE: MTIBU: Green Card sales in 1H2025 fell by more than 8%

5 August 2025 — Marina MAGNAVAL
In 1H2025, Ukrainian car owners concluded 654 thousand international Green Card insurance contracts, which is 8.74% less y-o-y, Forinsurer reports.

It is noted that this decrease was mainly driven by the introduction of restrictions on the period of stay of cars with Ukrainian registration in certain EU countries. As a result, many owners re-registered vehicles at their place of residence and purchased policies from local insurers.

GWP in the reporting period amounted to UAH 2.6 billion (~EUR 53.40 million) and decreased by 1.67% y-o-y. The largest GWP in the segment were recorded by TAS, Ukrainian Insurance Group and PZU Ukraine.

In January-June 2025, foreign adjusters filed 7,616 claims for road accidents involving Ukrainian drivers abroad, which is 5.13% less than last year. At the same time, total payment was EUR 26.7 million, which is 2.47% more y-o-y.

The decrease in the number of claims is directly related to the decrease in the number of concluded contracts, but payments remain high due to the long cycle of claims settlement, since payments can be made years after an accident.

TAS recorded the largest number of settled claims and the highest payments. High results were also demonstrated by the Ukrainian Insurance Group, Knyazha Vienna Insurance Group and PZU Ukraine.

Director of the Green Card Bureau Oleksandr Salaychuk emphasized that the Ukrainian international motor insurance market is stable, despite external challenges and changes in the regulatory field of European countries.

*EUR 1 = UAH 48.69 (as of June 30, 2025)



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