The premiums received by insurance companies in Ukraine in 2025 have already exceeded pre-war levels in both hryvnias and euros. This was reported by Natalia Hudyma, Vice President of the League of Insurance Organizations of Ukraine, during the Ukraine National Insurance Conference.
This is reported by Business • Media
“In 2025, insurers collected about ₴72 billion in insurance premiums, paid out ₴25 billion, and transferred ₴3 billion in taxes to the budget. The liquid early assets of insurers (bonds, deposits, etc.) amount to ₴70-80 billion”.
Corporate Health Insurance and Reforms as Growth Drivers
According to Natalia Hudyma, further growth in the insurance market can be ensured by implementing a number of reforms, primarily in the labor sector. One of the key factors for development will be corporate health insurance. It is expected that its volume will increase from ₴8.5 billion in 2025 to ₴28.9 billion in 2030. Long-term life insurance will also have a significant impact: premiums in this segment are projected to rise from ₴6 billion to ₴19.1 billion during this period.
An additional factor for increasing market efficiency may be the transfer of the function of social insurance for accidents from government bodies to insurers. The development of property insurance is also anticipated, which could add another ₴10.5 billion to the total market volume.
Forecast for 2030: Rapid Growth and New Investment Opportunities
Experts predict that comprehensive reforms will allow the Ukrainian insurance market to reach a volume of insurance premiums of ₴180 billion by 2030. This represents a growth of 150% compared to current figures. It is expected that the share of insurance in the country’s GDP will rise to 1.25–1.26%, and insurers will be able to invest in the economy in the form of bonds, deposits, and other instruments totaling ₴125–140 billion. The volume of tax revenues from the industry may reach about ₴8 billion in direct taxes.