Analysis of Ukrainian life insurance market and its tendencies

  • Received September 26, 2017;
    Accepted October 30, 2017;
    Published November 27, 2017
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  • Article Info
    Volume 14 2017, Issue #3, pp. 330-338

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

Life insurance is the most important type of personal insurance. The paper analyzes main indicators characterizing the current state of life insurance in Ukraine and its impact on domestic insurance market in general. Trends in insurance premiums and insurance payouts are identified, and concentration of this insurance market segment is examined. Life insurance in the context of its main forms is analyzed. Solutions to the existing problems are determined and recommendations are provided to improve life insurance market in Ukraine.

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    • Figure 1. Dynamics of life and non-life insurance companies in Ukraine, 1990–2016
    • Figure 2. Payouts in life insurance in Ukraine for the period 2012–2016
    • Figure 3. Life insurance according to types in Ukraine during 2012–2016
    • Figure 4. Life insurance leaders in Ukraine in 2016
    • Table 1. Life insurance at the Ukrainian insurance market in 2012–2016
    • Table 2. Life insurance services in Ukraine in terms of net insurance premiums in 2012–2016, million UAH
    • Table 3. TOP-10 largest life insurance companies by premiums for the first half of 2017 (ths. UAH)
    • Table 4. TOP-10 largest life insurance companies by payouts for the 1st half of 2017 (ths. UAH)