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Ukrainian government plans $1 billion for business war risk insurance
4 sourcesPublished · Updated
The Ukrainian government announced plans to create a $1 billion fund for insuring businesses against losses caused by the war. Prime Minister Serhiy Koretsky stated that the state could cover 40-50% of business losses due to Russian attacks.
Key facts
- Creation of a $1 billion fund
- Coverage of 40-50% of business losses
- Involvement of international partners to increase resources
- Potential budget losses for Ukraine may reach 70 billion UAH
Serhiy Koretsky · Ukrainian government · The Economist
Sources4
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