The number of insurance companies in Ukraine remained unchanged in September 2025, with no new entrants or exits reported in the sector. According to the National Bank of Ukraine (NBU), the market continued to include 50 non-life insurers, 20 life insurers, and one special-status institution, the Export Credit Agency (ECA). This stability in the insurance sector reflects the ongoing regulatory oversight and market conditions as the country continues to navigate its economic landscape.
While there were no significant changes in the number of insurers, the NBU’s report highlighted the continued presence of the ECA, which is tasked with providing financial support for export activities. The absence of new entrants or closures suggests a degree of market maturity and regulatory confidence in the existing players. This stability is particularly notable in the context of broader economic challenges facing Ukraine, including inflation and geopolitical tensions.
Industry analysts have noted that the steady number of insurers indicates a balanced market environment. The absence of significant changes could also signal that the current regulatory framework is effective in maintaining market stability. However, experts caution that the sector may face challenges in the coming months if economic conditions worsen or if there are changes in the regulatory environment.