Ukraine: Planned rules mandate insurers to adopt risk management strategyReprints
Planned rules by Ukraine's financial regulator require every insurer to adopt a risk management strategy, Forinsurer reported.
The rules, approved at a recent regulatory meeting, are aimed at ensuring insurers' financial stability and preventing insolvencies.
Insurers can choose and adopt a strategy that is suitable for them. The Ukrainian insurance market does not currently have a uniform approach to risk management.