Ukraine - Insurance



Among the insurance companies operating in Ukraine in 1997 were: Asko-Kiev Central Insurance Co.; Factotum Joint-Stock Insurance Co., First International Insurance Group; Ometa-Inster Joint-Stock Insurance Co.; Skide Insurance Co.; and Slavia. Beginning in August 1998, the Ukrainian government required that foreign visitors purchase mandatory "emergency medical insurance" from the Ukrainian State Insurance Company. In addition, personal accident insurance is required for all passeners on public transportation. Foreign shareholders in insurance companies may not exceed 49%.

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