The losses, the damage, the insurance and the war.
The UK government has promised to back a plan by the European Bank for Reconstruction and Development (EBRD) to create war-risk insurance coverage for companies that want to invest in the rebuilding of Ukraine. The UK signed a "war-risk insurance Statement of Intent" with the EBRD
Some 59% of Ukrainians say they have seen "positive signs" in recent months in their country's fight against corruption, according to a survey by the Kyiv International Institute of Sociology (KIIS). At the same time, 36% believe their nation is "hopelessly corrupt," showed the
The German government has agreed to provide war-risk insurance to building materials manufacturer Fixit to open a second factory in Ukraine even as fighting continues, Ukrainian Prime Minister Denys Shmyhal said. Fixit, which built its first Ukrainian factory in the western city of Lviv before the full-scale invasion
Palantir Technologies, the US data analysis firm, will help Ukraine clear its territory of land mines using artificial intelligence, Ukrainian Economy Minister Yuliia Svyrydenko said. The ministry said a de-mining system designed with Palantir, the firm founded by US billionaire Peter Thiel which is known for its contracts with
The Ukrainian government has launched a data platform designed by global professional services firm Marsh McLennan to help investors and insurers gauge the risk of acts of war in Ukrainian communities. The platform, available starting today at www.promo.war-risks.com.ua, gathers data from the military, police and
Some 34 countries pledged a combined €500 million to help de-mine Ukraine, led by a 100-million-euro donation from Switzerland, at a donors' conference in Zagreb, Croatia. Pledges made at the conference also included €20 million from Norway, €12.5 million from Sweden, €5 million from Croatia,
The government of Ukraine has been "sounding out" major investors about the possibility of restructuring the country's $20 billion in international debt and raising new funds, Reuters reported out of London, citing three unnamed sources. The head of Ukraine's debt management office, Yuri Butsa,
The government has earmarked an additional 102 million euros in support for Ukraine, including 60 million euros to insure Dutch companies contributing to the reconstruction of Ukraine. The sum will cover payment risks of investments and transactions in the form of export credit insurance, the Dutch government said in an
Direct damage to Ukraine's infrastructure since Russia invaded in February of last year has reached $151.2 billion, including $55.9 billion in damage to housing alone, according to a study by the Kyiv School of Economics. Some 147,800 private houses, 19,100 apartment buildings and 350
The World Bank's Multilateral Investment Guarantee Agency (MIGA) has issued Ukraine's first war-risk guarantees for private investors, providing $9.1 million of war insurance for the construction and operation of a warehouse and supporting infrastructure in the western city of Lviv. The insurance covers the
London-based insurer Miller has tapped the vessel-tracking technology of partner Clearwater Dynamics, a UK technology firm specialized in shipping, to launch war-risk insurance in conjunction with the Ukrainian government, for ships carrying Ukrainian grain exports on the Black Sea. The coverage, which Miller says is backed by
By Ukraine Rebuild News Staff, Sept 19, 2023 Ukraine’s six deputy defense ministers were fired, a week after the toppling of their boss in a corruption scandal, as Ukrainian President Volodymyr Zelensky flies to Washington, DC to meet US President Joe Biden and members of Congress to push for
By Ukraine Rebuild News Staff, Sept 14, 2023 Most citizens of Western or Western-allied nations agree that their government should financially support the reconstruction of Ukraine and that the country should be allowed to join the European Union and Nato, according to a 14-nation survey. Some 69% say
By Ukraine Rebuild News Staff, Sept 14, 2023 The world’s most powerful nations should create a “war-risk pool” to restore Ukraine’s insurance industry and insure the companies, organizations and people seeking to undertake the reconstruction of Ukraine, said executives from companies owned by global private services firm
By Ukraine Rebuild News Staff, Sept 12, 2023 Ukrainians trust Western companies and banks more than local firms to carry out reconstruction of the country after the war, according to an opinion poll published by the Ilko Kucheriv Democratic Initiatives Foundation and the Kyiv International Institute of Sociology. When asked
