KIEV, Sept. 15 - Despite the large number of insurance companies in Ukraine (343), the major share of gross premiums, or 99.3%, is collected by 20 life insurers (44.4% of the total), and 97.3% by 100 risk insurers (33.6%).
According to a report on the website of the National Commission for State Regulation of Financial Services Markets, the Herfindahl-Hirschman Index in the life insurance market in the first half of 2016 amounted to 1,037.3 (in the first half of 2015 it stood at 1,002.0), while the figure in the risk insurance market was 309.79 (207.85).
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