KYIV, June 21 – The EBRD, the European Commission, Norway, Switzerland, the TaiwanBusiness - EBRD Technical Cooperation Fund and Ukraine signed a statement of intent on cooperation in restoring the Ukrainian private insurance market as part of Ukraine Recovery Conference in London on Wednesday.

"[The parties] are working jointly with key market and public-sector stakeholders to develop a guarantee facility," the EBRD said in a press release.