KIEV, Feb. 18 – In one year or a year-and-a-half no more than 50-60 insurance companies would remain on the Ukrainian insurance market, which is enough for high-quality and efficient servicing of the market, according to the board chairman of Kiev-based Ukrainian Insurance Group (UIG), Pavlo Helha.

"I think that if we speak about insurers from the top-thirty, they would merge or bought, while small companies, which are of no interest to investors, would leave the market," Nelha said in an interview posted on website of the UIG.