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Ukraine

Insurers, reinsurers, and brokers face an increasingly unpredictable world, not least because of tougher capital and risk requirements impacting on your business. So you can be certain to meet these challenges successfully, you need advisors with specialist knowledge of your sector and a detailed understanding of the evolving regulatory framework. CMS has helped major insurers establish and expand operations in Central and Eastern Europe. We are the market leader in M&A in the sector, offer dedicated regulatory expertise and have extensive experience from distribution of insurance products to defence of class action claims.

With 100 insurance lawyers globally, we can protect your commercial interests in your home market and across borders. We provide advice based on strong local knowledge delivered on a Europe-wide basis by expert lawyers, many of whom have worked in the sector or for regulatory authorities.  We assist clients on the most complex transactional, advisory and contentious matters. A multi-disciplinary team advises on strategic as well as operational matters, liability and dispute resolution, policy drafting, coverage, regulatory issues, M&A, capital raising and restructurings, HR, tax, real estate and commercial issues.

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20 July 2020
COV­ID-19 and the CEE in­sur­ance in­dustry
This CMS guide looks at the ten most fre­quent ques­tions re­ceived from the in­sur­ance in­dustry re­gard­ing the COV­ID-19 pan­dem­ic. Down­load here.
14 March 2018
CMS Ex­pert Guide to in­sur­ance law and reg­u­la­tion
Are you look­ing for in­form­a­tion on in­sur­ance law and reg­u­la­tion? This CMS Ex­pert Guide provides you with everything you need to know.
24 July 2020
The Ukrain­i­an Par­lia­ment passed a brand-new Me­di­ation Law on the first...
On 15 Ju­ly 2020, the Ukrain­i­an Par­lia­ment passed on the first read­ing Draft Law No. 3504 “On Me­di­ation” (the “Draft Law”), which in­tro­duces a new dis­pute set­tle­ment mech­an­ism (me­di­ation) at the...
24/03/2015
The In­ter­na­tion­al Com­par­at­ive Leg­al Guide to In­sur­ance and Re­in­sur­ance
A prac­tic­al cross-bor­der in­sight in­to in­sur­ance and re­in­sur­ance law
02 July 2020
EU agrees new class ac­tion re­gime for con­sumer dis­putes
After a long gest­a­tion, on 30 June 2020 the Coun­cil of the EU pub­lished the text for the col­lect­ive re­dress dir­ect­ive (the “CR Dir­ect­ive”) (text avail­able here). This le­gis­la­tion is in­ten­ded to bet­ter...
17/07/2014
Risk Mat­ters: In­sur­ance Sec­tor news­let­ter Sum­mer 2014
High­light­ing top­ic­al is­sues for in­sur­ance sec­tor par­ti­cipants
15 June 2020
EIOPA to re­view fun­da­ment­al basis of su­per­vi­sion of in­sur­ance value chain
The European and Oc­cu­pa­tion­al Pen­sion Au­thor­ity (“EIOPA”) has launched a pub­lic con­sulta­tion on the (re)in­sur­ance value chain and new busi­ness mod­els arising from di­git­al­isa­tion (the “Dis­cus­sion...
30/06/2010
10 Things Every In­surer Should Know about West­ern Europe
19 March 2020
Ukraine En­acts Anti-Coronavir­us Le­gis­la­tion
Ac­cord­ing to the of­fi­cial in­form­a­tion as of 18 March 2020, Ukraine re­por­ted 14 con­firmed cases of Coronavir­us Dis­ease 2019” (“COV­ID-19”) with two leth­al out­comes.  COV­ID-19 is caused by the vir­us...
16 March 2020
European in­sur­ance re­cov­ery and res­ol­u­tion frame­work now an in­ev­it­ab­il­ity
For a long time, the in­sur­ance in­dustry has suc­cess­fully ral­lied against at­tempts to in­tro­duce a re­cov­ery and res­ol­u­tion re­gime sim­il­ar to the Bank Re­cov­ery and Res­ol­u­tion Dir­ect­ive (BRRD). However, EIOPA’s...
28 February 2020
UK/EU fin­an­cial ser­vices after Brexit -cross bor­der reg­u­la­tion after the...
On 25 Feb­ru­ary, the Coun­cil of the EU pub­lished the fi­nal ver­sion of its ne­go­ti­at­ing man­date and, two days later, the UK gov­ern­ment set out its ap­proach to our fu­ture re­la­tion­ship with the EU. Ne­go­ti­ations...
28 January 2020
Avi­ation claims: Po­ten­tial chal­lenge to concept of ac­ci­dent in the Montreal...
A re­cent Court of Justice of the European Uni­on (CJEU) de­cision in Decem­ber 2019 may give scope to chal­lenge the defin­i­tion and concept of the term “ac­ci­dent” with­in Chapter III - Art­icle 17 (1) of...