The Ukrainian industry has undergone key changes in terms of structure and provisions since coming into existence in 1991.
The key structural changes include a decline in the number of insurance companies, while restrictions on foreign inward-investments have been eliminated entirely. The number of insurance companies decreased from 700 in 1992 to 442 in 2011, while the foreign inward-investment cap increased from 49% to 100%; at present the government applies no barrier to foreign direct investment (FDI).
