Political risks in Ukraine have raised the cost of insurance in the country, Willis Insurance Ukraine CEO Viacheslav Andreiko has said at a press conference on the issues of investment in Ukraine.
“Indeed, the cost of insurance has increased due to the growth of political risks. Risks are assessed individually and therefore it is difficult to count by how much. However, according to the latest project, we understand that this increase was about 1.5-2 times than before,” he said.
However, Managing Partner of B. C. Toms & Co (Britain) Bate C. Toms noted that one of the ideas of billionaire and investor George Soros is that political risk insurance in Ukraine should be free, because it is necessary to guarantee economic recovery and renew investment in the country.
