Lately there have been some developments in the sphere of issuing loans to businesses secured by pledged property assets. Though the process is not as speedy as some of companies would have wished, that is still a positive trend for the economic revival. Typically enough the majority of lenders view the compulsory insurance required under the mortgage agreements as the unintended expenses. Therefore only the slight share of attention is paid to considering and negotiating the most favorable insurance terms and conditions instead of using the insurance policies as the tool to minimize the entrepreneurial risks.

The approach to defining political risks insurance is quite different from other insurance products. It’s worth mentioning that political risks insurance can refer to two different notions. What are those and what do they mean?

Considering the recent developments in logistics sphere which have been leading to market consolidation a lot of operators are looking into possible ways of transferring some of their risks to the insurance companies. However it is essential that the insurance product be chosen accurately with regard to the extent of coverage, as well as with regard to justified cost.

Who and under what circumstances is entitled to them? Constant currency exchange rate fluctuations keep adding to the growing uncertainty in what tomorrow brings. Since the insurance in its essence is aimed at bringing confidence, the issue of concluding insurance agreement denominated in foreign currency has been coming up pretty frequently lately. The main purpose of such policies is to guarantee that the indemnity, just like the insurance premium, will be paid in the foreign currency as well. This article is called to review the provisions under which entities operating in Ukraine can count on using the benefits of foreign-currency denominated insurance agreements.

There are a few insurance products in the Ukrainian market which are tailored to the needs of agricultural companies. Rational use of them all can provide the safety bag intended to offset the repercussions of unforeseen circumstances since the losses are to be covered by an insurance company.

Goods and inventory are the key assets of retail chains if not the only ones they build their business upon. Loosing them can be equal to going bankrupt. It’s no wonder that a great number of leading retailers in Ukraine have long ago discovered insurance as the effective means of transferring their risks and using insurance policies as the safety bag on the regular basis. Such responsible attitude towards business serves as an example for other companies in this sphere.