Allianz 26. 02. 21.

Allianz Ukraine keeps insurance licenses after favorable Expert Appeal Council decision

Today, 22nd of March 2016, the Expert Appeal Council of the State Regulatory Authority (SRA) granted appeal to Allianz Ukraine overriding the earlier decision by insurance regulator Natzkomfinposlug’s to withdraw Allianz’ licenses No 3530 dated 31.12.2015.

Earlier this month, Allianz Ukraine had successfully registered its new participants which are companies of Allianz located in Austria and the Netherlands. This step had been a prerequisite by the Appeal Council to override Natzcomfinposlug’s decision.

Since the decision of the insurance regulator had never come into force, Allianz Ukraine was able to continue its business without interruption. All insurance agreements remain fully in force and Allianz will continue to meet all the obligations taken without any exceptions.

We would like to express our special gratitude to our partners and clients for their great support during these past months. The trust our clients put in Allianz’ strength and reliability is our core value. We remain committed to providing the highest standard service as we continue to develop our business in Ukraine.