Representatives of the Japan Export Credit Agency (NEXI), following a meeting with the Ukrainian delegation, expressed their readiness to expand war risk insurance for Ukraine’s reconstruction. NEXI already covers approximately half of Japanese exports to and investments in Ukraine. The parties discussed increasing their cooperation in investment and export insurance, which is essential for attracting Japanese financial resources and technology that is needed to rebuild Ukrainian industry and infrastructure.
Key topics include war risk insurance, insurance premium compensation, industrial reconstruction through Japanese equipment supply, housing construction guarantees, and expanding cooperation with other export credit agencies, particularly Polish KUKE and British UKEF.
Meanwhile, the INGO insurance company made a ₴20M insurance payment for a warehouse belonging to a chain of electronics stores in Kyiv that was destroyed in a Russian attack. The fire caused by the impact destroyed over 57,000 units of product. Through the payment, the company was able to cover a significant portion of its losses and resume operations.