Written Question·Treasury·UIN 60455

Insurance: Ukraine

Tabled: 17 June 2025

Answered: 24 June 2025

Question

Wendy Morton

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing government-backed insurance guarantees or reinsurance schemes to enable private insurers to underwrite commercial activity in Ukraine.

Answer

Emma Reynolds

As referred to in the previous PQ regarding risk mitigation in the insurance industry, the UK Government has played a leading role in developing solutions that have helped to reopen and rebuild insurance markets in Ukraine. The UK provided a £20 million c...

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