Vienna Insurance Group's Ukrainian Unit Joins Reconstruction Guarantee Facility
Financial media reported on October 14 that USG, the Ukrainian non-life subsidiary of Vienna Insurance Group, has joined the Ukraine Recovery and Reconstruction Guarantee Facility. The facility, set up by Aon and the European Bank for Reconstruction and Development, expands from €110 million to €150 million with USG's entry. The facility has so far enabled more than €500 million of reinsurance coverage across roughly 10,000 policies, aiming to keep insurance available in Ukraine despite war risk.
Source: GSM · USA (original Chinese edition)
Photo: 维也纳多瑙河畔天际线黄昏实景。图片来源：Wikimedia Commons，Pierre Blaché from Paris, France 摄，CC0 授权
