Written questions

Insurance: Ukraine

Commons · Question 60455 · Tabled 17 Jun 2025 · Treasury · Official record

Answered 24 Jun 2025

Question

Asked by 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

Answered by Emma Reynolds, 24 Jun 2025

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...