The Export Credit Agency of Italy (SIMEST) has confirmed its readiness to insure the investments of Italian companies in Ukraine, Director of Ukraine Invest Serhiy Tsivkach said on his Facebook page.

"SIMEST has announced EUR500 million in support for Italian companies planning to invest in Ukraine," he said.

As reported, a statement of intent on cooperation in restoring the Ukrainian private insurance market was signed by the European Bank for Reconstruction and Development (EBRD), the European Commission, Norway, Switzerland, the TaiwanBusiness-EBRD Technical Cooperation Fund and Ukraine within the Ukraine Recovery Conference in London.

In addition, the global reinsurance broker Aon, the world's leading insurance and reinsurance marketplace Lloyd's, announced a partnership with Vienna Insurance Group (VIG) to expand (re) insurance of opportunities to improve Ukraine's economic resilience and support the country's recovery and reconstruction. The reinsurance brokerage Marsh McLennan on June 22 announced its intention to work with the Ukrainian government and insurers to help open access to the global insurance market, according to the Marsh website.