UNIQA - representing is agricultural insurance dispute

Vasil Kisil & Partners’ lawyers have successfully represented UNIQA Insurance Company in a dispute over payment of an insurance indemnity in connection with a low crop yield caused by drought.

Following the litigation that lasted over three and a half years, the court dismissed the insured’s claims for recovery of the insurance indemnity as the insured had failed to fulfill a number of agrotechnical requirements for growing barley, which had caused reduction in crop productivity and resulted in the lower crop yield than expected. The Superior Commercial Court of Ukraine affirmed the lawfulness and validity of findings of the court of appeals and upheld the resolution of the court of appeals.

UNIQA Insurance Group entered the Ukrainian market in 2006. Today, UNIQA and UNIQA Life Insurance Companies whose head offices are based in Kyiv offer all kinds of life and non-life insurance services through a nationwide network. Over 1 thousand employees of UNIQA in Ukraine serve nearly 1.2 million policyholders. UNIQA Insurance Group is one of the leading insurance groups in its core markets of Austria and Central and Eastern Europe. UNIQA consists of 40 companies based in 19 countries.