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MIGA and KUKE will jointly support Polish investments in Ukraine and other markets
KUKE signed a memorandum of understanding with The Multilateral Investment Guarantee Agency of the World Bank Group (MIGA), to support and encourage trade and foreign direct investments by Polish companies in Ukraine and other countries. The agreement, signed at the Ukraine Recovery Conference 2024, provides a framework for cooperation on projects through joint insurance, parallel insurance, and reinsurance arrangements. This agreement reflects Poland’s strong desire to support Ukraine’s reconstruction and MIGA’s strategy of partnering with public sector insurers given the lack of private market insurance for war risks.