Regulation №741 of the National Commission for Regulation of Financial Services Market of Ukraine (SCRFSMU) dated 08.10.2009 “On Obligatory Criteria and Adequacy, Diversification and Quality Target Ratios for Assets Representing Insurance Reserves” contains a number of binding regulatory requirements for insurance companies. On August 18, 2013 the Department of Insurance Regulation and Supervision of the SCRFSMU sent a request to many insurance companies to provide data in tabular form and copies of supporting documents as of 15.05.2013, 14.06.2013, 05.07.2013 and 09.07.2013 containing data on formation of reserves, and requested another 11 indexes.

In connection with the above stated many insurance companies faced a need for funds not only at the reporting date at the end of the quarter, but also for the current quarter.

The Olimp Group has been working on a financial market for 17 years. Over this period it has developed many effective solutions for insurance companies. Lending funds for a long term to form reserves is one of such solutions.

The Olimp Group offers stocks, bonds and investment certificates. You can lend them for a long term or purchase on favorable terms. All issuers are listed on the Ukrainian stock exchanges and have primary and secondary listing. Our securities are suitable for formation of reserves and serve as financial instrument for a variety of operations (formation of statutory fund, payroll card program, reservation).