cent insurance-density rate. After Russia’s 2014 annexation of Crimea, most of the 20 largest international private insurers stopped providing coverage in Ukraine. In 2022, this became complete under w [...] this would facilitate access to war-risk corporate insurance, with an initial focus on trade and international shipping. In the next 15 years, four-fifths of Ukraine’s €500 billion foreign and domestic investment [...] exports for the long term. The next step could be accepting Ukraine into the European Free Trade Association . This is no substitute for EU membership but would represent a tool for Ukraine to attract investment