HR 7353
Ukraine War Risk Insurance Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Ukraine War Risk Insurance Act, temporarily expands eligibility for war risk insurance to commercial vessels transporting goods to and from Ukraine. It aims to bolster confidence in Ukraine’s economic recovery by providing insurance and encouraging investment from allies. The bill also establishes an initiative within the Department of State to coordinate war risk insurance efforts and promote economic integration with Europe and the United States, while seeking a multilateral insurance mechanism through the UN Food and Agriculture Organization.
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