Proceedings of the International scientific and practical conference ― Education and Scientific Progress‖ (February 13-15, 2026) / Publisher website: www.naukainfo.com. - Manchester, United Kingdom, 2026. - 206 p.

20 thereby increasing operational costs and potentially weakening customer trust. While specific studies on the operational impacts within insurers in Ukraine are limited, analogous research in business resilience studies points to significant operational disruptions caused by energy instability across industries [4]. At the same time, the crisis stimulates institutional adaptation. Insurance companies are forced to revise underwriting standards, introduce exclusions or sub- limits for energy-related risks, enhance reinsurance protection and implement stress- testing practices to reflect systemic shocks. These adaptive practices can help strengthen financial resilience. In the long term, the experience of systemic blackouts may accelerate the modernization of risk assessment methodologies, push for incorporation of systemic risk factors into actuarial frameworks and ultimately strengthen the financial stability of Ukraine’s insurance market. Against this background, it is necessary to systematize the key risks faced by insurance companies under conditions of large-scale power outages (Table 1).