Ingosstrakh pays first installment worth $200,000 to Vietnam Insurance Corporation
Ingosstrakh has conducted first disbursement in amount of $200,000 to Vietnam Insurance Corporation for the loss occurred at ship’s launching. Construction damage and total loss risks were ceded from Vietnam Insurance Corporation under facultative treaty. Total sum of Ingosstrakh share amounts to $470,000.
OJSIC Ingosstrakh (www.ingos.ru) operates in the global and national insurance markets since 1947. The company is one of the leaders in the amount of voluntary non-life insurance premiums.
Ingosstrakh has been rated by Standard & Poor’s (ВВ+/Stable, or ruAA+ on the Russian scale), Moody’s Investors Service (Ba1/Stable), Moody’s Interfax Rating Agency (Aa1.ru on the national scale), and Expert RA (A++).
Ingosstrakh is licensed to perform all insurance classes (insurers’ specialty), stipulated by Article 32.9 of Insurance Law and reinsurance. Company has branches in 214 Russian cities. 14 rep offices and subsidiaries operate in neighboring and other foreign countries.
