OREANDA-NEWS. Russian Railways has selected 12 companies to insure electric trains during 2007-2009. The tender committee of Russian Railways selected the winners based on the amount of equity capital and insurance reserves, insurance rates for electric trains, the preventive measures reserve and number of insured units of rolling stock.

The committee also took into consideration the extent of the banks’ branch network in Russia and presence in major cities such as Moscow, St. Petersburg, Kaliningrad, Nizhny Novgorod, Yaroslavl, Rostov-on-the-Don, Voronezh, Saratov, Samara, Yekaterinburg, Chelyabinsk, Novosibirsk, Krasnoyarsk, Irkutsk, Chita, Khaborovsk and South Sakhalinsk.

The question about the division between fully-fledged insurance companies of Russian Railways’ suburban rolling stock, which consists of over 15,000 coaches, will be decided separately.

It is worth noting that 70 collisions between passenger trains and road vehicles occurred in 2006, including with suburban trains, causing losses to Russian Railways of nearly 28 million roubles in 2006 (2005 - 5,2 million roubles).

List of insurance companies:
• Insurance Society ZHASO;
• Railway Insurance Fund;
• Military Insurance Company;
• REAL;
• Baltic Insurance Society;
• IngoStrakh;
• Soglisie;
• ROSNO;
• Russia;
• Russian State Insurance Company (for the RosGosStrakh group of companies);
• Insurance Society of the Gas Industry;
• Moscow Insurance Company.