OREANDA-NEWS  On 28 November was announced, that LLC Ingosstrakh M, Ingosstrakh’s affiliate with a focus on compulsory medical insurance, reports 62.8% increase in the size of written premium over 9 months 2008 vs. the same period of the previous year. Its written premium has reached RUR8.52bn to make it 19th among Top-25 insurers in terms of the size of written premium for 9 months 2008 (according to Kommersant Daily, No 204 dd. 11.11.2008). Ingosstrakh-M has retained its position among top 10 largest Russian medical insurers in the rating of RBC of Compulsory Health Insurance Companies in 9 months 2008 (http://rating.rbc.ru/search.shtml?query=%CE%CC%D1 ).

The value of assets as at October 1, 2008, amounted to RUR 1386.8mln (+58.6%), the size of reserves disclosed by Ingosstrakh M amounts to RUR1167.0mln, while its equity is reported to amount to RUR59.0mln. The company’s EBIT amounts to RUR7.6mln. Its registered capital is RUR52.3mln.