OREANDA-NEWS. On 22 January 2009 was announced, that according to the reinsurance program for 2009, OJSC Insurance Company "Universalna" has concluded reinsurance contracts with the leading international reinsurance and insurance companies.

"Large amount of risks, accepted by OJSC Insurance Company "Universalna" require the reliable reinsurance coverage, defining the active cooperation with the leading reinsurers", — noticed Mr. Oleksander Dyachenko, Director of the reinsurance department.

Particularly, in obligatory insurance, property risks of OJSC Insurance Company "Universalna" have been reinsured by Kolnische Ruckversicherungs — Gesellschaft AG, Gen Re group (Germany, "AAA" Standard & Poor’s rating). This contract includes industrial break (BI), motor and equipment insurance (МВ), all the assembly risks insurance (EAR), all-risks insurance of the construction entrepreneur (CAR), building engineering, vehicles and equipment insurance (CPM).

The motor risks portfolio including building engineering and equipment, agricultural and timber machinery has also been reinsured by Gen Re.

The cargo, carrier responsibility (CMR/TTH) and accident risks have been reinsured by SCOR Global P&C (France, "A" A.M.Best rating)

The "Green Card" — motor third party liability — portfolio has been placed in the European and London markets by broker Willis Limited (UK).

The risks, which surpass the obligatory contracts limits or mismatch the terms of such contracts, are placed optionally at Gen Re, Munich Re, Polish Re, SCOR Global P&C, Hannover Re, Swiss Re, Transatlantic Re, ACE European Group and at the leading domestic insurance companies.

In addition, Insurance Company "Universalna" collaborates with international insurance and reinsurance brokers on demand — AON Finland Oy, Willis Insurance Brokers Ltd, RFIB, IB Malakut, Oakeshott Insurance Consultans Ltd.