OREANDA-NEWS. On 17 August 2009 was announced, that according to preliminary information, total premium of INGO Group - Ingosstrakh IJSC (Russia), SOFAG (Germany), INGO Ukraine (Ukraine), Garant (Austria), IngoNord (Finland), Belingosstrakh (Republic of Belarus), Ingo Armenia (Republic of Armenia), Kyrgyzinstrakh (Kirgiz Republic), INGO Uzbekistan (Uzbekistan), Ingosstrakh Life (Russia), Ingosstrakh-M (Russia),  Emergency Insurance Company (Russia),  EMESK (Russia) - over 6 months of 2009, amounted to RUB 39.4 bln, which is 14% more than in the previous year. Over the reported period, payments made by these companies totaled RUB  27.7bln, which is 32% more than in 2008.

Total premium of the Russian companies of INGO Group (Ingosstrakh IJSC, Ingosstrakh-M, Ingosstrakh Life, Emergency Insurance Company, EMESK) for direct insurance and risks accepted for reinsurance over January-June 2009 totaled RUB 35.6 bln, which is 15% more than in 2008, including Ingosstrakh-M and EMESK - RUB 9.1bln. Over the first six months of 2009, payments made by the Russian companies of the group totaled RUB 255bln - 42% more  than last year. First of all, this is due to an increase in the amount of compensations paid under voluntary motor insurance – by RUB 2.5bln, under voluntary medical insurance - by more than RUB 1bl, and payment of the compensation to the amount of RUB 1.1bln to FGUP Kosmicheskaya Svyaz for the partial loss of Express-AM2  satellite.

Total premium paid by Ingosstrakh IJSC in the first six months of 2009 amounted to RUB 25.6bln, which is 11% more than in the same period of 2008, including under direct insurance transactions - RUB 23.5bln (an increase of  12.6%) and under inward reinsurance transactions - RUB 2.1bln (a decrease of 4.0%).

Under voluntary insurance other than life (including inward reinsurance), in the reported period, Ingosstrakh collected RUB 22.8bln (an increase of 10.5%), including for personal insurance (non-life) - RUB 3.9bln (an increase of 15.6%), property types of insurance - RUB 16.9bln (an increase of 10.7%), voluntary liability insurance - RUB 2.0bln (a decrease of 0.2%).

Under compulsory motor TPL insurance, over the first six months,  Ingosstrakh collected RUB 2.8bln (an increase of 15.7%).

Total payments made by Ingosstrakh IJSC over January-June 2009 amounted to RYB 16.1bln, which is an increase of 43.4% as compared with the same period of 2008. Payments made under direct insurance totaled RUB 14.6bln (an increase of 55.1% due to the above mentioned factors), and under inward reinsurance - RUB 1.5bln (a decrease of RUB 17.1%).

Payments made by the company under voluntary insurance other than life (including payments under inward reinsurance) totaled RUB 14.6bln, of them under personal insurance (non-life) - RUB 2.8bln, under property insurance - RUB 11.0bln, under voluntary liability insurance  - RUB 0.8bln. Payments made under voluntary liability insurance  totaled RUB 0.8bln.  Payments made under compulsory motor TPL insurance totaled RUB 1.5bln.

In the reported period, the assets of Ingosstrakh IJSC, Ingosstrakh Life, Ingosstrakh-M,  Emergency Insurance Company, EMESK increased by 13% as compared to the same indicator as of  1.07.2008 and totaled RUB68.8bln. The increase in insurance reserves of the Russian companies of INGO Group  totaled 13%, in absolute terms insurance reserves reached RUB 48.3bln.

Total equity as of 1.07.2009 amounted to RUB 15bln, which is 8% more than last year. According to the preliminary information, over six months of 2009, the profit before tax of these companies  amounted to over RUB 2.4bln.