DCC Insured Its Activities for USD 50 mln
OREANDA-NEWS. November 24, 2009. Open Joint Stock Insurance Company (IJSC) Ingosstrakh has insured DCC's activities for USD 50 mln for each insured risk and in total.
Beside DCC's main (depository) activities, Ingosstrakh has insured the activities performed under licenses of professional securities market participants, under constituent documents and concluded agreements, i.e. clearing activities and related services, safekeeping of securities other than depository activities.
For details of the insurance policy see the Risk Insurance section of DCC web-site.
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