OREANDA-NEWS. April 07, 2010. From April 1, 2010 Ingosstrakh renewed the compulsory reinsurance program against terrorism risks accepted for insurance or in-world insurance of property and construction and installation agreement.

The total amount of the program is 100 mln USD; 100% of the amount is placed in Lloyds syndicates. The program works on the basis of insurance amounts and limits of liability. The coverage territory is the Russian Federation, CIS and Baltic countries.

Ingosstrakh OJSIC (www.ingos.ru) has been operating in the domestic and international markets since 1947. The Company is a leading Russian insurer in terms of the size of insurance premiums in voluntary insurance other than life insurance.

 Ingosstrakh is authorized to offer all types of insurance services (considering areas of specialization) provided for in Article 32.9 of the Law on Insurance of the Russian Federation, as well as reinsurance services. The company has the offices in 231 cities of Russia. The insurer’s branches and affiliates operate in the CIS member states and far-abroad countries.