OREANDA-NEWS. August 13, 2010. Ingosstrakh paid the insurance indemnity of 25,000 euros under the reinsurance contract with Medexpress CJSC.

While in the city of Trivandrum, India, Medexpress insurance policy owner was hospitalized with a severe form of pneumonia. The treatment involved air medical service to evacuate the insurant to a hospital in Delhi equipped with necessary medical facilities. The total damage amount of 30,000 euros also included the service company's fee and the cost of the tickets for the insurant from Delhi to Saint Petersburg.

Under the non-proportional obligatory reinsurance contract made between Medexpress and Ingosstrakh the reinsurer’s share of liability was 25,000 euros. After recognizing this event as insurable Ingosstrakh fulfilled all its obligations.