OREANDA-NEWS. October 27, 2010. OJSC IC ROSNO has concluded an insurance contract with Kogalymavia Airline LLC whereunder the hull insurance coverage has been provided for the air carrier’s Airbus planes and its civil liability, reported the press-centre of ROSNO.   

The hull insurance amount equals 58,100,000 US dollars per insured accident. Civil liability insurance amount is 650,000,000 US dollars per insured accident.

The insurance coverage contemplated by the contract conforms to the international aviation insurance practices and to the requirements of the Western lessors. Reinsurance has been provided via CJSC MARSH-Insurance Brokers by the London-based and continental reinsurers with the reliability rating at A and above. The leading reinsurer is Allianz Global Corporate and Specialty AG.

The contract has been concluded for one year.