Ingosstrakh Prolonged DCC Insurance with USD 50 mn Coverage for 2011
OREANDA-NEWS. November 23, 2010. 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 participant, under constituent documents and concluded agreements, i.e. clearing activities and related services, safekeeping of securities other than depository activities.
Detailed information on the insurance policy is available in the Risk Management section of DCC web-site.
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