OREANDA-NEWS. November 30, 2010. The Crimean Branch of Allianz Ukraine Insurance Company made a voluntary property insurance agreement with Crimea TITAN CJSC, the biggest Eastern European titanium dioxide producer. The amount insured under the agreement constituted UAH 60,367,638. Insurance coverage was provided to elements of construction of the workshop “TITAN-1”, the technological process management automated system, as well as buildings and transmission devices of the enterprise. Insurance coverage under the agreement includes the following risks: fire; stoke of lightning; explosion; whirlwind; hurricane, typhoon, flood, prolonged rain, pouring rain; earthquake; landslide; avalanche; snow avalanche; smoke effect; damage by water from sprinkler, drencher systems and water supply, heating and sewage systems; burglary; robbery or openly stealing; intended damage or destruction of property; hooliganism. Validity term of the agreement - 1 year.
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