OREANDA-NEWS. January 12, 2011. Ingosstrakh OJSIC paid 114.548 million rubles to Sady Pridonya PLC, located in Gorodischensky district of the Volgograd region, as a compensation for the crop damage of the fruiting garden from frost, hail and drought.

The apple crop on the total area of 576 hectares was insured against loss or partial loss for an overall amount of 194.912 million rubles.

The insured events were frost, hail and drought, which led to a partial loss of the fruiting garden crop. Ingosstrakh OJSIC settled the loss, and the agricultural enterprise received a full compensation.

The branch has been cooperating with Sady Pridonya PLC since 2007 in relation to the following types of insurance: hull insurance, compulsory motor third party liability, mortgage property insurance, travel insurance.

Sady Pridonya PLC is the largest fruit producer and processor in the Southern and Privolzhsky federal districts of the Russian Federation. Today, Sady Pridonya PLC is a National Food Group, which consists of 11 companies – agriculture, processing, production and sale enterprises.

Gardening enterprises belonging to Sady Pridonya PLC are located in three regions of the Russian Federation – Volgograd, Saratov and Penza.