OREANDA-NEWS. May 30, 2011. Ingosstrakh OJSIC branch in Birobidzhan concluded an agreement to insure the future crop of soy beans with Alexander Nikolayevich Larik’s farm holding located in the village of Alexeyevka,

Birobidzhan district of the Jewish Autonomous Region. The total insurance liability limit under the agreement is 22.7 million rubles.

The future crop of soy beans at the area of 2,500 Ha is insured against loss or partial damage as a result of drought, frost, frost-killing, damping-out, hailstorms, sandstorms, earthquakes, avalanches, mudflows, flood and soil over-damping. The insurance agreement is concluded with the use of the

governmental support.

Mr. Larik’s farm holding is Ingosstrakh’s OJSIC regular client since 2005. During this period, 32 agreements were concluded with the holding to insure property, cattle stock and agricultural crop.