OREANDA-NEWS. June 09, 2011. OJSC Transsiberian Reinsurance Corporation Central Bureau (Krasnoyarsk) paid reinsurance indemnity in the amount of RUB7.8 million to JSIC "Zashchita-Nakhodka" (Nakhodka, Primorski Krai) under vessel reinsurance. Risk was taken under facultative contract concluded by Corporation’s Far Eastern Bureau (Nakhodka).

Transport refrigerator ship "Labrador" was thrown on the rocky shoal of the island Ityrup (Greater Kuril Ridge) under the conditions storm on 22 March, 2010. It was considered the complete constructive loss of the vessel as a result of suffers damages. The total amount of the loss amounted to RUB25.2 million. Because of significant amount of loss, Corporation’s Central office was engaged in the settlement according to the internal documents of Transsib Re.

OJSC Transsib Re made payment of its share in the amount of 7 813 506 rubles after receiving a full package of documents. JSIC "Zashchita-Nakhodka" expressed its gratitude to Transsib Re’s team for operating decisions made  in order to settle the loss and on time repayment of reinsurance indemnity.