OREANDA-NEWS. December 15, 2011. In January—September 2011 the total volume of direct insurance premiums of the Nizhny Novgorod branch of Ingosstrakh Insurance Company amounted to 485 mln. rubles, which is a 33% increase on the same period in 2010.

Insurance premiums for voluntary non-life insurance amounted to 385 mln. rubles (a 36 % increase), including the revenues from personal insurance — 42 mln. rubles (a 7 % increase), from property insurance — 337 mln. rubles (a 40 % increase), from liability insurance — 6 mln. rubles (a 50 % increase). 99 mln. rubles in premiums (a 21 % increase) were collected from compulsory motor third party liability insurance (OSAGO).

During the first 9 months of 2011 payments made by the Nizhny Novgorod branch of Ingosstrakh Insurance Company under direct insurance amounted to 268 mln. rubles, including payments under voluntary personal insurance — 19 mln. rubles, under property insurance — 183 mln. rubles, and under voluntary liability insurance — 1 mln. rubles. Payments under compulsory motor third party liability insurance (OSAGO) amounted to 64 mln. rubles.

The most rapidly developing business lines in the Nizhny Novgorod branch of Ingosstrakh Insurance Company during the specified period were motor own damage insurance (CASCO) and agricultural insurance.