Allianz Insures Liability of Sevzapmetall for 80 Million Roubles
OREANDA-NEWS. March 14, 2012. Allianz-Arkhangelsk branch of the North-Western Directorate of OJSC IC Allianz (ROSNO trademark) has concluded contracts of obligatory insurance coverage of civil liability of CJSC Sevzapmetall for any damage arising from accident during operation of hazardous industrial facilities. The aggregate contractual insurance amount is 80,000,000 roubles, reported the press-centre of ROSNO.
In accordance with the concluded contracts, IC Allianz undertakes to reimburse the damage inflicted to life, health and property of third parties in case of any accident at the hazardous industrial facilities operated by CJSC Sevzapmetall.
Insurance protection applies to eight open pits used for sand and sand-gravel mix production, located in Kotlasskoye, Yarenskoye and Vilegodskoye forestries of Arkhangelsk Region.
The contracts will be valid for one year.
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