OREANDA-NEWS. March 28, 2012. From the beginning of the year 2012 Ryazan Branch of Ingosstrakh Insurance Company has signed 38 new contracts of compulsory insurance of dangerous facilities owners civil liability for damages resulted from an emergency at a dangerous facility in accordance with the Federal Law № 225-FZ dated July 27, 2010, which came into force on January 1, 2012.

The contracts were concluded with the ten largest industrial enterprises of the Ryazan region, having under their jurisdiction hazardous production facilities subject to compulsory insurance. The sum insured under all contracts amounts to 485 million roubles.

The License for this type of activity was obtained by Ingosstrakh Insurance Company on December 15, 2011, in accordance with the decision of the Federal Service on Financial Markets. 13-years experience of Ingosstrakh Insurance Company in the area of insurance of civil liability of the organizations operating hazardous industrial facilities under the valid legislation, as well as the membership in the National Union of Insurers, were the grounds for the issuance of the license.