OREANDA-NEWS. August 23, 2012. The Yuzhno-Sakhalinsk branch of Ingosstrakh Insurance Company has insured the vehicle of Midglen Logistic Sakhalin under hull coverage 31. The limit of liability under the agreement amounts to 39 m rubles.

The Yuzhno-Sakhalinsk branch of Ingosstrakh Insurance Company and Midglen Logistic Sakhalin have been cooperating since 2010.

OJSIC Ingosstrah is one of the major insurance companies of Russia, Opened joint-stock insurance company. Headquartered in Moscow, Russia.

Ingosstrah is the legal successor of the Chief Agency of Foreign Insurance of the USSR founded in 1947. In 1972 transformed to the stock company (100% government shares) and in 1992 it went private.

Good business standing of Ingosstrakh was confirmed by the International rating agency Standard & Poor’s: the Ingosstrakh long-term credit rating of the contractor and the financial strength rating is at the level "BBB-", national scale rating is "ruAA+", rating forecast is "Stable". The Russian rating agency "Expert RA" reaffirmed Ingosstrakh’s highest financial stability rating at A++. For the first time the insurer received such rating in 2002.