OREANDA-NEWS. August 28, 2013. IC Allianz renewed its program of property reinsurance for loss resulting from termination of property right (title).

The obligatory reinsurance coverage covers risks accepted by the company under title insurance policies issued to legal entities and private individuals.

The obligatory contract’s limit is USD 6 million.

The reinsurance program has been placed in the international reinsurance market among major reinsurance companies with A-category financial solvency rating: the contract’s leader Hannover Re (AA- S&P) and Allianz SE (AA S&P).