OREANDA-NEWS. By its Order No. OD-1487, dated 29 June 2015, the Bank of Russia took a decision to appointa provisional administration to the open joint-stock company Profile Re Reinsurance Company (registration number in the unified state register of insurance agents is 3486, location: 3 bldg. 2, Kapranova pereulok, 123242 Moscow, TIN 5407222768; PSRN 1025403199117, hereinafter, the Company).

The decision to appoint the provisional administration was taken due to the suspension of the Company’s reinsurance licence (Bank of Russia Order No. OD-1157, dated 26 May 2015).

The powers of the executive bodies of the Company are suspended.

Mikhail V. Storozhuk (mailing address: P.O.Box 7, 121467 Moscow), member of the non-profit partnership Self-Regulatory Organisation of Receivers of Natural Monopoly Entities of the Fuel and Energy Complex (13/2 bldg.1, Novaya Basmannaya Street, 107078 Moscow) has been appointed as a head of the provisional administration.