FAS Makes Ingosstrakh Reduce Yugoria’s Shareholding

The Federal Antimonopoly Service (FAS) approved of Ingosstrakh’s petition to buy a 100% shareholding in Yugoria Insurance Company that has to go private in August, FAS Deputy Head of Financial Markets Control Department Irina Smirnova told Prime. ‘A petition placed by Ingosstrakh’s daughter company InVest-Polis will be approved in four days, too. Both companies are members of one group and face the same risks,’ she added. Smirnova also noted no other applications for the purchase of Yugoria’s shares had been submitted to the FAS. Under the Government of Khanty-Mansiysky Autonomous Region

November 6, 2013. Yugoria State Insurance Company is now down to the 16th position in the rating of the third party only insurance for car drivers in the nine months of 2013; the rating was carried by Prime Insurance, a web portal. In the ranking that was compiled on the basis of data collected in the three quarters of 2012, however, the company was given the 14th position. Yugoria has signed 335,000 contracts since the beginning of 2013 compared with 386,000 contracts last month. On average, the price of a policy dropped from 3,400 RUR to 3,300 RUR. In 2013 so far, the insurer paid 846m RUR

Energozaschita Insurance Broker JSC conducted a number of tenders for property and private insurance agreements with power generating companies comprising RAO UES of Russia. Ingosstrakh insurance company won the tender in the following categories: - voluntary medical insurance, insurance against accidents and diseases for KolymaEnergo, MagadanEnergo, and YakutskEnergo; - civil liability insurance for entities using dangerous production facilities and waterworks for KolymaEnergo, MagadanEnergo, YakutskEnergo, AmurEnergo, Verkneye-Mutnovskaya Power Plant, and GEOTHERM JSC; -obligatory car

Energozaschita Insurance Broker JSC conducted a number of tenders for property and private insurance agreements with power generating companies comprising RAO UES of Russia. Ingosstrakh insurance company won the tender in the following categories: - voluntary medical insurance, insurance against accidents and diseases for KolymaEnergo, MagadanEnergo, and YakutskEnergo; - civil liability insurance for entities using dangerous production facilities and waterworks for KolymaEnergo, MagadanEnergo, YakutskEnergo, AmurEnergo, Verkneye-Mutnovskaya Power Plant, and GEOTHERM JSC; -obligatory car

Energozaschita Insurance Broker JSC conducted a number of tenders for property and private insurance agreements with power generating companies comprising RAO UES of Russia. Ingosstrakh insurance company won the tender in the following categories: - voluntary medical insurance, insurance against accidents and diseases for KolymaEnergo, MagadanEnergo, and YakutskEnergo; - civil liability insurance for entities using dangerous production facilities and waterworks for KolymaEnergo, MagadanEnergo, YakutskEnergo, AmurEnergo, Verkneye-Mutnovskaya Power Plant, and GEOTHERM JSC; -obligatory car