OREANDA-NEWS. On June 05, 2007 the Board of Directors of OJSC Gazprommedstrakh, part of the SOGAZ Insurance Group, has held a meeting; at it, the Board considered the company's performance in 2006 and passed a decision to acknowledge the performance of OJSC Gazprommedstrakh in 2006 as deserving a positive assessment, since the targets set have been exceeded, reported the press-centre of SOGAZ.

The amount of insurance premium collected by OJSC Gazprommedstrakh totalled 15,356 billion roubles, which is 178% higher than the same figure for 2005. The total number of obligatory medical insurance policyholders reached 8,864 million in 2006. The growth rate for policyholder numbers was 133% in 2006.

The Company's regional network included 41 new subdivisions; as of late 2006 the regional network of the Company already comprised 278 subdivisions operating in 46 constituent subjects of the Russian Federation. The company won 23 tenders for selecting medical insurance organisations for the right to provide obligatory medical insurance services in Russian regions. The most important tenders were won in the regions of Astrakhan, Bryansk, Irkutsk, Sakhalin, Smolensk and Tyumen and the Republics of Buryatia and Mordovia.

By the decision of the Shareholder of OJSC Gazprommedstrakh (OJSC Sogaz), the annual report and the balance sheet of OJSC Gazprommedstrakh for 2006 were approved. CJSC PricewaterhouseCoopers Audit was approved as the Company's auditor.

The following persons were elected to the OJSC Gazprommedstrakh Board of Directors:
Vadim Eduardovich Yanov, Chairman of the OJSC SOGAZ Management Board;

Victor Vasilievich Ilyushin, a member of the Management Board and head of the Department for Work with Russian Regions, OJSC Gazprom;

Aleksei Ivanovich Leonenko, Deputy Chairman of the OJSC SOGAZ Management Board;

Vladimir Mikhailovich Nosov, a member of the Management Board and Executive Director of OJSC SOGAZ;

Sergei Viktorovich Okhotnikov, Deputy Chairman of the OJSC SOGAZ Management Board;

Tamara Yurievna Smirnova, Personal Insurance Director, OJSC SOGAZ;

Dmitry Valerievich Tolstov, Director General of OJSC Gazprommedstrakh.