OREANDA-NEWS. On 20 August 2008 the Russia Insurance Union, a universal insurer, announced it is eying entrance to the Ukrainian and Azerbaijani markets.

The company said it is looking at purchasing local insurers.

Russia Insurance Union ranked #15 in the RBC rating of the largest Russian insurers in 1H08: the company’s general premiums written amounted to USD 187 mln, claims paid totaled USD 83.8 mln.