OREANDA-NEWS. June 24, 2009. An annual general meeting of shareholders of OJSC Insurance Company Sheksna was held in Cherepovets, reported the press-centre of SOGAZ.

At the meeting Anatoly Sokolov, General Director of OJSC IC Sheksna presented a report on the Company’s results for 2008.

The report stated that last year the Company achieved all main goals set by its shareholders. The company maintained the leading position among the insurers of the North-West Federal District (the first place in voluntary health insurance, the second place in insurance of legal entities property, the sixth place among the largest North-West Federal District insurers for all insurance types (except reinsurance)). The total insurance premium collected by OJSC IC Sheksna amounted to RUR 1.6 billion, adjusted losses totaled to RUR 830 million. The total loss amounted to 52 percent. Besides, in 2008 OJSC IC Sheksna opened branches in Perm, Petrozavodsk, and Syktyvkar; the company now has 18 branches. Their share in Sheksna collections amounted to 43 percent. The company’s net profit for 2008 was RUR 2.9 billion.

Shareholders of OJSC IC Sheksna approved the company’s 2008 annual report, accounting balance-sheet, and profit and loss statement. A resolution was passed neither to accrue, nor to pay dividends for 2008. Net profit of OJSC IC Sheksna remains at the company’s disposal.

Shareholders of OJSC IC Sheksna elected seven members to form a new Board of Directors of the company. The following people were elected members of the Board of Directors: Vadim Yanov, Chairman of the SOGAZ Management Board; Aleksey Leonenko and Sergey Okhotnikov, Deputy Chairmen of the SOGAZ Management Board; Vladimir Nosov, Executive Director and Member of the SOGAZ Management Board; Valery Valandin, Chief Accountant of OJSC SeverStal; Anatoly Sokolov, General Director of JSC IC Sheksna; and Nikolay Mikheev.

As OJSC IC Sheksna joins SOGAZ Insurance Group, the meeting of the company’s shareholders passed a resolution to rename it OJSC IC SOGAZ-Sheksna.

After the general meeting of shareholders was over, the Board of Directors of OJSC IC Sheksna held a meeting where Vadim Yanov, Chairman of the SOGAZ Management Board, was elected Chairman of the company’s Board of Directors.