OREANDA-NEWS. December 2, 2010. Ingosstrakh paid 2.5 mln rubles to Luch LLC located in Arkhangelskoye settlement, Miloslavsky district, Ryazan region due to the loss of wheat crops.

The winter wheat crops on a total area of 1200 ha were insured against loss or partial loss for the total of 7.9 mln rubles.

Dry weather which settled in the region last summer resulting in partial loss of crops constituted the insured event. Based on the results of the expert appraisal performed to assess the damage, the event was recognized as an insured event and Ingosstrakh paid an indemnity to the entity.

The insured crops are pledged to Rosselkhozbank to secure the obtained loan.