OREANDA-NEWS. December 2, 2010. Ingosstrakh paid 2.3 mln rubles to Agrofirma Istok LLC located in Maloye Batyrevo settlement, Batyrevsky district, Chuvash Republic due to the spring wheat crops loss.

The spring wheat crops on a total area of 1,200 ha were insured against loss or a partial damage for a total amount of 7.9 mln rubles.

The insured event was a draught of summer 2010 which resulted in the partial harvest loss. An An expert appraisal was required to assess the damage, the appraisal recognized the event as an insured event and Ingosstrakh paid an insurance indemnity to the agricultural enterprise.

Ingosstrakh and Agrofirma Istok LLC have been cooperating in agroindustrial insurance since 2010.