OREANDA-NEWS. August 19, 2011. Petropavlovsk-Kamchatsky Ingosstrakh Insurance Company Branch has insured vessel “Kamchatka” owned by LLC  PO Kamagro.

Two policy agreements have been executed with the company, i.e. hull and spares all risk insurance (KASKO) and owners’ marine protection and indemnity insurance. KASKO in respect of total loss and damage effective till 2014 for Roubles 110 mln., with the total limit of owners’ indemnity of USD 15 mln. in respect of all claims under each occurrence of loss.

Ingosstrakh has also provided the Insured with the “Blue Card” as required by the International Convention for the Prevention of Pollution from Ships of 2001 in respect of bunker oil.

Ingosstrakh Insurance Company is the regional leader in marine insurance.

Petropavlovsk-Kamchatsky Branch and LLC  PO Kamagro have been cooperating in the insurance of vessels and ship owners’ indemnity and protection since 2006.

LLC  PO Kamagro is among major ship owners in the Kamchatka Krai, being a wholesale trader in fish, seafood and canned fish. Ingosstrakh Insurance Company has been working on international and local markets since 1947. The company is a national leader by the total amount of insurance premium in voluntary insurance sector (other than life insurance). Ingosstrakh Insurance Company is authorized to render all types of insurance services (in acc. with insurance company specialization) specified in cl. 32.9 of the Insurance Law of the Russian Federation, as well as reinsurance Services. The company is present in 220 cities, towns, and settlements of the RF. Branches and subsidiaries of the insurer work in foreign countries and in former USSR countries.