Ingosstrakh Paid Insurance Indemnity to Agricultural Producer
OREANDA-NEWS. January 10, 2012. Ingosstrakh Insurance Company paid 1.3 bn. rubles to Y.V. Inkin, an individual entrepreneur, head of the peasant farming enterprise in Romanovsky District of Saratov Region due to the harvest shortfall.
Winter wheat output yield on total area of
The insured events were soil drought and frost-killing. A survey was needed to establish the extent of damages, based on the results thereof occurrence of loss was recognized, and Ingosstrakh Insurance Company has paid insurance indemnity to the agricultural producer in accordance with the insurance contract.
The insured harvest was subject of pledge of the Saratov Regional Affiliate Branch of Rosselkhozbank JSC in the framework of the credit facility obtained.
Ingosstrakh Insurance Company and E.V. Inkin IE have been cooperating in the sphere of agro-industrial insurance since 2010.
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