OREANDA-NEWS. January 13, 2012. Ingosstrakh Insurance Company has renewed the obligatory ship owners' liability reinsurance treaty – subject to the same limit (USD 500,000,000) and structure. Thus, the volume of the ship owners' liability reinsurance treaty with Ingosstrakh Insurance Company remains the highest on the Russian market.

The treaty has a wide coverage, protects against all risks related to insurance of the ship owners' liability, including the responsibility to the crew, liability for cargo, collisions, removal of wrecks, and environmental pollution.

The treaty is placed on the international market, involving leading firms – Arch Syndicate 2012 and COF Syndicate 1036 – having Standard & Poor's A+ rating.