Ingosstrakh

IPJSC Ingosstrakh (Russian: СПАО «Ингосстра́х») is one of the major insurance companies of Russia, insurance public joint-stock company. Headquartered in Moscow, Russia.

Ingosstrakh is the legal successor of the Chief Agency of Foreign Insurance of the USSR founded in 1947. In 1972 transformed to the stock company (100% government shares) and in 1992 it went private.

Exploration and production

Good business standing of Ingosstrakh was confirmed by the International rating agency Standard & Poor’s: the Ingosstrakh long-term credit rating of the contractor and the financial strength rating is at the level "BBB-", national scale rating is "ruAA+", rating forecast is "Stable". The Russian rating agency "Expert RA" reaffirmed Ingosstrakh’s highest financial stability rating at A++. For the first time the insurer received such rating in 2002.

Licenses to provide all types of insurance and reinsurance specified in the Russian Federation Law On Insurance in the Russian Federation allow the company to provide comprehensive protection of financial interests of its clients. The company’s reinsurance partners include leading international companies: Allianz, AXA, CCR, Gen Re, Hannover Re, Lloyd’s syndicates, Munich Re, Partner Re, QBE, Scor, Swiss Re, Transatlantic Re, XL Re etc.

Ingosstrakh’s services are available everywhere in the Russian Federation thanks to its wide regional network, which includes 83 branches. The Company’s offices operate in 220 Russian cities.

Moreover, Ingosstrakh holds shares in companies operating in the CIS and foreign countries. INGO international insurance group includes the companies in which Ingosstrakh holds at least a 50% share. Currently 8 companies abroad and 8 companies within Russian Federation are members of INGO.

Five representative offices of Ingosstrakh operate in the CIS and foreign countries. The Company’s offices operate in Azerbaijan, Kazakhstan, Ukraine, India, China and Uzbekistan.

External links

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