OREANDA-NEWS. June 05, 2008. The jury of the Golden Salamander Prize has awarded victory in three nominations to the companies of ROSNO Group. OJSC ROSNO has been named the Most Media-Friendly Company of the Year, and it has also been awarded for the "Development and Popularization of Insurance" in the category "Scientific Edition". Insurance CJSC Medexpress (St.Petersburg) has won the nomination "Voluntary Medical Insurance", reported the press-centre of ROSNO.

Golden Salamander is an annual competition, whereby representatives of the professional community, including the insurers themselves, determine the best of the best. The project has been organized by the company "Finansovyj Mir". The Jury of the Golden Salamander comprises representatives of insurance and reinsurance companies, professional associations of insurers, Russian economists, and mass media.

Golden Salamander is a public award supported by the Federal Insurance Supervision Department, the RF Duma’s Credit Institutions and Financial Markets Committee, the RF Ministry of Finance, and the RF Ministry of Economic Development and Trade.

The fifth solemn awarding ceremony was held in the Reception House of the RF President’s Administration.

The title of the "Most Media-Friendly Company of the Year" has been awarded to ROSNO for the fourth time. This nomination fully reflects the values of the ROSNO Group, which are based on customer focus. For many years, ROSNO has been demonstrating its financial stability and transparency. ROSNO is the first Russian insurer to publish its financials under the international standards (IFRS). The company’s financial stability rating assigned by Moody’s is the highest among Russia’s insurance companies. Furthermore, ROSNO is an information-intensive company, one of the recognized leaders in terms of information, whose openness and efficiency has been acknowledged by the major Russian business media.

The prize in the nomination "Development of Insurance" has been awarded for the unique monograph "Theory and Practice of Risk Insurance". This book was published in 2007 under the supervision of one of the leading experts of the Russian insurance market, Deputy CEO of ROSNO Mr. Sergey Ivanov, together with Mr. Sergey Golubev, Ms. Lyudmila Chernaya, and Ms. Natalya Sharafutdinova.

This book is mainly intended for the insurance business practitioners; yet the level of material presentation has made it accessible to the wide range of readers with no professional qualification in insurance, including employees of insurant companies authorized to take decisions on the issues related to insurance protection.

Insurance CJSC Medexpress, subsidiary of ROSNO, took part in this competition for the second consecutive year. Last year, it was named "Medical Company of the Year" and became the leader in "Insurance Reserves Management". The award received by Medexpress in 2007 in the nomination "Voluntary Medical Insurance" fully corresponds to the company’s strategy of strengthening its leadership in the North-Western region.