OREANDA-NEWS. On 18 August 2008 was announced, that according to preliminary statements, the aggregate written premium collected in 1H 2008 under direct insurance contracts by the branch of Ingosstrakh in Novosibirsk amounts to RUR195.7mln, which is 30% higher than in 1H 2007.

The size of written premium in voluntary insurance other than life insurance is RUR 174.1mln (+30.6%), including RUR 37 mln (10 times higher) in private insurance, and RUR 135.8 mln (+ 31,6%) in property insurance, while premiums in liability insurance amounted to RUR1.3mln. The size of written premium in compulsory civil liability motor vehicle insurance is RUR 21.65 mln (+ 25.6%).

The payments made by IJSC Ingosstrakh in Novosibirsk under direct insurance contracts in 1H 2008 amounted to RUR 79.8 mln, including RUR 5.1mln in voluntary private insurance, and RUR 57.7 mln in property insurance. The total of compulsory civil liability motor vehicle insurance payments made amounts to RUR 16.95mln.

‘In the first half of the year Ingosstrakh managed to significantly boost its premiums in the private insurance segment, where the premiums increased ten times, - says Dmitry Shevchenko, Director of the Novosibirsk Branch of IJSC Ingosstrakh. – This is primarily caused by the efficiency performance of the new voluntary health insurance section that we established at the end of the previous year.’

The branch of IJSC Ingosstrakh in Novosibirsk was originally a representative office of Ingosstrakh which started its operation in 1996, and at the end of 2001 it was transformed into a branch. The branch covers Novosibirsk and all populated areas in the region, including Berdsk, Iskitim, Cherepanovo, Barabinsk, Tatarsk, Kuybyshev, Karasuk, Chulym, Kargat and other.