OREANDA-NEWS. December 26, 2011. Ingosstrakh Insurance Company renewed its contract of outward reinsurance, increasing its limit up to USD 225 million. Thus the limit of Ingosstrakh’s cargo reinsurance contract remains the highest in the Russian market.

The contract has a wide coverage and protects against all risks of cargo insurance, including risks of transporting various property, rough diamonds, cash, military equipment, as well as covers the insurance of exhibitions on the "from nail to nail" basis, that is for the whole time-span of shipping and exhibiting cultural values.

For 93.5 percent, the Contract is placed with Lloyd's syndicates (having ratings no less than A+, according to S&P). The leading underwriter is Lloyd's Cathedral (No. 3010).