OREANDA-NEWS. May 21, 2012. On May 10 this year, an Annual General Meeting of Ingosstrakh Insurance Company shareholders took place in Moscow. At the meeting, a decision was made to leave the sum of 2,316.8 mln rubles (100 % of net profit) undivided as ploughed-back profit. The participants of the annual meeting also resolved not to effect the payment of dividend upon shares for 2011.The shareholders of Ingosstrakh Insurance Company have elected the following members of the Board of Directors:

1.     Oleg S. Vikhansky;

2.     Mikhail Yu. Volkov;

3.     Andrey M. Elinson;

4.     Artem S. Leontiev;

5.     Svetlana A. Sokolova;

6.     Valery A. Khokhlov;

7.     Vera I. Kurochkina;

8.     Victoria A. Petrova;

9.    Oleg N. Mozgunov.

Ernst & Young LLC  (Moscow) was appointed the auditor for Ingosstrakh Insurance Company in 2012. The participants of the shareholders’ meeting also elected members of the Revision Commission; approved the annual performance report of Ingosstrakh Insurance Company for 2011, balance sheet and profit-and-loss report for the previous year.

The shareholders resolved to approve interested transactions. Moreover, the meeting’s participants approved a list of associations of business entities, of which Ingosstrakh Insurance Company intends to be a part. The list includes International Association of Space Activities Participants and Non-Commercial Partnership “Interregional Association of Insurers”.