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UIC-Reinsurance Department

Office 410, bld. 1, 23 Lesnaya str., Samara, Russia
32a Khoroshevskoe shosse, Moscow, 123007


March 11, 2014 - Revised data: 138.239 million rubles inwards reinsurance premiums

According to the revised data, the premiums of inward reinsurance operations in 2013 amounted to 138.239million rubles(47.2% increase, in 2012, the same figure was 93.899 million rubles.). Paid losses amounted to87.158 million rublesthe loss ratio - 63%.

UIC vice-president Natalia Lisina says: almost 50 percent of increase in premiums for inward reinsurancecontracts is due to the activation of UIC in the promotion of reinsurance servicesaccess to new marketsthe opening of the Management Board in Moscow, which deals with reinsurance activity as well and having in its staff professionals in this sphere .