investor

Ingosstrakh gets accreditation on insurance operations in India

Friday, 05 April 2013 06:11

Ingosstrakh has become Russia’s first insurance company accredited in India.

The Indian government put Ingosstrakh on the list of insurance companies that are allowed to conduct operations in the republic. This permit expires in five years and can be further extended, representatives of the Russian company said on Thursday.

This accreditation allows ships that obtain insurance in Ingosstrakh easily enter India’s ports. It is especially important soon after India adopted in April 2012 a law banning commercial ships to call at the republic’s ports without insurance coverage for shipowners’ responsibilities.

Under the law ports can receive only ships that have insurance from members of the International Group of Protection and Indemnity Clubs or other insurance companies permitted to operate in India.

Ingosstrakh has been working on the Russian and global market since 1947. It is Russia’s leader in insurance contributions and enjoys the right to conduct all types of insurance operations. Ingosstrakh has its offices and subsidiaries in CIS and non-CIS countries.

NEW DELHI, April 4 (Itar-Tass)

Popular articles

13 October 2011

NPP Kudankulam constructed in india meets...

    NPP Kudankulam, which is being constructed in India with Russian assistance, meets all international safety requirements and the people of Tamil Nadu...
19 August 2011

IAF's Sukhoi jets to be upgraded to fifth...

     India's air superiority Sukhoi-30MKI fighters will soon be converted into 'Super Sukhois' by upgrading them with fifth generation combat jet...
08 August 2011

Kudankulam gets Uranium for next 5 years

       The Kudankulam Nuclear Plant has received uranium fuel bundles from Russia for the next five years as the plant needs 25-30 tonnes of fuel per year...
Emergency phone number only for the citizens of Russia in emergency in India +91-81-3030-0551
Address:
Shantipath, Chanakyapuri,
New Delhi - 110021
Telephones:
(91-11) 26873799; 26889160;
Fax:
(91-11) 26876823
E-mail:
This email address is being protected from spambots. You need JavaScript enabled to view it.
This email address is being protected from spambots. You need JavaScript enabled to view it.