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Ingosstrakh  >  About us  >  Major payments

Major payments


One of insurance specifics is that the buyer of an insurance service cannot have an in-depth understanding of the quality of the service when buying it. Whether or not the choice of the insurer is adequate frequently becomes obvious only in the event of actualization of an insurance loss and is determined by the timeliness and size of the indemnity.

In the recent years Ingosstrakh has made two indemnity payments of a records-breaking size for Russia’s insurance history, one in relation to the destruction of Coupon, a satellite owned by the Central Bank of Russia, and the other one for the losses incurred as the result of a fire outbreak in the warehouses of PROTEC, a pharmaceutical distributor.

Ingosstrakh indemnified the loss of Express-A, a telecommunications satellite (US$12.2mln), it paid the loss of SU-30 fighter jet after its crash during the air show in Le Bourge (US$5mln). Ingosstrakh shared in the indemnification of losses incurred during the launch of Proton vehicles from Baikonur. Besides, Ingosstrakh is the only Russian insurer participating in indemnifying 9/11 losses.

Largest Insurance Indemnities  (in US$) 
YEAR INSURED RISK INSURANCE INDEMNITY/ US$
2011 An-148 plane crash in a practice flight near Garbuzovo village, the Belgorod Region. 28 702 023
2011 Collision between Arkaim motor vessel and LU RONG YU fishing vessel in Weihai port, China 910 000
2011 The collision of the “Agios Vartholomeos” motor boat on the port crane and port mooring. The incident took place in the course of mooring operations in the port of Dammam, Saudi Arabia. 3 200 000
2010 Damage to the main engine of the Normandic motor ship. The vessel was insured by   Ingosstrakh OJSIC under the policy of hull insurance, including the risk of loss of freight. 1 106 056
2010 The partial loss of the Indonesian communication satellite PALAPA D as a result of failed launch of the Chinese Long March 3B carrier rocket due to a third stage launcher engine failure, and putting KA into a lower transfer orbit. 2 200 000
2009 The fire at the Snezhnaya Koroleva warehouse on the night of December 25 to 26, 2008 5 760 000
2009 The fire on the premises of LOMO (OJSC) occurring as a result of emergency operation of electric equipment 3 775 000
2009 The Atlantic Leader vessel main engine damage 930 404
2009 Partial loss of Ekspress-AM2 space vehicle of FSUE Kosmicheskaya Svyaz, caused by abnormal functioning of solar batteries 34 216 685
2009 St. Stephan motor ship main engine damage 843 500
2009 Partial loss of summer wheat crop of agricultural CJSC Primorsky (Nukutsky District, Irkutsk Region) 605 620
2008 Total loss of Neftegaz-67 consort ship 3 500 000
2008 Total loss of Rezzak ship 2 700 000
2008 Collision of Dobrush motor ship 2 200 000
2008 Loss of trade stock of OOO Proddostavka caused by fire 1 700 000
2008 Fire in OOO Kora-TK shopping center in Leninsk-Kuznetsky, Kemerovo Region 1 289 000
2008 Explosion in main building of polyethylene compressor production unit of OAO SIBUR-Holding (OOO Tomskneftehim affiliate) caused by discharge of ethylene into atmosphere at adverse weather conditions. Reinsurance payment to the amount of Ingosstrakh’s participation. 1 049 530
2008 Fire damage to building and equipment of Rubezhansky Paperboard Mill.  Reinsurance payment to the amount of Ingosstrakh’s participation. 695 563
2008 Loss of agricultural crop of OOO Tsymlyanskoe (Razguliay Group of Companies) caused by drought. 500 000
2007 Loss of trade stock caused by fire in OOO Vestel CIS TV-set plant in Aleksandrov, Vladimir Region 1 500 000
2007 Bilge and propeller blade damage of APL CORONADO caused by bottom graze 880 000
2007 Total Loss of the Phoenix 800 000
2006 Fire outbreak in the warehouses of PROTEC, a pharmaceutical distributor 75 000 000
2006 OAO Siberia Airlines, payment of insurance indemnity in restitution of the crash of Airbus 310-324 in Irkutsk Airport on July 9, 2006 16 466 216
2006 Destruction of Express AM11 satellite 4 400 000
2006 Full destruction of Blue Ocean vessel 2 500 000
2006 Indemnity of the package transformer failure at Meliti Ahlada Thermal Power Station (Greece) 1 900 000
2006 Failure of telecommunication equipment in ZAO Kyivstar 855 000
2006 Damage of two engines of AN-124-100 RUSLAN quad-jet 774 000
2006 Rescue of Victoria III motor vessel after it took bottom 547 000
2005 Fire in the territory of water sports complex of Crocus International Company.   2 300 000
2005 Wreckage of Sea Trader motor vessel 1 200 000
2005 Fire outbreak on oil tanker Grigory Bugros owned by OAO Volga Oil Tanker Fleet “Volgotanker’   500 000
2004 OAO Irkutskenergo: indemnity of losses incurred as the result of a major hurricane in the Irkutsk Region. The natural disaster damaged several kilometers of transmission lines and hundreds of HV pillars. 2 430 556
2004 General rescue of Idris Bey bulk carrier after it took the bottom with a cargo of insured wheat. 1 500 000
2004 Wreckage of Hera, a vessel that sank with a cargo of coal onboard.   1 200 000
2004 Bulk carrier Kapitonas Gudin, indemnities under P&I 1 100 000
2004 Wreckage of Sprinta vessel 1 000 000
2004 Collision of Sea Rose vessel (Sahmar, Cyprus) with a fish tanker, death of four crew members. 900 000
2003 Settlement of custom duty recovery claims lodged by Russian customs authorities against the Russian International Road Transportation Association (ASMAP) on the grounds of numerous infringement of TIR procedure by Russian road transporters – members of ASMAP between January 1998 and June 2000. The losses were indemnified in 2003. 2 500 000
2003 Antonov-140 jet crash in Iran 1 500 000
2003 Damage of a cargo of frozen fish on Matias Tesen vessel of Sevrybholodflot. 1 100 000
2003 Fire outbreak on a vessel of Polluks fishing company 1 100 000
2003 Wreckage of power generating equipment in a storm during its transportation by sea from Germany to Iraq 900 000
2002 Natural disaster in Peru 9 000 000
2002 Fire outbreak at Samara Metallurgical Plant 7 000 000
2002 Stranding of Proliv Nadezhdy vessel 1 600 000
2001 Fire outbreak in the Central Department Store of Novosibirsk. The fire outbreak resulted from a short circuit in the central switchboard.  The fire destroyed the façade of the building, internal furnishing on all floors and the basement, all communications, shop and utilities equipment and the stocks of goods. The liquidation of the fire lasted almost 28 hours. The fire fighting and the property rescue processes were significantly impeded by extremely low air temperatures of -37 °C. 1 000 000
2000 Wreckage of Express A No 1 telecommunication satellite 12 200 000
2000 Damage of an irrigation system under construction in a natural disaster. 9 000 000
2000 Damage of internal constructions of an office and business center underway construction in Moscow as the result of a man-made accident. 1 900 000
1999 Crash of Sukhoi-30MK jet in Le Bourge. 5 000 000
1999 Ivan Papanin, a motor vessel, crushed into the tanker terminal 3 500 000
1999 The total indemnity upon losses caused by the recovery after the earthquake in Ankara in Stambul where as the result of a major earthquake the buildings of the Russian embassy in Turkey were severely damaged, including old buildings of historic value.  Ingosstrakh and its contractor performed a prompt on-site inspection of the damages caused to the buildings and drew up respective damage certificates. The insurance indemnity was made available in installments in the form of prepayments for recovery operations.   2 800 000
1999 Cargo damage on ZARINA II diesel vessel. 1 300 000
1999 Crash of BE-103 jet in Germany 1 000 000
1999 Wreckage of Volgoneft-248 diesel vessel owned by Transpetro Volga. 900 000
1999 Fire outbreak at Kuznetsky Metallurgical 900 000
1998 Loss of Coupon satellite 85 000 000
1998  Crash of Tupolev-154 jet of Vladavia Airlines near Irkutsk  1 500 000
1997 Loss of freight in an air crash in Irkutsk 56 200 000
1997 Rescue of Ascania Nova vessel after leak in the engine compartment (Ocean Agencies) 2 600 000
1997 Fire outbreak in the engine compartment of Klaipeda vessel. Lithuanian Ocean Company. 1 500 000
1997 Crash of BE-103 air plane during a demo flight in Zhukovsky 1 000 000
1996 Collision of Iliushin-76 jet (Kazakhstan) and Boeing-747 jet (Saudi Arabia) 2 600 000
1995 Complete wreckage of Alexander Star (Bestop Shipping Co.) 2 400 000
1995 Fire outbreak in the main building on the construction site of Multan-2 thermal plant in Pakistan. 2 000 000
1994 Complete wreckage of Mmemd Abashidze, Georgian Ocean Company 4 900 000
1994 Damage of the engine of Nursultan, Anglo-Union Shipping UK. 1 900 000
1994 Complete wreckage of Salvador Allende, Black Sea Ocean Company 1 800 000
1993 Full constructive loss of General Zaimov vessel through to collision of the hull with ice, Black Sea Ocean Company. 1 400 000
1993 Fire outbreak during the construction of refrigerator manufacturing plant STINOL in Lipetsk 1 700 000
1993 Stranding of Nadezhda Krupskaya, Baltic Ocean Company 1 300 000
1992 Full constructive loss of 60th Anniversary of USSR through stranding, Azov Ocean Company 16 200 000
1992 Rescue of Belorussia after it tipped over in the docks, Black Sea Ocean Company 4 500 000
1991 Fire outbreak during the construction of a hospital in Norilsk 2 600 000
1986 Fire outbreak at Tengiz, an oil refining complex in Kazakhstan 1 000 000
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