Ingosstrakh Insuance Company offer P&I cover predominantly for vessels of up to 5,000 gross tons although will consider dry cargo vessels of up to 20,000 gross tons. P&I limits of liability can be made available, if and when required, up to USD 1 billion.
It is headquartered in Moscow, with offices across Russia and also representative offices in Azerbaijan, Kazakhstan, Ukraine, India, China and Uzbekistan.
Ingosstrakh has maintained stable annual premium income, but has experienced churn in both the type and size of tonnage insured year-on-year.
53% of Ingosstrakh's portfolio consists of Tugs, Barges and General Cargo vessels with the majority of the tonnage originating from Russia.