Reinsurance

The Reinsurance protection of European Insurance Alliance is realized as on obligatory as on faculttive bases. The reliability of the Insurance Agreements, which are concluded in our Company, is determined with the Reinsurance programm selected carefully for big and twinned risks.

The main foreign reinsurance partners of our Company are:

• Kölnische Rückversicherungs-Gesellschaft AG Gen Re (Germany), (S&P — AAA)
• Hannover Re (Germany), (S&P — AA-)
• Munich reinsurance company — Munich Re (Germany), (S&P — AA-)
• Schwarzmeer und Ostsee Versicherungs-aktiengesellschaft (SOVAG) (Germany), (A. M. Best — В++)
• ACE (Germany), (S&P — A+)
• Transatlantic Reinsurance Company (USA), (S&P — AA-)
• SCOR (France), (A. M. Best — A-)
• ТТ Club (Great Britain), (A. M. Best — А-)
• SIJSC «Ingosstrakh» (Russian Federation), (S&P — ВВ-).
• OJSC «Russian reinsurance company» (Russian Federation), (A.M.Best — В+)

THE OBLIGATORY REINSURANCE PROGRAMS IN THE COMPANY ARE THE FOLLOWING:

1. The Property Treaty on the bases of the excess of loss with Kölnische Rückversicherungs-Gesellschaft AG GenRe (S&P AAA)

2. The Cargo Treaty of quota proportional reinsurance with the Munich reinsurance company (S&P AА-)

3. The MOD Treaty on the bases of the Surplus with the Munich reinsurance company (S&P AА-)

4. The CMR Treaty of cargoes and shipping agents of quota proportional reinsurance with SIJSC «Ingosstrakh» (Russian Federation) (S&P ВВВ-)

5. The Accident Treaty on the bases of the Surplus with the OJSC «Russian reinsurance company» (A.M.Best — В+)

6. The Losing rights for Property Treaty of quota proportional reinsurance with the SIJSC «Ingosstrakh» (S&P ВВВ-).