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Company News

Private joint-stock company TAS Insurance Group (TAS IG (private)) signed an obligatory property reinsurance agreement with Munich Reinsurance Company (Germany) for 2010. The treaty capacity is UAH 75 million. The classes of insurance covered by the treaty are property and engineering. including third-party liability.

Also, the reinsurers under the obligatory property reinsurance program are Hanover Reinsurance Company (Germany) and Polish Reinsurance Company.

Besides, TAS IG (private) concluded cargo and marine reinsurance agreement with Turkey headquartered Reinsurance Company Milli Re and renewed cargo and marine agreement reinsurance agreement signed by and between the Polish Reinsurance Company. The capacity of the program makes up $2 mln.

TAS IG signed motor own damage reinsurance agreements with Polish Reinsurance Company and Russian Reinsurance Company. The capacity of the program is $250,000.

Our company renewed personal accident reinsurance agreements. The reinsurers under that program are Polish Reinsurance Company (Poland), Russian Reinsurance Company (Russia) and reinsurance company Sava Re (Slovenia) The capacity of the program equals UAH 5.6 mln.

“Our company has been co-operating with reinsurance companies of global renown for many years. Our co-operation ensures the stability of loss payments to our customers,” Dmytro Grytsuta, Chairman of the Board of TAS IG, said.