News

31.05.2011: The process of merger of the Eastern reinsurance company into the IC "Megapolis" was completed by setting up of the renamed company - the Eastern Insurance and Reinsurance Company.
16.05.2011: The increase of the authorized capital up to 600 million rubles has been registered.
22.11.2010: The aggregate premium of The Eastern Reinsurance Company and Insurance Company "Megapolis" amounted to 936.644 million rubles at year-end 2010.

Treaty Programmes

Property, CAR/EAR Excess of Loss Treaty

Type	Obligatory, Non-Proportional, on Excess of Loss basis
Form	Per Risk Excess of Loss
Class of Business
1. Corporate Property 2. Private Property 3. Business Interruption written in conjunction with Property Business 4. Electronic Equipment Business 5. Construction All Risks (CAR) /Erection All Risks (EAR) 6. CAR /EAR Third Party Liability 7. Machinery Breakdown
Additionally Covered Inward Obligatory Proportional Treaties Onshore Oil, Gas and Energy risks Bridges and tunnels on prior agreement Fixed Property around the launch site Inward Facultative risks on Non-proportional basis with fixed priority less than 20% of sum insured Risks written on PML base
Limit	RUR 300 000 000.00
Territorial Scope	Russian Federation and former USSR countries, Eastern and Central Europe; Asia by special acceptance
Applicable Law and Jurisdiction	Legislation of Russian Federation
Seat of Arbitration	Moscow , Russian Federation
Security	100,00% within Lloyd’s syndicates Leader: Lloyd’s Syndicate No. 4444 CNP Canopius

Marine Hull and Cargo Excess of Loss Treaty

Type	Obligatory, Non-Proportional, on Excess of Loss basis
Class of Business
• Cargo Insurance • Marine Hull Insurance and P&I
Limit	USD 2 500 000.00
Territorial Scope	Worldwide
Applicable Law and Jurisdiction	Legislation of Russian Federation
Seat of Arbitration	Moscow , Russian Federation
Security	28,57% within XL Re Europe Ltd. Bermuda, UK Branch - The Leader 71,43% within Certain Lloyd's Syndicates.