Ingosstrakh will provide voluntary medical insurance (VMI) to over 140 employees of Gedeon Richter pharmaceutical company.

Program includes hospital and dental services, planned and emergency hospital care in the best Russian medical institutions, such as City Hospital 220 of Moscow Committee for Health Care, Medical Center TIM-clinic, branch of Medincenter under Main Department of Services to Diplomatic Corps under Ministry of Foreign Affairs of Russia in Moscow and other Russian cities.

Ingosstrakh and Gedeon Richter cooperate for four years. Last year, approx. 130 company’s employees used medical services covered by policies.

OJSIC Ingosstrakh (www.ingos.ru) operates in international and domestic insurance market since 1947. The company is one of the leaders in the amount of premium from voluntary non-life insurance.

Ingosstrakh has been rated by Standard & Poor’s (ВВ/Positive, or ruAA on the Russian scale), Moody’s Investors Service (Ba2/Positive), Moody’s Interfax Rating Agency (Aa2.ru and RUS-1 on the national scale), and Expert RA (A++).

Total amount of direct insurance and reinsurance premium collected by OJSIC Ingosstrakh, IC Ingosstrakh-M Ltd, and IC Ingosstrakh LMT Ltd for 2005 amounted to Rub 30.9 bln, 53.8% more than in 2004. Claims settled accounted for Rub 13.9 bln. Assets increased 30.4% and totaled Rub 33.1 bln. Equity capital – Rub 6.5 bln as of January 1, 2006.

Ingosstrakh is licensed to perform all twenty insurance classes (insurers’ specialty), stipulated by Article 32.9 of Insurance Law and reinsurance. Company has branches in 182 Russian cities, and over 15 offices and subsidiaries in neighboring and other foreign countries.