01 February 2011, Tuesday, 14:02

Insurance market to be developed in Bashkiria

author: Rasul Hamidullin

On Tuesday, February 1, the President of Bashkiria Rustem Khamitov held a protocol meeting with the General Director of JSC “Insurance Company ROSNO” M-r Chopra. In opinion of the President RB it is necessary to begin developing the insurance market in the region.

M-r Chopra said Bashkortostan was considered a rather promising Russian region for development of this branch.

“I see great opportunities for development of all insurance segments in the Republic” – he said – “I’m happy this direction meets the approval of the Republican leadership. We offer several kinds of insurance, including medical and fire insurance. All abovementioned is aimed at the perfection of vital activity of our citizens. We also ready to offer the Islamic insurance and it is different from the standard insurance since it meets the Islamic canons”.

“We were discussing various directions in insurance with the President of Bashkiria, which we’d like to start developing in your Republic” – the General Director of “ROSNO” said – “and these prospects allow making favorable conditions for economic and social life of the region”.

The insurance company “ROSNO” is established in 1991 and considered one of the biggest Russian universal insurance companies. More than 130 kinds of free-will and obligatory insurance are offered to its clients. The regional “ROSNO” network consists of 88 divisions, united on the territorial basis into 8 directorates and 383 agencies all over Russia.