The Russian National Reinsurance Company (RNRC) ended 1H2017 with reinsurance premiums of RUB 3 billion, over 6 thousand concluded contracts and assets of RUB 25 billion, Nikolay GALUSHIN, President of company stated today.

Speaking at the Russian Insurance Summit 2017, in Saint-Petersburg, GALUSHIN has presented the main coordinates of the RNRC's activity:

• RNRC's investment portfolio consists in proportion of 99% in state bonds;
• The company has been assigned a rating from national rating agency - ACRA and also international rating from FITCH;
• Up to the present moment 110 claims were reported to RNRC;
• Aiming to be a professional and innovative reinsurer, RNRC responds in 24 hours to any business inquiry;
• The company has launched a website in 3 languages, and is also preparing statistical reports on the Russian reinsurance market.

As for the future, according to Nikolay GALUSHIN, RNRC's international portfolio is set to reach up to RUB 5 billion until 2021.