TWO CLAIMS FOR OVER 0,3M USD PAID IN SEPTEMBER

In the second decade of September, 2009 Unity Re paid two significant claims for
a total amount of over 300 000 USD.

The first recovery, for over 127 000 USD, was paid to one of Unity Re’s Vietnam
partners under a treaty account placed by Malakut broker. The loss – destruction
of cargo during marine transportation – occurred in March, 2008.

Another 180 000 USD Unity Re paid to Russian Insurance Center for the crash of
Su-35 military aircraft in Far East region in April, 2009.

These claims became the second largest couple paid by Unity Re in September,
2009: recently, in the beginning of the month the reinsurer paid two large claims
for a total amount of over 350 000 USD (aircraft crash, Sogaz insurance group;
title insurance, Stolichnaya insurance group).

In general, for 1H 2009, gross claims paid by Unity Re for the period were
150,2M RUR (~5,0M USD). This amount of paid claims refered to 643 individual
settled losses where 14 paid claims exceeded 3,0M RUR (~0,1M USD) each.
Aggregate loss ratio became 37%, i.e. similar to the previous periods

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Last modifeid 01/01/1970 03:00:00 AM

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