UNITY RE PAID 25 000 000 RUB CLAIM TO SOGAZ.

At the beginning of June Unity Re Ltd. paid the first intermediate payment to
SOGAZ as a settlement of a severe loss.

The claim was paid under a facultative reinsurance policy through the
insurance broker Willis CIS. This loss occurred as a result of severe accident
on a petrochemical plant “Sibur-Kstovo”. On 24th of December 2014 after a
furnace puff the furnace-wall tubes, boiler steelwork and boiler house were
partially destroyed.

The claim amount payed by Unity Re was 25 000 000 RUB. It was the first
intermediate payment under this loss.
  
In accordance with its ordinary course of business Unity Re remitted the
reimbursement within several days after a receipt of necessary set of
documents.

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

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