Insango has concluded two contracts for ship insurance and two contracts for shipowners' liability insurance

On May 27, 2025, Insango, an NGO, concluded an insurance contract for two vessels. The insurance value is estimated at the equivalent of 60 million CNY and 2 million CNY. The insurance period is 188 days. The coverage is valid in the territorial waters of Russia. The gross tonnage of the vessels is 2,548 and 296 tons, built in 2007 and 2010. The flag is Palau. The policy provides risk coverage in accordance with clause 4.5.1. of the Insango Ship Insurance Rules dated 03/01/2024: "With liability for loss and damage", as well as military risks.

In respect of these vessels, shipowners' liability insurance coverage was provided for a similar period, including taking into account the requirements of relevant international conventions, for insurance amounts of $ 25 million. US$ 15 million and US$ 15 million, respectively. The co—insurer under the agreement is Sberbank Insurance Insurance Company LLC.