Content |
100px | Output_to_second_en = No | No_English = No | English_Only = No. | Do Not_Send = No. | City = Moscow | Street = 125009, 16 Tverskaya St., bldg. 1 |Geografiya=Rossiya^^ Central Federal District of the Russian Federation | Owner1 = Lukoil NK | TIN_1 = 7710541631 | OGRN_1 = 1047796329250 | currency_type = Thousand rub | Reporting Standard = IFRS | B_Rambler = No. | chief information officer = No. | Persona1 = Adamantiadis Christos }}
History
2023: Lukoil and its partner gain control of Gardia
On April 18, 2023, it became known about the transfer of the former Russian subsidiary of the insurance company AIG to the ownership of Lukoil and its financial partner. The corresponding entry is entered in the Unified State Register of Legal Entities (USRUL).
According to Interfax with reference to the Unified State Register of Legal Entities, in April 2023, Invest LLC and K.N. Kholding LLC received 51% and 49% shares in the holding structure of Gardia, AIG Si Es Investments LLC. K.N. Kholding is the structure of Lukoil, K.N. Kholding has 49% in Invest, the remaining 51% is owned by ZPIF Gazprombank Freesia.
Lukoil and GPB-Freesia together have already participated in one transaction related to the departure of a foreign player from the Russian market: they acquired control in the daughter of the Italian energy holding Enel (now called EL5-Energo). Subsequently, the entire package, originally acquired by partners (56.4%), was consolidated by Lukoil.
"Gardia," commenting on the change of ownership to the news agency, said that it would serve the insurance needs of the Lukoil group, "while continuing to develop the market business."
According to the Central Bank of the Russian Federation, by the beginning of 2023, Gardia ranked 94th among Russian insurers in terms of total fees, rolling back from 49th position. The total volume of premiums from the insurance company in 2022 amounted to 227.7 million rubles, having decreased by 11.4 times compared to 2021.
Independent expert Andrei Barkhota, in a conversation with Kommersant, noted that the universal nature of AIG's insurance business makes it suitable for subsequent resale with a premium against the background of improving conditions, and this may include the investment idea of buyers. In the Russian market, AIG was mainly engaged in insurance of large risks that were reinsured in the companies of the parent group.[1]
2022: Company bought out by Russian investors
In December 2022, Russian investors successfully bought the insurance company AIG from the American AIG.
2014
Net profit increased 4 times to 193 million rubles
According to the financial statements of AIG in Russia, the company's net profit amounted to more than 193 million rubles for 2014, reaching the highest indicator since 2010 and more than 4 times higher than the result for 2013. The amount of payments made by the company amounted to over 733 million rubles, and the total volume of collected insurance premiums exceeded 3.8 billion rubles, which is 1.2 billion rubles more than in 2013 and 2012. The value of the company's assets by the end of 2014 amounted to more than 9 billion rubles and almost 3 times higher than in 2013. Insurance reserves increased more than 4.8 times and amount to more than 6.17 billion rubles.
Plan to curtail retail business in Russia
The insurance company AIG will stop insurance of vehicles, personal property, as well as insurance against accidents and traveling abroad, Vedomosti reports. AIG, a subsidiary of US insurance group AIG, has been winding down retail sales in Russia since October 1, according to Russian media reports. At the same time, promising to pay the entire commission on the policies "submitted to the company and paid for by September 31" in full, the company asks to hand over all strict reporting forms (policies).
It is also reported that the company intends to "continue to provide only commercial types of insurance in Russia and stop insurance of vehicles, personal property, as well as insurance against accidents and traveling abroad from October 01, 2014."
The company 11.09.2014 said that the decision was made "as a result of careful consideration and deep study of the market," while "AIG does not curtail operations in Russia and in the regions," but will deal with "commercial types of insurance," and that this decision "is not related to sanctions.
2013:275 employees
In 2013, the company received 194.7 million rubles. total annual income. In 2013, the company announced the payment of dividends for 26 million rubles.
As of the end of 2013, the company employed 275 people. In the register of agents of individuals, 267 agents are mentioned, of which 34 legal entities and individual entrepreneurs. In the register of insurance brokers and agents of legal entities - 457 names of legal entities and the names of individuals.
2012: Total volume of collected insurance premiums 2.6 billion rubles, insurance payments - 488 million rubles
According to experts, AIG in Russia in 2012 received 162 million rubles. total annual income. The net profit of AIG CJSC for the reporting period amounted to more than 93 million rubles, which is almost 2.5 times higher than the same indicator last year.
According to the financial statements for 2012, the total volume of collected AIG insurance premiums in Russia reached more than 2.6 billion rubles. Insurance payments amounted to more than 488 million rubles. The growth in the volume of insurance premiums compared to the same period last year was demonstrated by such areas as property and liability insurance, cargo insurance and personal insurance.
As of December 31, 2012, the assets of AIG CJSC amounted to more than 2.75 billion rubles, insurance reserves - more than 1.49 billion rubles, authorized capital - 480 million rubles.
2012: Renaming Chartis to AIG Insurance Company
On November 15, 2012, Chartis Insurance Company Closed Joint Stock Company was renamed. New full name of the company: AIG Insurance Company Closed Joint Stock Company in Russian and AIG Insurance Company, CJSC in English. Abbreviated name of the company: CJSC "AIG" in Russian and AIG, CJSC in English.
CJSC Chartis was part of the international group of companies Chartis and AIG, which includes, in particular, Chartis Europe S.A. (a division of Chartis that unites companies in Europe).
AIG CJSC is part of the American International Group (AIG), one of the participants in the personal and property insurance market.