Igor Babin

ORANTA Insurance (subsidiary of Achmea)

Founded in 1995, ORANTA Insurance provides 24 types of insurance and reinsurance services in Russia. According to the data of the Central Bank of the Russian Federation ORANTA Insurance is in Top 35 largest non-life Russian insurance companies. ORANTA Insurance is a part of Achmea (Netherlands), which is active in 7 countries: Netherlands, Turkey, Russia, Greece, Slovakia, Ireland and Australia. Product portfolio includes a wide range of non-life and health products. Achmea has "A+" S&P rating. In September 2014, the Dutch insurer Achmea sold the Oranta Insurance Company to the Russian Insurance Group Companion. The sale comprises the transfer of all the shares of Oranta - a 100% subsidiary of Achmea - to Companion. The transaction was approved by the Russian Federal Antimonopoly Service (FAS).