Cherkizovo Group's livestock and poultry insured by RSHB Insurance for a total of RUB 7.9 billion

May 22, 2019

Moscow, Russia – May 22, 2019 – Cherkizovo Group, Russia’s largest meat manufacturer and a Top 3 player in the markets of poultry, pork and processed meat products, insured over 15 million heads of poultry and 1 million pigs at RSHB Insurance.

RSHB Insurance provides services to corporate clients and individuals focusing on agricultural businesses. RSHB Insurance is part of the Russian Agricultural Bank Group. Based on the data of the Bank of Russia, the company ranked first in Russia’s agricultural insurance in 2018.

The poultry of Lisko Broiler, Chicken Kingdom, Altaisky Broiler and Cherkizovo-Pork pigs in the Voronezh, Lipetsk, Orel, Penza, and Tambov regions as well as in the Altai Territory were insured under the relevant contracts for a total of RUB 7.9 billion.

The contracts are to coverthe following risks: diseases (including infectious, noninfectious and noncommunicable diseases), forced slaughtering, disposal, fire, poisoning, accidents (including asphyxia and heat stroke), natural disasters, interrupted power, heat or water supply, and unlawful acts of third parties. Insured events include death (mortality) and forced slaughtering or loss of livestock and poultry caused by the above events.