PJSC RusHydro Insurance Protection

Insurance protection in PJSC RusHydro is built based on the normalization principles of the insurance protection system, the optimization of insurance coverage, the unity of approaches to insurance organization, and insurance continuity.


Insurance coverage targets

Selection of insurance companies

The selection of insurance companies is carried out on a competitive basis to select insurers that offer the best quality-to-price ratio for insurance services. Requirements for the insurance cover terms and conditions are formed based on the Company’s current risk situation analysis, the supply analysis of the insurance market, and social policy and legal requirements.

Types of insurance coverage

In 2013, the insurance coverage of PJSC RusHydro and its subsidiaries included the following types of insurance:

  • property insurance against all risks;
  • automobile and water transport insurance;
  • insurance against construction and installation risks;
  • third party insurance of organizations that operate hazardous production facilities and waterworks;
  • voluntary medical insurance and accident insurance;
  • third party insurance of PJSC RusHydro's management team and executives.

PJSC RusHydro imposes high requirements with regard to insuring its assets (property insurance against all risks and the insurance of construction and installation risks), and due to the limited resources of the Russian insurance market also puts forward additional demands and effects control over the reinsurance of its risks. Since 2010, the Company has been implementing a policy of openness to foreign insurance community representatives. Each year, the Company organizes insurance engineering surveys of its facilities, and holds road shows, negotiations and follows reinsurers’ recommendations.


The reliability of insurance protection conditions, the experience of insurance settlement and accumulated extensive friendly contacts with both the international and Russian insurance markets help the Company successfully implement risk and finance management activities.