Michael Berlin, Chairman of the Board stated at the meeting of the branch directors that represented offices in Vinnitsa, Dnepropetrovsk, Donetsk, Ivano-Frankivsk, Kyiv, Lugansk, Odessa, Kharkiv and Chernihiv.

The meeting summarized the activity of CJSC Ukrainian Insurance House for the first quarter of the current year. During the three-month period the branches demonstrated good dynamics of the financial indices growth, Mr. Berlin said.

Special attention was paid to the expansion of the Ukrainian Insurance House branch network. The regions where the company plans to open its offices during the second quarter were defined.

Infomation. CJSC Ukrainian Insurance House was founded on September 25, 2003. It undertakes 11 types of voluntary insurance. The statutory capital makes 8 million UAH. The company has nine branch-offices in nine oblast centers of Ukraine (Vinnitsa, Dnepropetrovsk, Donetsk, Ivano-Frankivsk, Lugansk, Odessa, Kharkiv, Chernihiv and Kyiv).