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40 insurance cos announce intent to join Construction Insurance Pool
Journal Staff Report

KIEV, Nov. 12 – Forty insurance companies have announced intent to become members of the Construction Insurance Pool (CIP), CIP Director General and chairperson of the Spektr insurance company's board Iryna Okayaniuk said at a press conference on Tuesday.

In her words, both 12 CIP founding companies and those which will join it will work under equal conditions. Requirements for the participants in the pool will be strict, including the introduction of standard underwriting and the creation of a common insurance fund.




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