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Gosstrakh USSR
Gosstrakh SSSR () was the unified union-republican system of state insurance agencies in the USSR, under the jurisdiction of the USSR Ministry of Finance. History 200px, Gosstrakh insurance policy from 1926 After the October Revolution, the insurance system in Russia changed completely. By the decree of the Council of People's Commissars of the RSFSR of March 23, 1918, the activities of joint-stock insurance companies were significantly limited, and zemstvo and mutual insurance were transferred to the jurisdiction of councils and economic councils. Eight months later, on November 28, 1918, the decree "On the organization of insurance business in the Russian Republic" was adopted, according to which insurance in the country was declared a state monopoly, and all property and capital belonging to private companies were transferred to the state. The subsequent era of the New Economic Policy led to the revival of private peasant farming and small business, which existed in parallel wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rosgosstrakh
Rosgosstrakh () is a Russian insurance company. It was the largest insurance company in Russia for many years but is now the second largest, behind SOGAZ. Rosgosstrakh was the main sponsor of the Russian National Football Championship. As Russia began its 2022 invasion of Ukraine, Rosgosstrakh was sanctioned by the US on 24 February 2022. History Rosgosstrakh is the successor of Gosstrakh USSR, which was founded in 1921 during the Russian Soviet Federative Socialist Republic. Gosstrakh was the Russian government-owned insurance monopolist until 1947, when Ingosstrakh was established as agency of foreign insurance. Rosgosstrakh became a state-owned joint stock company on 10 February 10 1992 by the Government Resolution of the Russian Cabinet №76 "On the establishment of the Russian State Insurance Company". In July 2003, the controlling stake of 78%, minus four shares, was privatized. As of 2006, Rosgosstrakh was Russia's largest insurance company with US$1,528 billion in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamburg
Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-largest in the European Union with a population of over 1.9 million. The Hamburg Metropolitan Region has a population of over 5.1 million and is the List of EU metropolitan areas by GDP, eighth-largest metropolitan region by GDP in the European Union. At the southern tip of the Jutland Peninsula, Hamburg stands on the branching River Elbe at the head of a estuary to the North Sea, on the mouth of the Alster and Bille (Elbe), Bille. Hamburg is one of Germany's three city-states alongside Berlin and Bremen (state), Bremen, and is surrounded by Schleswig-Holstein to the north and Lower Saxony to the south. The Port of Hamburg is Germany's largest and Europe's List of busiest ports in Europe, third-largest, after Port of Rotterdam, Rotterda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Foreign Trade (Soviet Union)
The Ministry of Foreign Trade (; Minvneshtorg) was a government ministry in the Soviet Union. The foreign trade of the USSR was a government monopoly and was conducted by the Ministry of Foreign Trade. This ministry maintained control over the planning and operation of foreign trade through main administrations for imports and exports and for certain large geographical areas, as well as through foreign-trade corporations holding monopolies for specific commodities or services. Postwar industrialization and an expansion of foreign trade resulted in the proliferation of all-union foreign trade organizations (FTOs), the new name for foreign trade corporations and also known as foreign trade association. History In 1946 the People's Commissariat of Foreign Trade was reorganized into the Ministry of Foreign Trade. The Ministry of Foreign Trade, through its FTOs, retained the exclusive right to negotiate and sign contracts with foreigners and to draft foreign trade plans. The Ministry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is referred to as the "ceding company" or "cedent". The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain Solvency, solvent after major claims events, such as major disasters like hurricanes or wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies that accept reinsur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amtorg Trading Corporation
Amtorg Trading Corporation, also known as Amtorg (short for ''Amerikanskaya Torgovlya'', ), was the first trade representation of the Soviet Union in the United States, established in New York in 1924 by merging Armand Hammer's Allied American Corporation (Alamerico) with Products Exchange Corporation (Prodexco) and Arcos-America Inc. (the U.S. branch of All Russian Co-operative Society, ARCOS, also known as "Russia House" or "Soviet House" in Great Britain). History Formally a semi-private joint-stock company and American corporation, Amtorg occupied a unique position in the market as the single purchaser for a communist state. Even though it did not officially represent the Soviet government, it was controlled by the People's Commissariat for Foreign Trade and, prior to the establishment of diplomatic relations between the US and the USSR in 1933, served as a de facto trade delegation and a quasi-embassy. Amtorg handled almost all exports from the USSR, comprising mostl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
All Russian Co-operative Society
The All-Russian Co-operative Society (ARCOS or ARKOS, ) was the principal body responsible for orchestrating Anglo-Soviet trade in the early days of the Soviet Union, following the development of Vladimir Lenin's New Economic Policy. Its headquarters was located in Hampstead, London. In 1927 the organisation was raided by British authorities, who accused the company as serving as a front for subversive activities. Origins The All-Russian Co-operative Society, Ltd., began operations in London in October 1920. The name "Arcos" is an acronym deriving from the formal name of the company: All-Russian Co-operative Society, although in the contemporary press the name was typically capitalised as would be a proper name (i.e. "ARCOS"). Arcos was established as the official buying and selling agency of the Soviet government in the United Kingdom,"The Work of Arcos", p. 19. and was a British company, operating under British law, although the stockholders were all Soviet citizens. Arcos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovkhoz
A sovkhoz ( rus, совхо́з, p=sɐfˈxos, a=ru-sovkhoz.ogg, syllabic abbreviation, abbreviated from , ''sovetskoye khozyaystvo''; ) was a form of state-owned farm or agricultural enterprise in the Soviet Union. It is usually contrasted with kolkhoz, which is a collective-owned farm. Just as the members of a kolkhoz were called "kolkhozniks" or "kolkhozniki" (колхозники), the workers of a sovkhoz were called "sovkhhozniks" or "sovkhozniki" (совхозники). History Soviet state farms started to be created in 1918Padalka, S. "Radhosps (РАДГОСПИ)' . ''Encyclopedia of History of Ukraine''. as an ideological example of "socialist agriculture of the highest order". Kolkhozes, or collective farming, collective farms, were regarded for a long time as an intermediate stage in the transition to the ideal of state farming. While kolkhozy were typically created by combining small individual farms together in a cooperative structure, a sovkhoz would be organi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kolkhoz
A kolkhoz ( rus, колхо́з, a=ru-kolkhoz.ogg, p=kɐlˈxos) was a form of collective farm in the Soviet Union. Kolkhozes existed along with state farms or sovkhoz. These were the two components of the socialized farm sector that began to emerge in Agriculture in the Soviet Union, Soviet agriculture after the October Revolution of 1917, as an antithesis both to the feudalism, feudal structure of impoverished serfdom and aristocracy, aristocratic landlords and to individual or family farming. Initially, a collective farm resembled an updated version of the traditional Russian obshchina "commune", the generic "farming association" (''zemledel’cheskaya artel’''), the Association for Joint Cultivation of Land (TOZ), and finally the kolkhoz. This gradual shift to collective farming in the first 11 years after the October Revolution was turned into a "violent stampede" during the collectivization in the Soviet Union, forced collectivization campaign that began in 1928. Name T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oranta (company)
National joint-stock insurance company Oranta () is the oldest insurance company in Ukraine, which provides a wide range of insurance services to both individuals and legal entities. The company is the legal successor of State Insurance of the Ukrainian SSR, a division of Gosstrakh USSR. History The company traces its existence back to 1921, when the Gosstrakh USSR, state insurance system was created in the Ukrainian SSR. During the Soviet period, State Insurance of the Ukrainian SSR had a monopoly on insurance in Ukraine, controlling both compulsory and voluntary insurance and playing an important role in meeting the socio-economic needs of society. After the Dissolution of the Soviet Union, collapse of the Soviet Union and Declaration of Independence of Ukraine, Ukraine's independence, the republican affiliation of the Gosstrakh SSSR, Gosstrakh, established on November 25, 1921, was incorporated as Ukrderzhstrakh (). On September 7, 1993, it was transformed into the National Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ukraine
Ukraine is a country in Eastern Europe. It is the List of European countries by area, second-largest country in Europe after Russia, which Russia–Ukraine border, borders it to the east and northeast. Ukraine also borders Belarus to the north; Poland and Slovakia to the west; Hungary, Romania and Moldova to the southwest; and the Black Sea and the Sea of Azov to the south and southeast. Kyiv is the nation's capital and List of cities in Ukraine, largest city, followed by Kharkiv, Odesa, and Dnipro. Ukraine's official language is Ukrainian language, Ukrainian. Humans have inhabited Ukraine since 32,000 BC. During the Middle Ages, it was the site of early Slavs, early Slavic expansion and later became a key centre of East Slavs, East Slavic culture under the state of Kievan Rus', which emerged in the 9th century. Kievan Rus' became the largest and most powerful realm in Europe in the 10th and 11th centuries, but gradually disintegrated into rival regional powers before being d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
