Universalna Insurance Company (Kyiv) has paid out UAH 10.585 million for a burnt-out combine harvester, its website reports.
It is noted that the insured event occurred in Zhytomyr region, where a fire broke out at the bottom of the combine during field work as a result of a malfunction in the electrical system. Due to strong winds, the fire quickly spread to the right side of the machine. The cab, all electrical equipment, engine and auxiliary elements, variators of drive units, threshing systems, chassis, and frame elements were damaged.
Universalna Insurance Company has an international shareholder base, with the European Bank for Reconstruction and Development holding a 30% stake and Fairfax Financial Holdings Limited holding a 70% stake.
Fairfax Financial Holdings Limited (Canada) is a holding company that, through its subsidiaries, is primarily engaged in accident insurance, property insurance and investment management.
