In relation to the fire damage occured at the the building of ‘Ulsyn Ikh Delguur’ JSC on June 7, 2020, the General Police Department of Mongolia has issued the investigation report on the case. 

The report concluded that the employees of the "ITN" LLC, who was fixing the roof of the building, caused the fire due to the failure of operational safety. The investigation is being continued to determine the loss incurred by the "Ulsyn Ikh Delguur" JSC and its rentees. 

As the financial capacity of the "Ulsyn Ikh Delguur" JSC to get over the fire damages is low, it was provided with financial and human supports by the Nomin Insurance LLC and its affiliates and reopened its ground and first floor of the building starting from July 03rd, 2020. 

Moreover, we have been informed that the issuer was insured by the real estate insurance while the rentees of the building were insured by the inventory insurance according to the rental agreement. 

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