OREANDA-NEWS. December 11, 2007. The Moscow Complex "Gostiny Dvor" hosted a solemn ceremony of awarding the laureates of the national business prize "Company of the Year". ROSNO has been named an Insurance Company of the Year 2007, reported the press-centre of ROSNO.

The national prize "Company of the Year" instituted in 1999 is frequently called a "Mother of all premiums" of the Russian business community. This contest sums up the year results and discovers new names in various economy sectors. The prize founder is RusBusinessConsulting.

The contest’s expert council consisting of business elite representatives, chief executives of major Russian companies, politicians and government officials, famous public and political figures determines the best companies in such sectors as industry, finance and services. The Company of the Year prize has won recognition in the business community, and the victory in such contest means that the business community publicly acknowledges the company’s business achievements.

For ROSNO, last year was rich in various events. In 2007, the international insurer Allianz SE confirmed ROSNO’s investment attractiveness by acquiring 49.2% of the company’s shares for 750 mln. US dollars.

The rating agency Moody’s Investors Service assigned ROSNO a global-scale financial reliability rating of Ваа1. Rating forecast is "Stable". At the same time, the rating agency Moody’s Interfax assigned ROSNO a national-scale rating Ааа.ru. This is the highest rating among the Russian insurance companies.

Also in 2007, ROSNO was the first Russian company to achieve conformity of its major business processes to the international data security standards. The company’s data security control system has been certified for ISO/IEC 27001:2005.

In 2007, under the auspices of the International Brand Listing Project (Brandlisting.com), ROSNO brand was estimated by the agency V-RATIO Business Consulting Company to be worth 444,6 mln. USD. According to the market analysts, in the first six months of 2007, the Russian insurance market has grown by 29,9%. During the same period, ROSNO demonstrated a 41,9% growth, which is significantly above the average market growth rate.

Receiving the award, Mr. Dmitry Popov, ROSNO’s Member of the Board and First Deputy General Manager, thanked the expert council for the prize and said: "The insurer’s high-quality work is necessary to ensure that the client feels protected regardless of where he or she resides: in Moscow, Vladivostok, or Kaliningrad. And our victory in this nomination has been won through the efforts of every ROSNO employee in all Russian regions. The recognition from part of the expert council and business community proves that our work represents a notable contribution to the Russian economy".