OREANDA-NEWS. August 14, 2008. VAB Re received a certificate “For the economic development” and entered “Guard-500”rating, which is prepared by Galytski Kontrakty. VAB Re Chairman of the Board Alla Voloshina reported on November 2nd, commenting the rating's results, reported the press-centre of VAB Re.

“Guard 500” is a project, which ranks the richest Ukrainian companies, analysing their performance and general situation of the national economy. Within this project, the rating presents 500 largest Ukrainian companies, according to the results of their activity and using the data from independent monitoring. Companies are ranked by net earnings.

According to Alla Voloshina, “Today reinsurance market has a significant influence on rates of qualitative and quantitative growth of the Ukrainian insurance market. Reinsurance is the indicator of the market’s development level and only VAB Re’ experienced specialists and highest financial potential of the reinsurer can guarantee the achievement of the highest results”.
VAB Re thanked the rating organizers for the company’s recognition and high estimate of contribution to market progress of the Ukrainian reinsurance.