Moodys Confirms ROSNO Rating
OREANDA-NEWS. December 05, 2008. The international rating agency Moody`s Investors Service has published an updated review of ROSNO. Based on the updated performance study of the company, the agency has issued a report confirming the current rating of insurer’s financial stability at Baa1 on international scale and the Aaa.ru rating on the national scale, reported the press-centre of ROSNO.
The analysts of Moody`s Investors Service regularly review the companies’ performance and determine whether the latest company data go in line with the previously assigned ratings.
In March 2007, ROSNO was for the first time rated on international scale, being assigned the Baa1 level. Rating forecast is "Stable". At the same time, the agency Moody’s Interfax assigned ROSNO an Ааa.ru rating on the national scale.
In their updated review of ROSNO’s performance Moody`s analysts note: "The Baa1 rating of financial stability assigned to OJSC ROSNO by the rating agency Moody’s reflects the company’s leading positions in the Russian property and liability insurance market, its highly diversified portfolio, extensive sales network, prudent asset allocation policy, and strong shareholders..."
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