OREANDA-NEWS. March 27, 2009. The rating agency Expert RA has confirmed the А++ grade ("Exceptionally high reliability level") assigned to ROSNO seven years ago, reported the press-centre of ROSNO.

When compiling the year rating, the rating agency has for the first time considered two companies of ROSNO Group (OJSC IC ROSNO and IC ROSNO-MS). Thus, IC ROSNO-MS has been for the first time assigned the А++ reliability grade.

The comprehensive performance assessment conducted by the agency has demonstrated that in the near perspective it is exceptionally highly probable that ROSNO Group will timely fulfil all financial obligations, both the current ones and those arising in the course of business. In the medium term, it is highly likely that the Group will perform its obligations even in case of substantial negative changes in macroeconomic and market indicators.

The rating report issued by Expert RA with regard to ROSNO notes that the insurance group ROSNO ranks among the leaders of the Russian insurance market: it ranked 5th by volume of insurance premium (excluding OMI) collected in 2008 and 2nd by volume of obligatory medical insurance compensation payments.

According to the FSSN data for the year 2008, the Group ranked 2nd among the insurers operating in the Moscow insurance market. Also, based upon the results of the first six months of 2008, the Group is among the market leaders in such insurance fields as corporate property insurance, VMI, accident and sickness insurance, land vehicle insurance, carrier’s liability insurance, construction and assembly risks insurance, private property insurance, and OMTPL (according to Expert RA).

"The Group’s brand is well-known among the population at the federal level. The Group has a well-established reputation in the insurance business community. The Group’s top managers also have a high business reputation with the professional community", states the rating agency’s report.