Ahbor-Reyting Updated Solvency Rating on Uzbekinvest
OREANDA-NEWS. July 17, 2009. Rating agency "Ahbor-Reyting" has updated to National export-import insurance Company "Uzbekinvest" following the results of 2008, a solvency rating on a national scale "uzА ++" with the forecast "Stable". Rating of NEIIC "Uzbekinvest" "uzА ++" reflects HIGH level of solvency of the insurance company with positive prospects. The Company rating reflects exclusively high ability on timely and full performance of the obligations and requirements of holders of insurance policies, reported the press-centre of Uzbekinvest.
Following the results of 2008, Company is included into number of 5 large insurers of republic in the scope of insurance premiums. The branchy regional subsidiary network of the Company includes 14 subsidiaries and more than 70 branches in all regions of republic. Close relations with the leading foreign insurance companies and reinsurance brokers of the Great Britain, Germany, Switzerland, South Korea, India, Russia and etc. are established by NEIIC "Uzbekinvest".
NEIIC "Uzbekinvest" has exclusively high level of capitalisation. Capital of the Company following the results of 2008 comprises 60 million US dollar in soums equivalent which is the highest indicator among other insurers. Current level of the authorised capital is very higher than measures of the domestic market and sufficient with the view of a regulator on the nearest foreseeable future. By estimations of "Ahbor-Reyting", NEIIC "Uzbekinveset" will have a sufficient covering under the minimum capital and in the future.
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