SAIPRO Confirmed Rating of Uzbekinvest at Level uzA
OREANDA-NEWS. July 17, 2009. The major factors, allowing to highly appreciate level of reliability of NEIIC "Uzbekinvest" following the results of 2008, became lead positions of the Company in the market of insurance services, active development of the infrastructure, including branchy subsidiary network and specialised branch establishments, high level of capitalisation, solvency and Company capacity, and also dimensional indicators, long history of operation in the national and international markets of insurance, reported the press-centre of Uzbekinvest.
Positive influence on the exposed rating was rendered by the investment policy of the company, quality of placing of insurance reserves and indicators of financial reliability of the Company. Financial indicators of the Company from the point of view of financial stability still remain at high level. Indicators of liquidity of the Company remain at high enough level for timely and full execution of the taken obligations. The company strictly carries out all established by a regulator of the market solvency specifications.
The company has competitive advantages such as, the high capitalisation, accumulated operational experience in the market of the insurance services, recognised brand and wide regional subsidiary network.
Considering the above-stated and by results of a rating estimation, Company "SAIPRO" following the results of activity in 2008 confirms rating to NEIIC "Uzbekinvest" at level "uzA ++" ("Excellent financial reliability").
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