SAIPRO Rated Uzbekinvest uzA
OREANDA-NEWS. August 30, 2010. Results of rating estimation of "Uzbekinvest’s" activity by 2009 results made by "SAIPRO" allowed to highly appreciate and once again to confirm its financial reliability at level "uzA ++" ("Excellent financial reliability"). Growth of volume of insurance premiums, high level of solvency, financial stability, portfolio equation, long history of continuous work in the national insurance market, presence of reliable resafety protection and the developed network of regional branches became the main factors of the appropriated rating, reported the press-centre of Uzbekinvest.
The certificate confirming this rating is supported by numbers of exclusively high positive factors, and distinguishes the "Uzbekinvest" Company from the other insurance companies of the Republic of Uzbekistan with the ability to completely carry out financial obligations in time, both current and arising during the insurance activities. The company having such kind of rating is considered as possessing exclusively high level of reliability with the positive prospect, characterized with very high results of financial and insurance activities compared with other insurance companies.
Dynamics of positive development and growth was traced in the Company in 2009. By 2009 results the volume of insurance premiums in compare with 2008 has increased in 2,3 times. The given indicator has also exceeded an indicator of 2007 by 23,2 %. It is remarkable that in 2009 the Company increased the volume of insurance premiums in all principal views of voluntary insurance.
Such a fast growth of volumes of insurance premiums in 2009 basically was the result of increasing of insurance premiums volume in property insurance and obligatory insurance. As for insurance compensations, decreasing of loss ratio of insurance premiums is positively estimated.
As a whole, according to the "SAIPRO’s" experts estimation the growth of cumulative volumes of insurance premiums and also pure premiums after deduction reinsurance share provides the positive impact on estimation of an insurance portfolio of the Company.
Комментарии