OREANDA-NEWS. July 07, 2011. The rating agency Expert RA has confirmed the А++ grade ("Exceptionally high reliability level") assigned to OJSC IC ROSNO. This rating demonstrates that in the short-term perspective it is exceptionally highly probable that the company will timely fulfil all financial obligations, both the current ones and those arising in the course of its business. In the medium term, it is highly likely that the company will perform its obligations even in case of substantial negative changes in macroeconomic and market indicators, reported the press-centre of ROSNO.

The rating report issued by Expert RA notes that ROSNO ranks among the leaders of the Russian insurance market. In 2010, OJSC IC ROSNO ranked 7th among the Russian insurers in terms of the volume of gross insurance premium collected. The company also ranked 2nd by VMI premium collected and entered the TOP 10 insurers in OMTPL and MOD insurance.

Among the positive factors mentioned in the report are: high solvency margin, high diversification and reliability of investments, low losses in main insurance types, broad client base, high diversification of insurance portfolio, and reliable reinsurance protection.

"The brand of OJSC IC ROSNO is widely known among the general public. The company’s client base figures are significantly higher than the market average, thus positively affecting its financial stability. Reinsurance protection is also highly reliable", says the report by Expert RA.