OREANDA-NEWS. August 15, 2011. The rating agency "Expert RA" says the withdrawal of the rating the reliability of the company Profile Re since August 11, 2011 in connection with the refusal of the company's mainstream rating. Previously, the company has acted rating of A "high level of reliability."

According to "Expert RA", JSC "Profile Re" by end of 2010 it took 22th place among Russian insurers in terms of value of contributions received for reinsurance.

Expert RA Rating Agency is the first independent rating agency in Russia founded in 1997 by Expert  magazine. It is presently the largest Russian rating agency staffed with 60 plus employees.

 The Agency strategic goal is to provide all-round information and analysis assistance to companies, operating on the Russian market.

 The Agency business is based on unique system of rating products. Expert RA family of ratings presents classic credit ratings of companies in all economic branches, regions and municipalities, as well as ratings related to different aspects of social responsibility of companies: corporate governance rating, companies' ecological liability rating.

 Currently Expert RA ratings have been assigned to over 100 companies (including companies from Eastern Europe, CIS and the Baltic countries) and regions (60 received the Agency credit rating).