Expert RA Confirmed PPF General Insurance Reliability Rating
OREANDA-NEWS. "Expert RA" rating agency confirmed ‘PPF General Insurance’ (formerly known as ‘Generali PPF General Insurance’) rating A+, which means very high reliability; the rating outlook is stable.
The Company’s investment portfolio is highly liquid and reliable. The Company’s reinsurance coverage is highly reliable; the maximum net insurance indemnity is as low as 2.5% of equity as of October 1, 2012.
Fast increase in insurance premiums, the extremely high operating costs, the payables to assets ratio that is much higher than the market average restrain the rating.
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