Expert RA Confirmed Euro-Police Insurance Company Reliability Rating
OREANDA-NEWS. Expert RA rating agency confirmed 'Euro-Police' insurance company reliability rating A, which means high reliability, and changed the outlook from stable for positive. The positive outlook means the high probability of the rating upgrading in the mid-term.
The low net loss ratio and the low combined net loss ratio, the low maximum net insurance benefit, high insurance portfolio diversification as well as high reinsurance coverage reliability have a positive impact on the Company rating.
Low reliability of the invested capital, high losses in voluntary health insurance - one of the Company's core lines of business, small customer base and poor geographic diversification of the insurance portfolio did not allow assigning a higher rating.
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